Method and system for providing a multi-value-type instrument for an exchange
Abstract
In certain embodiments, generation and use of multi-value-type instrument for an exchange may be facilitated. In some embodiments, two or more first currencies may be determined. A second currency with which the exchange operates may be determined. An instrument tradeable on the exchange may be generated such that (i) an asset value of the instrument is denominated in the two or more first currencies, (ii) a trading value of the instrument is denominated in the second currency, and (iii) the trading value fluctuates in response to changes in values of the two or more first currencies. The instrument may be provided the instrument through the exchange via an electronic data network.
Claims
exact text as granted — not AI-modifiedWhat is claimed is:
1 . A computer system for facilitating generation and use of multi-value-type instrument for an exchange, the system being configured to:
determine two or more first currencies with which an exchange does not operate; determine a second currency with which the exchange operates, the second currency being different from each of the two or more first currencies; generate an instrument tradeable on the exchange such that (i) an asset value of the instrument is denominated in the two or more first currencies with which the exchange does not operate, (ii) a trading value of the instrument is denominated in the second currency with which the exchange operates, and (iii) the trading value fluctuates in response to changes in values of the two or more first currencies; and provide the instrument through the exchange via an electronic data network.
2 . The system of claim 1 , wherein generating the instrument comprises generating the instrument based on weights associated with the two or more first currencies.
3 . The system of claim 1 , wherein the instrument corresponds to a set of assets denominated in the two or more first currencies.
4 . The system of claim 3 , wherein the set of assets has a yield value representative of the respective values of the two or more currencies and the second currency.
5 . The system of claim 1 , wherein the two or more first currencies comprises two or more non-U.S. currencies, and the second currency is U.S. dollars.
6 . A method comprising:
determining at least one first currency with which an exchange does not operate; determining a second currency with which the exchange operates, the second currency being different from the at least one first currency; and providing, by one or more processors, via an electronic data network, an instrument tradeable on the exchange, the instrument having (i) an asset value of the instrument is denominated in the at least one first currency with which the exchange does not operate and (ii) a trading value of the instrument is denominated in the second currency with which the exchange operates.
7 . The method of claim 6 , wherein the trading value of the instrument fluctuates in response to changes in values of the at least one first currency.
8 . The method of claim 6 , wherein the instrument is based on one or more weights associated with the at least one first currency.
9 . The method of claim 6 , wherein the instrument corresponds to a set of assets denominated in the at least one first currency.
10 . The method of claim 9 , wherein the set of assets has a yield value representative of the respective values of the at least one first currency and the second currency.
11 . The method of claim 6 , wherein the at least first currency comprises a non-U.S. currency, and the second currency is U.S. dollars.
12 . A trading computer system configured to:
determine at least one first currency with which an exchange does not operate; determine a second currency with which the exchange operates, the second currency being different from the at least one first currency; and provide, via an electronic data network, an instrument tradeable on the exchange, the instrument having (i) an asset value of the instrument is denominated in the at least one first currency with which the exchange does not operate and (ii) a trading value of the instrument is denominated in the second currency with which the exchange operates.
13 . The trading computer system of claim 12 , wherein the trading value of the instrument fluctuates in response to changes in values of the at least one first currency.
14 . The trading computer system of claim 12 , wherein the instrument is based on one or more weights associated with the at least one first currency.
15 . The trading computer system of claim 12 , wherein the instrument corresponds to a set of assets denominated in the at least one first currency.
16 . The trading computer system of claim 15 , wherein the set of assets has a yield value representative of the respective values of the at least one first currency and the second currency.
17 . The trading computer system of claim 12 , wherein the at least first currency comprises a non-U.S. currency, and the second currency is U.S. dollars.Join the waitlist — get patent alerts
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