Abstract: A financial instrument, called a fractional forward contract, and a way of using it to apportion risk between parties (100 and 170) contracting to buy (160) and sell (110) a commodity at a future date by providing for parties (100 and 170) to buy (160) and sell (110) a specified fraction of a commodity that the supplier (100) has in his inventory on a specific date, rather than a specified quantity.

Abstract: The present application relates to systems and methods related to by-catch quota. In some embodiments, systems and/or methods relates to distributing, allocating, and/or transferring the quota amongst, for example fishermen. Computer systems may be used to transfer and/or distribute the quota amongst interested parties.

Abstract: A fractional forward contract provides a financial instrument for managing trading of commodities that have variable and unpredictable availability at future dates by apportioning risk between parties (100, 170) by providing for parties (100, 170) to buy and sell a specified fraction of a commodity that the supplier (100) has in his inventory on a specific date, rather than a specified quantity. Trading is managed by a trading exchange or clearinghouse (130) via a computer network (120). The fractional forward contract provides a method for managing a market for a perishable commodity harvested from the wild by establishing a total allowable quantity of the perishable commodity that can be harvested over a pre-determined time period, permitting the harvester to contract for sale of some fraction of the actual harvest at a guaranteed price at a future date.