BGC Partners, Inc.
SYSTEM AND METHOD FOR OFFERING A FUTURES CONTRACT INDEXED TO ENTERTAINMENT REVENUE
Last updated:
Abstract:
A method of trading includes performing a transaction of a futures contract between a buyer and a seller. The futures contract is associated with at least one entertainment event and comprises a purchase price and a settlement date. The method concludes by performing a settlement of the futures contract based at least in part upon the purchase price and a value associated with the entertainment event at the settlement date. The entertainment event is associated with a security and the transaction of the futures contract is performed in conjunction with the issuance of the security to the seller.
Status:
Application
Type:
Utility
Filling date:
1 May 2020
Issue date:
13 Aug 2020