Title:
プロキシ資産に投資するための技術
Document Type and Number:
Japanese Patent JP2004501434
Kind Code:
A
Abstract:
A new form of security designated the proxy asset provides risk management capabilities, such as liquid interests in illiquid assets and economic indicators, without the deficiencies associated with other types of financial instruments. A proxy assets set is defined to respond to one or more indices. Each proxy asset has a share value and a number of shares. The proxy assets have a prox y assets set account value equal to a sum over all proxy assets of the products of the share value and the number of shares. At least one proxy asset account value per share is a function of an index. The function is called an account formula. The account value for the entire set of proxy assets is constrained by a value of a resources pool. The proxy asset account value is reevaluated according to the account formula upon occurence of each event of a plurality of predetermined events.
More Like This:
Inventors:
Weiss, Alan N
Schiller, Robert Jay
Schiller, Robert Jay
Application Number:
JP2001583442A
Publication Date:
January 15, 2004
Filing Date:
May 09, 2001
Export Citation:
Assignee:
Macro Securities Research LLC
International Classes:
G06F17/00; G06Q90/00; G06G7/52; G06Q40/00; G06F; (IPC1-7): G06F17/60
Domestic Patent References:
| JP2003510670A | 2003-03-18 |
Foreign References:
| US5745885A | 1998-04-28 | |||
| WO1999023590A1 | 1999-05-14 |
Attorney, Agent or Firm:
Kazuo Shamoto
Tadashi Masui
Yasushi Kobayashi
Akio Chiba
Hiroyuki Tomita
Fumitoshi Nishiyama
Tadashi Masui
Yasushi Kobayashi
Akio Chiba
Hiroyuki Tomita
Fumitoshi Nishiyama