Patent ID: 8768820
Filing Date: 2014-07-01
Classification: G06Q

Abstract:
1. A computer implemented method of facilitating lending an asset, the method comprising: receiving, by a hardware processor operated by an intermediary, from a first entity of a plurality of entities a first request for a first loan transaction relating to a loan of the asset for a specified duration, the first entity being different from the intermediary, the first loan transaction including a long or a short Special Repo Futures (SRF) contract where a supply of the asset is below a supply threshold, wherein the SRF contract includes a quote including an interest rate differential between general and special collateral rates, in increments, and wherein the SRF contract includes a final settlement value including an interest differential due on an end date calculated as a function of time until maturity and a transacted interest rate differential, otherwise the first loan transaction including a long or a short General Repo Futures (GRF) contract, wherein the GRF contract includes a long position paying a notional value in cash and a short position securing borrowing by posting a general collateral equal in value to the notional value; identifying, by the hardware processor, a second request received by the hardware processor from a second entity of the plurality of entities for a second loan transaction at least partially counter to the first loan transaction, the second entity being different from the intermediary; matching, by the hardware processor, the first request with the second request; facilitating, by the hardware processor based on the matching, the first and second loan transactions without identifying the first and second entities to each other to effect a delivery of at least a portion the asset or a substantial equivalent thereof from one of the first and second entities to the other of the first and second entities, wherein the facilitating of the first and second loan transactions further comprises: facilitating, by the hardware processor, redemption of the at least a portion of the asset or substantial equivalent thereof upon expiration of the duration, the facilitating of the redemption comprising: performing a third transaction substantially counter to the first loan transaction between the first entity and the intermediary and performing a fourth transaction substantially counter to the second loan transaction between the second entity and the intermediary, whereby the performance of the third transaction is independent of the performance of the fourth transaction.