System for trading based on tournament-style events

Details System for trading based on tournament-style events System for trading based on tournament-style events

G - Physics

06

Q

G06Q 40/00 (2006.01)

Patent

CA 2585221

A system for trading a plurality of derivative financial instruments comprises a processor operable to receive a first order to buy a derivative financial instrument that represents a contestant in a contest. The processor is further operable to receive a second order to sell the derivative financial instrument. The processor is further operable to determine a market price based at least in part on the first order and the second order. The processor is further operable to execute a trade at the determined market price. The system further comprises a memory operable to store the first order and/or the second order.

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