Patent ID: 6952683
Filing Date: 2005-10-04
Classification: G06Q

Abstract:
1. A method for hedging an investor against a currency risk associated with a purchase of a security having a value, said investor purchasing said security in a foreign currency and said investor desiring to receive proceeds from a sale of at least a portion of said security in a home currency, said foreign currency and said home currency having an exchange rate at the time of said purchase and an exchange rate at the time of said sale, said method comprising the steps of: receiving a request for hedging against said currency risk for a time period; calculating a cost for hedging against said currency risk based on said foreign currency, said home currency, said exchange rate at the time of said purchase, said value and said time period; providing the investor with said proceeds from said sale based on said exchange rate at the time of said sale if said exchange rate at the time of said sale is greater than the exchange rate at the time of said purchase; and providing the investor with said proceeds from said sale based on said exchange rate at the time of said purchase if said exchange rate at the time of said purchase is greater than or equal to the exchange rate at the time of said sale, wherein at least one of said steps is performed by a computer.