公开(公告)号：US20070168268A1

公开(公告)日：2007-07-19

申请号：US11330939

申请日：2006-01-13

申请人： Jeffrey Lange ,  Jonathan Lewis

发明人： Jeffrey Lange ,  Jonathan Lewis

IPC分类号： G06Q40/00

CPC分类号： G06Q40/00 ,  G06Q40/06

摘要： This invention provides systems, methods, and designs for a novel financial product which provides many lifecycle investment advantages compared to existing state of the art products currently available.

摘要翻译： 本发明提供了一种新型金融产品的系统，方法和设计，与目前可获得的现有技术产品相比，提供了许多生命周期投资优势。

公开(公告)号：US20060271459A1

公开(公告)日：2006-11-30

申请号：US11139873

申请日：2005-05-31

申请人： Jeffrey Lange

发明人： Jeffrey Lange

IPC分类号： G06Q40/00

CPC分类号： G06Q40/06 ,  G06Q40/00 ,  G06Q40/08

摘要： This invention provides systems, methods, and designs for two novel life insurance products which provide many lifecycle investment advantages compared to existing state of the art products currently available.

摘要翻译： 本发明提供了两种新型人寿保险产品的系统，方法和设计，与目前可获得的现有技术产品相比，提供了许多生命周期投资优势。

公开(公告)号：US08577778B2

公开(公告)日：2013-11-05

申请号：US10115505

申请日：2002-04-02

申请人： Jeffrey Lange ,  Kenneth Charles Baron

发明人： Jeffrey Lange ,  Kenneth Charles Baron

IPC分类号： G06Q40/00

CPC分类号： G06Q30/08 ,  G06Q40/04 ,  G06Q40/06 ,  G07F7/10 ,  H01L21/28061 ,  H01L29/4941

摘要： Methods and systems for replicating derivatives strategies and for trading derivatives strategies in a demand-based trading market are described. In one embodiment, a set of contingent claims are created to replicate a derivatives strategy. One or more parameters of a contingent claim in the replication set may be determined as a function of one or more parameters of a derivatives strategy and an outcome of the event. An investment amount for a contingent claim in the replication set may be determined as a function of one or more parameters of the contingent claim and a total amount invested in a demand-based auction. In other embodiments, derivatives strategies and/or financial products are enabled to be traded in a demand-based auction and are offered to customers and/or traded in the auction. In another embodiment, a derivatives strategy is replicated by a set of one or more digitals or digital options by determining one or more parameters of the digitals or digital options in the replication set as a function of one or more parameters of the derivatives strategy.

公开(公告)号：US08126794B2

公开(公告)日：2012-02-28

申请号：US10365033

申请日：2003-02-11

申请人： Jeffrey Lange ,  Kenneth Charles Baron ,  Charles Walden ,  Marcus Harte

发明人： Jeffrey Lange ,  Kenneth Charles Baron ,  Charles Walden ,  Marcus Harte

IPC分类号： G06Q40/00

CPC分类号： G06Q30/08 ,  G06Q40/04 ,  G06Q40/06 ,  G07F7/10 ,  H01L21/28061 ,  H01L29/4941

摘要： Methods and systems for trading and replicating contingent claims, such as derivatives strategies, in a demand-based auction are described. In one embodiment, a set of demand-based claims, each of which can be a vanilla option or a digital option, approximate or replicate the contingent claim into a vanilla replicating basis or a digital replicating basis, and the order for the contingent claim is then evaluated or processed in the demand-based auction. In another embodiment, a plurality of strikes and a plurality of replicating claims are established for a demand-based auction on an event, one or more replicating claims striking at each of the strikes in the auction. A contingent claim, such as a derivatives strategy, is replicated with a replication set that includes one or more of the replicating claims in the auction. The equilibrium price and/or the payout for the derivatives strategy is determined as a function of the demand-based valuation of each of the replicating claims in the replication set. For a customer order requesting a number of a certain derivatives strategy in the demand-based auction and a limit price per derivatives strategy, the premium of the customer order is determined as a product of the equilibrium price for the derivatives strategy and a filled number of derivatives strategies for the order, each determined as a function of the demand-based valuation of each of the replicating claims in the demand-based auction.

