Abstract: A data processing system for supporting a new financial instrument known as a Put Ratio Equity Protection ("PREP") used in closed end funds. The data processing system provides computer means for brokers and fund managers to effectuate all transactions pertaining to PREPs and the creation of PREP certificates.

Abstract: A data processing system for processing the voting of partial stock interests via equity components comprising computer means for calculating and storing component factors for equity component interests and vote component factors corresponding to each of said component factors, wherein each said vote component factor is indicative of the right to receive a partial vote attributed to each of said equity component factors, wherein said equity component factors are at least two of: (i) a component interest indicative of the right to receive a partial share of stock equal in value to a stipulated price or a fall share of stock of the company on a predetermined future date, whichever is the lesser value; (ii) a component interest indicative of the right to receive a partial share of stock equal in value to the appreciation, if any, of the share of stock above the stipulated price on the predetermined date; and (iii) a component interest indicative of the right to receive substitute payments equal in amount to divi

Abstract: A data processing system for processing the voting of partial stock interests via equity and options, comprising computer means for determining and storing component factors for equity and for calculating and storing component factors for options and vote component factors corresponding to each of said component factors for options, wherein each said vote component factor is indicative of the right to receive a partial vote attributed to each of said component factors for options, wherein said component factors for options are at least two of: (i) a component interest indicative of the right to receive a partial share of stock equal in value to a stipulated price or a full share of stock of the company on a predetermined future date, whichever is the lesser value; (ii) a component interest indicative of the right to receive a partial share of stock equal in value to the appreciation, if any, of the share of stock above the stipulated price on the predetemined date; (iii) a component interest indicative of the

Abstract: A stock certificate having a planar body with indicia thereon denoting the body as a single stock certificate. The body has two portions; the first corresponds to a first type of interest in the stock and has indicia thereon denoting the first type of interest; and the second corresponds to a second type of interest in the stock and has indicia thereon denoting the second type of interest. The body is capable of bipartition into separated first and second portions to enable the separated first portion to signify on its face that the holder has only the first interest in the stock, the separated second portion to signify on its face that the holder has only the second interest in the stock, and the unseparated body to signify on its face that the holder has both interests in the stock.