Patent ID: 7983985
Filing Date: 2011-07-19
Classification: G06Q

Abstract:
1. A method, comprising: recording by one or more computers receipt of a creation unit basket of securities for a first fund for a prescribed number of shares in the first fund; calculating by the one or more computers an amount of cash needed to be exchanged to have the creation unit basket of securities for the first fund and the calculated cash amount equate to the net asset value of a second fund based on prices at the close of trading in securities that comprise a creation unit basket for the second fund, with the creation unit basket of securities for the first fund being substantially the same as the creation unit basket of securities for the second fund; and recording delivery of a number of shares in the second fund or in securities other than shares in the first fund to account for the calculated cash amount as a result of the receipt of the creation unit basket of securities for the first fund for the shares in the first fund.