摘要翻译： 描述了在基于需求的拍卖中交易和复制或有债权的方法和系统，如衍生品策略。 在一个实施例中，一组基于需求的权利要求，每个权利要求可以是香草选项或数字期权，将或有权利要求近似或复制到香草复制或数字复制的基础上，并且或有索赔的顺序是 然后在基于需求的拍卖中进行评估或处理。 在另一个实施例中，针对事件的基于需求的拍卖建立了多个打击和多个重复的权利要求，一个或多个复制索赔在拍卖中的每个罢工处触碰。 诸如衍生品策略的或有权利要求被复制，其中包括拍卖中的一个或多个复制权利要求的复制集。 衍生品策略的均衡价格和/或支付是根据复制集中每个复制权利要求的基于需求的估值确定的。 对于在基于需求的拍卖中请求多个某种衍生品策略的客户订单和每个衍生品策略的限价，客户订单的溢价被确定为衍生品策略的均衡价格的乘积和 订单的衍生品策略，每个确定为基于需求的拍卖中每个复制索赔的基于需求的估值的函数。

公开(公告)号：US07775739B1

公开(公告)日：2010-08-17

申请号：US11855875

申请日：2007-09-14

申请人： Jeffrey Lange

发明人： Jeffrey Lange

IPC分类号： E01C5/16

CPC分类号： E01C9/08 ,  E01C9/00

摘要： A method for shaking vehicles comprises driving them over a series of appropriately spaced-apart, mutually parallel bars to vigorously shake the wheels, undercarriage, and body to free them of dirt, gravel and debris. An apparatus may have bars with the appropriate spacing. A track may include a frame and the spaced-apart bars may form part of the frame. The track may be large enough to accommodate all the wheels of a vehicle at once. Alternatively, smaller tracks may be flexibly connected end-to-end to form a shaker that will receive right and left hand wheels of the vehicle on respective rows. The shaker may be deployed onto a bed of aggregate that is sufficiently coarse to allow the fallen dirt to sift or be washed through the bed of aggregate. The aggregate may also assist in holding the shaker in place and may provide ramps at the ends of the shaker.

摘要翻译： 摇动车辆的方法包括将它们驱动在一系列适当间隔开的相互平行的杆上，以剧烈摇动车轮，起落架和车身以释放它们的污垢，砾石和碎屑。 设备可以具有适当间隔的条。 轨道可以包括框架，并且间隔开的杆可以形成框架的一部分。 轨道可能足够大，以便一次容纳车辆的所有车轮。 或者，较小的轨道可以端对端地柔性地连接以形成将在相应行上接收车辆的左手轮和左手轮的振动器。 振荡器可以部署在足够粗的骨料床上，以允许掉落的污垢筛选或通过聚集体床洗涤。 聚集体还可以帮助将振动器保持在适当位置并且可以在振动器的两端提供坡道。

公开(公告)号：US07742972B2

公开(公告)日：2010-06-22

申请号：US10640656

申请日：2003-08-13

申请人： Jeffrey Lange ,  Kenneth Charles Baron ,  Charles Walden ,  Marcus Harte

发明人： Jeffrey Lange ,  Kenneth Charles Baron ,  Charles Walden ,  Marcus Harte

IPC分类号： G06Q40/00 ,  A63F9/24 ,  A63F13/00 ,  G06F17/00 ,  G06F19/00

CPC分类号： G07F17/3288 ,  G06Q40/04 ,  G07F7/10 ,  G07F17/32 ,  G07F17/329 ,  H01L21/28061 ,  H01L29/4941

摘要： Methods and systems for engaging in enhanced parimutuel wagering and gaming. In one embodiment, different types of bets can be offered and processed in the same betting pool on an underlying event, such as a horse or dog race, a sporting event or a lottery, and the premiums and payouts of these different types of bets can be determined in the same betting pool, by configuring an equivalent combination of fundamental bets for each type of bet, and performing a demand-based valuation of each of the fundamental bets in the equivalent combination. In another embodiment, bettors can place bets in the betting pool with limit odds on the selected outcome of the underlying event. The bets with limit odds are not filled in whole or in part, unless the final odds on the selected outcome of the underlying event are equal to or greater than the limit odds.

