Patent ID: 8326719
Filing Date: 2012-12-04
Classification: G06Q

Abstract:
1. A computerized apparatus for processing trades of compound redeemable instruments, the computerized apparatus comprising: a network access device in logical communication with a communications network, said network access device comprising a processor and a storage; and executable software stored on the network access device and executable on demand, the software operative with the processor to cause the network access device to: receive data descriptive of an instrument set comprising compound redeemable instruments, said compound redeemable instruments including a first issuer financial instrument of a first instrument class and a second issuer financial instrument of a second instrument class; receive data descriptive of an offer for compound redemption, wherein the compound redemption includes an exchange of the instrument set for an asset set comprising one or more predefined exchangeable assets; receive data descriptive of the asset set comprising an absolute number of exchangeable assets exchangeable in an instance of compound redemption for the instrument set; and transmit a digital instruction to execute a trade consummating the compound redemption of the instrument set in exchange for the asset set.