Patents by Inventor John L. Jacobs

John L. Jacobs has filed for patents to protect the following inventions. This listing includes patent applications that are pending as well as patents that have already been granted by the United States Patent and Trademark Office (USPTO).

  • Arbitrage of tracking securities
    Patent number: 7249086
    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.
    Type: Grant
    Filed: January 11, 2001
    Date of Patent: July 24, 2007
    Assignee: The Nasdaq Stock Market, Inc.
    Inventors: Steven M. Bloom, Michael S. Spector, John L. Jacobs
  • Balancing arbitragable tracking securities
    Publication number: 20030093350
    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.
    Type: Application
    Filed: February 15, 2002
    Publication date: May 15, 2003
    Inventors: Steven M. Bloom, Michael S. Spector, John L. Jacobs
  • Balancing arbitragable tracking securities
    Publication number: 20030093349
    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.
    Type: Application
    Filed: November 14, 2001
    Publication date: May 15, 2003
    Inventors: Steven M. Bloom, Michael S. Spector, John L. Jacobs
  • Arbitrage of tracking securities
    Publication number: 20020091616
    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.
    Type: Application
    Filed: January 11, 2001
    Publication date: July 11, 2002
    Inventors: Steven M. Bloom, Michael S. Spector, John L. Jacobs