Patent ID: 7966245
Filing Date: 2011-06-21
Classification: G06Q

Abstract:
1. A method of trading financial instruments covering specific deliverable products on a daily settlement basis, the method comprising: trading, on a trading system including a processor, a standardized treasury contract obligating a buyer and a seller to settle the standardized treasury contract based on a price of the standardized treasury contract at a first effective date, through an exchange clearing house that guarantees payment to the buyer of any amount owed to the buyer from the seller as a result of the standardized treasury contract and that guarantees payment to the seller of any amount owed to the seller from the buyer as a result of the standardized treasury contract, wherein the standardized treasury contract is an exchange traded instrument that defines a single coupon rate and a single maturity date of an issued treasury instrument to be exchanged upon settlement of the standardized treasury contract at the end of the first effective date and wherein the issued treasury instrument is one of a plurality of treasury instruments available to settle a second standardized treasury contract.