Steven Living Bloom

US Patent:

7249086, Jul 24, 2007

Filed:

Jan 11, 2001

Appl. No.:

09/758967

Inventors:

Steven M. Bloom - Springfield NJ, US
Michael S. Spector - Washington DC, US
John L. Jacobs - Columbia MD, US

Assignee:

The Nasdaq Stock Market, Inc. - Rockville MD

International Classification:

G06Q 40/00

US Classification:

705 37, 705 35, 705 36, 705 38

Abstract:

A financial product is based on a first fund that is traded on a trading marketplace in a first country. The financial product is registered in the first country. The first fund has the characteristics of being based on an index of securities that are traded in a second, different country. The first fund is arbitragable with a second fund that is based on the index and which is registered in a second different country. The first fund has a creation unit basis that is substantially the same basis as a creation unit basis for the second fund. The calculation of the net asset value of the first fund occurs at essentially or exactly the same time that second country fund has its NAV calculated.

US Patent:

7680725, Mar 16, 2010

Filed:

Jul 20, 2007

Appl. No.:

11/780588

Inventors:

Steven M. Bloom - Springfield NJ, US
Michael S. Spector - Washington DC, US
John L. Jacobs - Columbia MD, US

Assignee:

The NASDAQ OMX Group, Inc. - Rockville MD

International Classification:

G06Q 40/00

US Classification:

705 37

Abstract:

A financial product is based on a first fund that is traded on a trading marketplace in a first country. The financial product is registered in the first country. The first fund has the characteristics of being based on an index of securities that are traded in a second, different country. The first fund is arbitragable with a second fund that is based on the index and which is registered in a second different country. The first fund has a creation unit basis that is substantially the same basis as a creation unit basis for the second fund. The calculation of the net asset value of the first fund occurs at essentially or exactly the same time that second country fund has its NAV calculated.

US Patent:

7747514, Jun 29, 2010

Filed:

Oct 27, 2006

Appl. No.:

11/553527

Inventors:

Steven M. Bloom - Springfield NJ, US

Assignee:

The Nasdaq OMX Group, Inc. - Rockville MD

International Classification:

G06Q 40/00

US Classification:

705 37, 705 35

Abstract:

A computer implemented method includes determining a value for a tradable index share that tracks performance of an index. The tradable index share is backed by a fractional interest in a creation unit that includes a long call index option contract and a short put index options contract. The long call index options contract and the short index put options contract have the same initial strike price and the same expiration date.

US Patent:

7778917, Aug 17, 2010

Filed:

Oct 27, 2006

Appl. No.:

11/553584

Inventors:

Steven M. Bloom - Springfield NJ, US

Assignee:

The NASDAQ OMX Group, Inc. - Rockville MD

International Classification:

G06Q 40/00

US Classification:

705 37, 705 35

Abstract:

Techniques are described for securitizing, administrating and trading various index shares securitized by derivative, cash-settled instruments on the underlying index. In some examples, the tradable index shares are backed by a fractional interest in a plurality of derivative financial instruments and an amount of cash about equal to a strike price for one of the plurality of financial instruments to secure the tradable index receipt.

US Patent:

7792737, Sep 7, 2010

Filed:

Oct 27, 2006

Appl. No.:

11/553521

Inventors:

Steven M. Bloom - Springfield NJ, US

Assignee:

The NASDAQ OMX Group, Inc. - Rockville MD

International Classification:

G06Q 40/00

US Classification:

705 37, 705 35

Abstract:

Techniques are described for securitizing, administrating and trading various index shares securitized by derivative, cash-settled instruments on the underlying index. In some aspects, a tradable index share is backed by a fractional interest in a creation unit. The creation unit includes a derivative financial instrument and an amount of cash that secure the tradable index receipt.

US Patent:

7809627, Oct 5, 2010

Filed:

Feb 15, 2002

Appl. No.:

10/077182

Inventors:

Steven M. Bloom - Springfield NJ, US
Michael S. Spector - Washington DC, US
John L Jacobs - Columbia MD, US

Assignee:

The Nasdaq OMX Group, Inc. - Rockville MD

International Classification:

G06Q 40/00

US Classification:

705 37

Abstract:

A financial product is based on a first fund that is traded on a trading marketplace in a first country. The financial product is registered in the first country. The first fund has the characteristics of being based on an index of securities that are traded in a second, different country. The first fund is arbitragable with a second fund that is based on the index and which is registered in a second different country. The first fund has a creation unit basis that is substantially the same basis as a creation unit basis for the second fund. The calculation of the net asset value of the first fund occurs at essentially or exactly the same time that second country fund has its NAV calculated. The agent for the first fund has the option of providing or accepting second fund shares or other securities, rather than cash, to cover “cash amount” obligations. Such obligations arise from the need to equate the value received or given for the first fund shares (e. g.

US Patent:

7813992, Oct 12, 2010

Filed:

Nov 14, 2001

Appl. No.:

10/001900

Inventors:

Steven M. Bloom - Springfield NJ, US
Michael S. Spector - Washington DC, US
John L. Jacobs - Columbia MD, US

Assignee:

The Nasdaq OMX Group, Inc. - Rockville MD

International Classification:

G06Q 40/00

US Classification:

705 37

Abstract:

A financial product is based on a first fund that is traded on a trading marketplace in a first country. The financial product is registered in the first country. The first fund has the characteristics of being based on an index of securities that are traded in a second, different country. The first fund is arbitragable with a second fund that is based on the index and which is registered in a second different country. The first fund has a creation unit basis that is substantially the same basis as a creation unit basis for the second fund. The calculation of the net asset value of the first fund occurs at essentially or exactly the same time that second country fund has its NAV calculated.

US Patent:

7827094, Nov 2, 2010

Filed:

Oct 27, 2006

Appl. No.:

11/553549

Inventors:

Steven M. Bloom - Springfield NJ, US

Assignee:

The Nasdaq OMX Group, Inc. - Rockville MD

International Classification:

G06Q 40/00

US Classification:

705 37, 705 35

Abstract:

Techniques are described for securitizing, administrating and trading various index shares securitized by derivative, cash-settled instruments on the underlying index.