METHOD AND APPARATUS FOR LISTING AND TRADING A FUTURES CONTRACT WITH VARIABLE DELIVERY AND/OR EXPIRY DATES
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United States of America Patent
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Issued Date -
Aug 14, 2014
app pub date -
Feb 13, 2013
filing date -
Feb 13, 2013
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Abstract
According to various embodiments, a futures contract may be listed on a futures trading Exchange. The futures contract may physically settle at a selectable or variable delivery date into an underlying derivative trade. The underlying derivative trade may be cleared by a Clearing House so that the physical settlement requires that the holder of a position in the futures contract upon expiration or delivery takes a specified side of the underlying derivative trade against another party such as the Clearing House.
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