US Patent:
20070288341, Dec 13, 2007
Inventors:
Andrew Shapack - Franklin MI, US
International Classification:
G06Q 40/00
Abstract:
A method for creating, marketing and selling financial instruments derived from diversified pools of raw land parcels and a financial index that weighs statistical indicators related to land value. These securities will be tradable, on an exchange or over the counter, in a secondary market using the current financial infrastructure of investment banks, brokers, dealers, market specialists and retail customers. The market prices of these securities may be determined by: (1) the composite index customized from existing benchmarks, leading market indicators and government data providers; and/or (2) supply and demand.