Patent ID: 7925562
Filing Date: 2011-04-12
Classification: G06Q

Abstract:
1. A method of pricing a collective investment vehicle (CIV) having a plurality of portfolio securities, comprising: at a pricing-agent computer system, receiving partial portfolio composition information for a subset of the portfolio securities; at the pricing-agent computer system, selecting a security price for each portfolio security from the subset, wherein each selected security price is associated with a time offset within a pricing interval, and wherein the time offsets used to select security prices are not identical for all of the portfolio securities at the pricing-agent computer system, generating a plurality of partial price components based on the selected security prices; at the pricing-agent computer system, using the partial price components as a basis for determining a partial price value for the subset of the portfolio securities; transmitting the determined partial price value to the pricing-agent computer system for aggregation with other partial price values associated with the CIV to determine and publish an intra-day indicative value (IIV) of a CIV share, wherein the other partial price values are provided by other pricing-agent computer systems.