Patent ID: 8589279
Filing Date: 2013-11-19
Classification: G06Q

Abstract:
1. A method for automatically generating a first composite contract, the method comprising: (a) receiving, by a processor, one or more votes from each of a plurality of market participants, to generate the first composite contract, wherein each of the one or more votes specifies contracts from a first subset of eligible component contracts identified from a set of available contracts provided by an exchange; (b) selecting, by the processor, a second subset of component contracts from the first subset of eligible component contracts based on the one or more votes from each of the plurality of market participants; and (c) generating, by the processor, the first composite contract based on the second subset, the first composite contract characterized by a price computed based on a price of each of the second subset of component contracts, wherein the price of the first composite contract, once computed, is disassociated with the price of each of the second subset of component contracts and free to fluctuate independently of the price of each of the second subset of component contracts according to a market on the exchange.