Patent №
US 8,024,258
Granted
2011-09-20
Filed 2010
Owner
AMERICAN STOCK EXCHANGE, LLC, THE
+2 more
Lab
—
AI components
3
kr · planning · evo
Assignment
Recorded
Dataset
AIPD
2023_r1 edition
Application
12823644
A system for determining a basket of financial instruments for hedging investment risk in actively managed exchange traded funds is described. The system uses a trusted computer system and includes a computer storage medium storing a computer program product. The product determines the basket of hedging instruments by extracting factor information from a portfolio of the actively managed exchange traded fund and determining factors that affect the price of the exchange traded fund. The program can select a portfolio of instruments with similar behavior with respect to the determined factors to produce a hedging portfolio that tracks the price of the exchange traded fund.
AI classification
Ownership
AMERICAN STOCK EXCHANGE, LLC, THE
assignment · 246960313
NYSE AMEX LLC
namechg · 246960317
NYSE ALTERNEXT US LLC
namechg · 246960360
Assignors
GASTINEAU, GARY L., WEBER, CLIFFORD
On an employer assignment, the assignors are typically the inventors.