SYSTEM AND METHOD FOR PURCHASING A FINANCIAL INSTRUMENT INDEXED TO ENTERTAINMENT REVENUE
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United States of America Patent
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Issued Date -
Mar 6, 2014
app pub date -
Aug 5, 2013
filing date -
Jan 16, 2004
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Abstract
A method for purchasing a securities bundle indexed to entertainment revenue comprises selecting a securities bundle offered by a special-purpose entity. The securities bundle comprises a first security and a second security and the securities bundle is associated with a closing date. The first security is associated with a first entertainment event and the second security is associated with a second entertainment event. The method continues by identifying a return value associated with the securities bundle, and by identifying a purchase price associated with the securities bundle. The method concludes by purchasing the selected securities bundle at least partially based on the purchase price and the return value.
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