Patent ID: 8126794
Filing Date: 2012-02-28
Classification: G06Q,G07F,H01L

Abstract:
1. A method of a trading machine for trading contingent claims in a demand-based auction, comprising: recording investments in a plurality of contingent claims; for each of the plurality of contingent claims, selecting, by a processor of the trading machine and from a plurality of demand-based claims, a respective set of demand-based claims that (a) the processor determines most closely, as compared to others of the plurality of demand-based claims, replicates a return on the respective contingent claim, and (b) includes at least one option, wherein the value of each of the plurality of contingent claims is contingent on the outcome of an observable event with more than one possible outcome; and determining, by a processor of the trading machine, investment amounts in the demand-based claims and returns on the demand-based claims based on input of the total and relative amounts of all investments in the recorded plurality of contingent claims.