Patent ID: 7624062

Claim:
A method for automatically generating a first composite futures contract characterized by at least one parameter, said method comprising: (a) receiving, by a processor, a first instruction, from a market participant, to generate said first composite futures contract; (b) identifying, by the processor and based on said first instruction, a first subset of eligible component contracts from a set of available component contracts provided by an exchange, each of said available component contracts being characterized by at least one attribute; (c) selecting, by the processor, a second subset of component contracts from said first subset; and (d) generating, by the processor, said first composite futures contract based on said second subset, said first composite futures contract characterized by a price computed based on a price of each of said second subset of component contracts, wherein the price of said first composite futures contract, once computed, is disassociated with the price of each of the second subset of component contracts and free to fluctuate independently thereof.