WO2003012598A3 - System and method for the interactive trading of derivatives - Google Patents

System and method for the interactive trading of derivatives Download PDF

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Publication number
WO2003012598A3
WO2003012598A3 PCT/US2002/024560 US0224560W WO03012598A3 WO 2003012598 A3 WO2003012598 A3 WO 2003012598A3 US 0224560 W US0224560 W US 0224560W WO 03012598 A3 WO03012598 A3 WO 03012598A3
Authority
WO
WIPO (PCT)
Prior art keywords
derivatives
purchase
requests
sell
marketplace
Prior art date
Application number
PCT/US2002/024560
Other languages
French (fr)
Other versions
WO2003012598A2 (en
Inventor
Jack Jenkins
John Berkley
David M Lee
Cheryl Cramer
Ethan Laub
Rob Pacheco
Original Assignee
American Express Travel Relate
Priority date (The priority date is an assumption and is not a legal conclusion. Google has not performed a legal analysis and makes no representation as to the accuracy of the date listed.)
Filing date
Publication date
Application filed by American Express Travel Relate filed Critical American Express Travel Relate
Priority to AU2002319739A priority Critical patent/AU2002319739A1/en
Publication of WO2003012598A2 publication Critical patent/WO2003012598A2/en
Publication of WO2003012598A3 publication Critical patent/WO2003012598A3/en

Links

Classifications

    • G—PHYSICS
    • G06—COMPUTING; CALCULATING OR COUNTING
    • G06Q—INFORMATION AND COMMUNICATION TECHNOLOGY [ICT] SPECIALLY ADAPTED FOR ADMINISTRATIVE, COMMERCIAL, FINANCIAL, MANAGERIAL OR SUPERVISORY PURPOSES; SYSTEMS OR METHODS SPECIALLY ADAPTED FOR ADMINISTRATIVE, COMMERCIAL, FINANCIAL, MANAGERIAL OR SUPERVISORY PURPOSES, NOT OTHERWISE PROVIDED FOR
    • G06Q40/00—Finance; Insurance; Tax strategies; Processing of corporate or income taxes
    • G06Q40/04—Trading; Exchange, e.g. stocks, commodities, derivatives or currency exchange

Abstract

A method and system of trading derivatives of various items includes an electronic marketplace configured to accept requests to purchase (102) and sell derivatives. The marketplace is configured to match requests to purchase with requests to sell when certain criteria are similar to within predetermined limits. The available derivatives includes futures contracts and put call options. The derivatives allow one to purchase rights in an item prior to actual delivery. In addition, the derivatives may be traded to other parties. The use of such derivatives also enables entities to negotiate the prices for various goods and services that were previously not readily negotiable in the past.
PCT/US2002/024560 2001-08-02 2002-08-02 System and method for the interactive trading of derivatives WO2003012598A2 (en)

Priority Applications (1)

Application Number Priority Date Filing Date Title
AU2002319739A AU2002319739A1 (en) 2001-08-02 2002-08-02 System and method for the interactive trading of derivatives

Applications Claiming Priority (2)

Application Number Priority Date Filing Date Title
US30956101P 2001-08-02 2001-08-02
US60/309,561 2001-08-02

Publications (2)

Publication Number Publication Date
WO2003012598A2 WO2003012598A2 (en) 2003-02-13
WO2003012598A3 true WO2003012598A3 (en) 2003-08-14

Family

ID=23198711

Family Applications (1)

Application Number Title Priority Date Filing Date
PCT/US2002/024560 WO2003012598A2 (en) 2001-08-02 2002-08-02 System and method for the interactive trading of derivatives

Country Status (3)

Country Link
US (1) US8239313B2 (en)
AU (1) AU2002319739A1 (en)
WO (1) WO2003012598A2 (en)

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US20040030636A1 (en) * 2002-08-08 2004-02-12 Adam Sommer Method of exchanging articles of commerce
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US8001036B2 (en) 2006-05-30 2011-08-16 Altex-Ats Ltd System for matching orders for futures contracts which facilitate electronic trading of over the counter futures contracts
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US7991686B1 (en) * 2007-11-20 2011-08-02 Dc Energy Llc Computer system for an auction exchange for financially settled contracts
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US7970670B2 (en) * 2008-08-05 2011-06-28 Exchange Holdings Inc. Electronic credit default futures market
US8321328B2 (en) * 2008-08-05 2012-11-27 Exchange Holdings Inc. Electronic credit default futures market
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US9927837B2 (en) 2013-07-03 2018-03-27 Pucline, Llc Electrical power supplying system having an electrical power supplying docking station with a multi-function module for use in diverse environments
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Also Published As

Publication number Publication date
US20030028476A1 (en) 2003-02-06
AU2002319739A1 (en) 2003-02-17
US8239313B2 (en) 2012-08-07
WO2003012598A2 (en) 2003-02-13

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