Patent ID: 8849712

Claim:
A method comprising; receiving, at a computer system, a request specifying a type of basis derivative contract corresponding to one or more basis subject matters: in response to the received request and at the computer system, and based on previously-stored type definition data corresponding to the specified type of basis derivative contract, generating and storing data corresponding to a created basis derivative contract of the specified type, the stored data including, deliverable data identifying a future date and an obligation for delivery, on or by the future date, of one or more instances of at least one of the basis subject matters or a monetary value based on one or more instances of at least one of basis subject matters, and derivative data identifying one or more types of future contracts, wherein each of the one or more types of futures contracts is based on at least one of the basis subject matters, the derivative data further identifying an obligation for acceptance, on or by the future date, of further contracts of the one or more types of futures contracts; receiving, at the computer system data confirming satisfaction of the obligation for delivery; and assigning, by the computer system and as result of receiving the data confirming satisfaction, an initial value to each of the one or more types of futures contracts.