摘要翻译： 从事增强对等游戏和游戏的方法和系统。 在一个实施例中，可以在基础事件（例如马或狗种族，体育赛事或彩票）的相同投注池中提供和处理不同类型的投注，并且这些不同类型的投注的保费和支付可以 通过为每种类型的赌注配置基本投注的等价组合，并以等效组合对每个基本投注进行基于需求的估值，在同一投注池中确定。 在另一个实施例中，投注者可以在下一个投注池中对底层事件的所选结果具有极限赔率。 具有限制赔率的投注不会全部或部分填充，除非潜在事件的选定结果的最终赔率等于或大于限制赔率。

公开(公告)号：US07389262B1

公开(公告)日：2008-06-17

申请号：US09744816

申请日：2000-07-18

申请人： Jeffrey Lange

发明人： Jeffrey Lange

IPC分类号： G06Q40/00

CPC分类号： G06Q40/04 ,  G06Q40/00 ,  G06Q40/025 ,  G06Q40/06

摘要： This invention provides methods and systems for trading and investing in groups of demand-based adjustable-return contingent claims, and for establishing markets and exchanges for such claims. (FIG. 2, item 262, 263, 264, 265) The advantages of the present invention, as applied to the derivative securities and similar financial markets, include increased liquidity, reduced credit risk, improved information aggregation, increased price transparency, reduced settlement or clearing costs, reduced hedging costs, reduced model risk, reduced event risk, increased liquidity incentives, improved self-consistency, reduced influence by market makers, and increased ability to generate and replicate arbitrary payout distributions. In addition to the trading of derivative securities, the present invention also facilitates the trading of other financial-related contingent claims; non-financial-related contingent claims such as energy, commodity, and weather derivatives; traditional insurance and reinsurance contracts; and contingent claims relating to events which have generally not been readily insurable or hedgeable such as corporate earnings announcements, future semiconductor demand, and changes in technology.

摘要翻译： 本发明提供了用于交易和投资基于需求的可回归或有债权的方法和系统，以及为这些索赔建立市场和交易所。 （图2，项目262,263,264,265）本发明适用于衍生证券和类似金融市场的优点包括流动性增加，信用风险降低，信息聚合改善，价格透明度提高，结算降低 或清算成本，降低套期保值成本，降低风险模型，减少事件风险，增加流动性激励措施，提高自身一致性，降低市场影响力，增加产生和复制任意支付分配的能力。 除衍生证券交易外，本发明还有利于其他与金融有关的或有债权的交易; 与金融有关的或有债权，如能源，商品和天气衍生产品; 传统保险和再保险合同; 以及与一般不易保证或可以对冲的事件相关的或有债权，例如企业盈利公告，未来半导体需求和技术变化。

公开(公告)号：US06321212B1

公开(公告)日：2001-11-20

申请号：US09448822

申请日：1999-11-24

申请人： Jeffrey Lange

发明人： Jeffrey Lange

IPC分类号： G06F1760

CPC分类号： G06Q40/02 ,  G06Q40/00 ,  G06Q40/025 ,  G06Q40/06 ,  G07F7/10

摘要： This invention provides methods and systems for trading and investing in groups of demand-based adjustable-return contingent claims, and for establishing markets and exchanges for such claims. The advantages of the present invention, as applied to the derivative securities and similar financial markets, include increased liquidity, reduced credit risk, improved information aggregation, increased price transparency, reduced settlement or clearing costs, reduced hedging costs, reduced model risk, reduced event risk, increased liquidity incentives, improved self-consistency, reduced influence by market makers, and increased ability to generate and replicate arbitrary payout distributions, In addition to the trading of derivative securities, the present invention also facilitates the trading of other financial-related contingent claims; non-financial-related contingent claims such as energy, commodity, and weather derivatives; traditional insurance and reinsurance contracts; and contingent claims relating to events which have generally not been readily insurable or hedgeable such as corporate earnings announcements, future semiconductor demand, and changes in technology. A preferred embodiment of a method of the present invention includes the steps of (a) establishing a plurality of defined states and a plurality of predetermined termination criteria, wherein each of the defined states corresponds to at least one possible outcome of an event of economic significance; (b) accepting investments of value units by a plurality of traders in the defined states, and (c) allocating a payout to each investment upon the fulfillment of predetermined termination criteria.

