Patent ID: 8285624
Filing Date: 2012-10-09
Classification: G06Q

Abstract:
1. A method for administering a collective investment vehicle with a portfolio of securities, in relation to one or more market participants (MP's), comprising: performing a creation event, comprising: obtaining securities for the collective investment vehicle to become a part of the portfolio of securities; obtaining or creating an electronic record of security identifiers for the portfolio of securities held by the collective investment vehicle; calculating and disseminating automatically an intraday indicative value (IIV), by one or more computers programmed to calculate the IIV, the calculating based on or derived from the electronic record of the portfolio of securities in the collective investment vehicle, or transmitting data electronically, by the one or more computers, of contents of the portfolio of securities to one or more third parties for a calculation and dissemination of the IIV; performing a redemption event, comprising: further comprising: requiring appointment of the respective MP representative to act for the respective given MP in at least one or more redemption events with the collective investment vehicle, with terms that govern the actions of the MP representative and at least requires a confidentiality restriction regarding an identity of all or a portion of the first set of one or more assets with respect to the MP and a liquidation parameter for all or a portion of the first set of one or more assets, and wherein the receiving an asset from the one MP for the creation event comprises receiving one or more securities for a creation basket in an account transfer from or on behalf of the one MP and/or cash from or on behalf of the one MP or a combination thereof.