Patent №
US 7,813,992
Granted
2010-10-12
Filed 2001
Owner
NASDAQ STOCK MARKET, INC., THE
Lab
—
AI components
1
planning
Assignment
Recorded
Dataset
AIPD
2023_r1 edition
Application
10001900
A financial product is based on a first fund that is traded on a trading marketplace in a first country. The financial product is registered in the first country. The first fund has the characteristics of being based on an index of securities that are traded in a second, different country. The first fund is arbitragable with a second fund that is based on the index and which is registered in a second different country. The first fund has a creation unit basis that is substantially the same basis as a creation unit basis for the second fund. The calculation of the net asset value of the first fund occurs at essentially or exactly the same time that second country fund has its NAV calculated.
AI classification
Ownership
NASDAQ STOCK MARKET, INC., THE
assignment · 127420898
Assignors
BLOOM, STEVEN M., SPECTOR, MICHAEL S., JACOBS, JOHN L.
On an employer assignment, the assignors are typically the inventors.