摘要翻译： 本发明提供了用于交易和投资基于需求的可回归或有债权的方法和系统，以及为这些索赔建立市场和交易所。 适用于衍生证券和类似金融市场的本发明的优点包括流动性增加，信用风险降低，信息聚合改善，价格透明度提高，结算或结算成本降低，套期保值成本降低，模型风险降低，减少事件 风险增加，流动性激励增加，自主一致性下降，制造商影响力下降，增加产生和复制任意支付分配的能力。除衍生证券交易外，本发明还有助于其他金融相关部门的交易 索赔; 与金融有关的或有债权，如能源，商品和天气衍生产品; 传统保险和再保险合同; 以及与一般不易保证或可以对冲的事件相关的或有债权，例如企业盈利公告，未来半导体需求和技术变化。 本发明的方法的优选实施例包括以下步骤：（a）建立多个定义的状态和多个预定的终止标准，其中每个定义的状态对应于具有经济意义的事件的至少一个可能的结果 ; （b）在定义的状态下接受多个交易者的价值单位的投资，（c）在实现预定终止标准时，为每笔投资分配支出。

公开(公告)号：US08489484B2

公开(公告)日：2013-07-16

申请号：US12287312

申请日：2008-10-08

申请人： Jeffrey Lange ,  Jeffrey Lewis

发明人： Jeffrey Lange ,  Jeffrey Lewis

IPC分类号： G06Q40/00

CPC分类号： G06Q40/02 ,  G06Q40/025

摘要： Methods for providing remainder interests with protection to a seller and mitigation of the potential consequences suffered by related financial instruments. The protected remainder interest financial instrument includes submitting a seller to underwriting to accurately determine the seller's remaining life expectancy, and purchasing the protected remainder interest of an illiquid asset from the seller leaving the seller with a life estate. The method includes a client system for displaying information related to the transaction and inputting information related to the seller, illiquid asset, and the buyer. The client system is used to create a request to create the protected remainder interest. A server system accepts the request, stores the information in memory, and creates the protected remainder interest. The server system includes software for linking seller and buyers of protected remainder interests, which include terms of the protected remainder interest such as contingent sale or contingent purchase schedules.

公开(公告)号：US08275695B2

公开(公告)日：2012-09-25

申请号：US12660400

申请日：2010-02-24

申请人： Jeffrey Lange ,  Kenneth Charles Baron ,  Charles Walden ,  Marcus Harte

发明人： Jeffrey Lange ,  Kenneth Charles Baron ,  Charles Walden ,  Marcus Harte

IPC分类号： G06Q40/00 ,  A63F9/24 ,  A63F13/00 ,  G06F17/00 ,  G06F19/00

CPC分类号： G07F17/3288 ,  G06Q40/04 ,  G07F7/10 ,  G07F17/32 ,  G07F17/329 ,  H01L21/28061 ,  H01L29/4941

摘要： Methods and systems for engaging in enhanced parimutuel wagering and gaming. In one embodiment, different types of bets can be offered and processed in the same betting pool on an underlying event, such as a horse or dog race, a sporting event or a lottery, and the premiums and payouts of these different types of bets can be determined in the same betting pool, by configuring an equivalent combination of fundamental bets for each type of bet, and performing a demand-based valuation of each of the fundamental bets in the equivalent combination. In another embodiment, bettors can place bets in the betting pool with limit odds on the selected outcome of the underlying event. The bets with limit odds are not filled in whole or in part, unless the final odds on the selected outcome of the underlying event are equal to or greater than the limit odds.

摘要翻译： 从事增强对等游戏和游戏的方法和系统。 在一个实施例中，可以在基础事件（例如马或狗种族，体育赛事或彩票）的相同投注池中提供和处理不同类型的投注，并且这些不同类型的投注的保费和支付可以 通过为每种类型的赌注配置基本投注的等价组合，并以等效组合对每个基本投注进行基于需求的估值，在同一投注池中确定。 在另一个实施例中，投注者可以在下一个投注池中对底层事件的所选结果具有极限赔率。 具有限制赔率的投注不会全部或部分填充，除非潜在事件的选定结果的最终赔率等于或大于限制赔率。