| 20110246348 | Systems, Methods, and Apparatus for Creating and Trading Hybrid Derivative Financial Instruments - Computer systems, methods, and exchanges for generating and trading novel investment products (“Vxlshares”) are described. In some embodiments, the computer system comprises a computer-readable storage medium including data encoding a value for the Vxlshare based on an underlying. The computer-readable storage medium further includes data encoding an expiration date for the Vxlshare. The computer-readable storage medium of the computer further includes data encoding a price for trading the Vxlshare, the price for trading being a function of the underlying. The computer-readable storage medium also includes data encoding an alpha-numeric symbol for the Vxlshare. The computer is configured to enable execution of trades of the Vxlshare on a platform, such as options platform, an OTC platform, or a platform especially designed for the trading of Vxlshares, on which shares of fully collateralized instruments are traded. | 10-06-2011 |
