U.S. patents available from 1976 to present.
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Proxy asset data processor

Patent 6513020 Issued on January 28, 2003. Estimated Expiration Date: Icon_subject September 29, 2019. Estimated Expiration Date is calculated based on simple USPTO term provisions. It does not account for terminal disclaimers, term adjustments, failure to pay maintenance fees, or other factors which might affect the term of a patent.

Patent References

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Inventor: Higgins

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Inventors

Assignee

Application

No. 408103 filed on 09/29/1999

US Classes:

705/35Finance (e.g., banking, investment or credit)

Examiners

Primary: Stamber, Eric W.
Assistant: Myhre, James W.

Attorney, Agent or Firm

Foreign Patent References

  • WO 98/13778 WO 04/12/1998

International Classes

G06F 017/60
G06F 017/00

Abstract

A novel data processing system manages and implements a new form of security designated the "Proxy Asset". Proxy Assets provide sophisticated risk management capabilities without the complexities associated with other types of risk management investment vehicles. The Proxy Asset is made possible by the enhanced processing capabilities of the Proxy Asset data processor which creates, tracks, manages, and governs asset accounts for participating investors.

Other References

  • Weisul, Kimberly, "Datel exposes best bids, offers on all stocks", Aug. 11, 1997, Investment Dealers's Digest, vol. 63, Issue 32, pp 10.
  • Shiller, Robert J. and Weiss, Allan N., "Home Equity Insurance", National Bureau of Economic Research, Inc., Working Paper Series, Working Paper No. 4830 (Aug. 1994)
  • Schiller, Robert J., "Macro Markets: Creating Institutions for Managing Society's Largest Economic Risks", Oxford University Press, Oxford, (Clarendon Press 1993)
  • Case, Karl E., Shiller, Robert J., and Weiss Allan N., "Index-Based Futures and Options Markets in Real Estate", The Journal of Portfolio Management, pp. 83-92 (Winter 1993
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