Patent ID: 7359876
Filing Date: 2008-04-15
Classification: G06Q

Abstract:
1. A method of operating a trading system on a computing platform, the method comprising: a) using a simulated trading system to: set up an account representing a predefined portfolio of nonzero value for each of a plurality of participants, each of the accounts having no actual monetary value; simulate trades by the plurality of participants; apply the simulated trades to the portfolios of the trader participants to thereby update the representative value of the predefined portfolio; and award each participant an item of value in an amount having a monetary value that is equal to all of any representative net profits that the participant simulated over an investment period; and b) sending information about the simulated trades from the simulated trading system to a hedge operations server, said information for use by the hedge operations server in executing actual trades as needed in order to hedge the risk of needing to earn money to provide the items of value.