Patents by Inventor Kenneth Kiron

Kenneth Kiron 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).

  • Publication number: 20130124378
    Abstract: A computer implemented system is provided for administering and exchanging shares in an exchange traded product.
    Type: Application
    Filed: June 15, 2012
    Publication date: May 16, 2013
    Applicant: Leveraged Innovations LLC
    Inventors: Kenneth Kiron, Kevin S. Bander
  • Publication number: 20130046673
    Abstract: An investable product is designed, created and managed comprising a number of shares outstanding subject to a mandatory stock split or reverse stock split at the close of every trading period. An account comprising the investor share balance is configured to display on a daily basis the original share balance owned through the calculation of a factor. The product comprises an adjustable stop loss feature that provides investors with the opportunity to automatically reinvest their capital if they are stopped out. When the shares are held for one day or longer, a leveraged return is obtainable with no price path dependency or leverage drift.
    Type: Application
    Filed: August 15, 2012
    Publication date: February 21, 2013
    Applicant: Edgeshares LLC
    Inventor: Kenneth Kiron
  • Patent number: 8204815
    Abstract: A computer implemented system is provided for exchanging shares in an exchange traded product. A display is provided for displaying data representing shares of an exchange traded product comprising a leveraged portfolio of securities satisfying capitalization and performance criteria, the securities within the portfolio being weighted and having an expected future performance return greater than securities comprising a benchmark. The leveraged exchange traded product is configured for trading shares of the leveraged exchange traded product at a real time determined price related to the underlying price of each of the selected securities comprising the leveraged exchange traded product and related to the respective weightings of the selected securities. The exchange traded product can be open ended.
    Type: Grant
    Filed: March 28, 2011
    Date of Patent: June 19, 2012
    Assignee: Leveraged Innovations, LLC
    Inventors: Kenneth Kiron, Kevin S. Bander
  • Publication number: 20110191234
    Abstract: A system and process is disclosed for providing a financial product having a return correlated to a benchmark with a reduced tracking error over time.
    Type: Application
    Filed: February 2, 2011
    Publication date: August 4, 2011
    Inventor: Kenneth Kiron
  • Publication number: 20110178955
    Abstract: A computer implemented system is provided for exchanging shares in an exchange traded product. A display is provided for displaying data representing shares of an exchange traded product comprising a leveraged portfolio of securities satisfying capitalization and performance criteria, the securities within the portfolio being weighted and having an expected future performance return greater than securities comprising a benchmark. The leveraged exchange traded product is configured for trading shares of the leveraged exchange traded product at a real time determined price related to the underlying price of each of the selected securities comprising the leveraged exchange traded product and related to the respective weightings of the selected securities. The exchange traded product can be open ended.
    Type: Application
    Filed: March 28, 2011
    Publication date: July 21, 2011
    Applicant: Leveraged Innovations LLC
    Inventors: Kenneth Kiron, Kevin S. Bander
  • Patent number: 7917422
    Abstract: A computer implemented system is provided for exchanging shares in an exchange traded product. A display is provided for displaying data representing shares of an exchange traded product comprising a leveraged portfolio of securities satisfying capitalization and performance criteria, the securities within the portfolio being weighted and having an expected future performance return greater than securities comprising a benchmark. The leveraged exchange traded product is configured for trading shares of the leveraged exchange traded product at a real time determined price related to the underlying price of each of the selected securities comprising the leveraged exchange traded product and related to the respective weightings of the selected securities. The exchange traded product can be open ended.
    Type: Grant
    Filed: December 31, 2009
    Date of Patent: March 29, 2011
    Assignee: Leveraged Innovations LLC
    Inventors: Kenneth Kiron, Kevin S. Bander
  • Publication number: 20100114797
    Abstract: A computer implemented system is provided for exchanging shares in an exchange traded product. A display is provided for displaying data representing shares of an exchange traded product comprising a leveraged portfolio of securities satisfying capitalization and performance criteria, the securities within the portfolio being weighted and having an expected future performance return greater than securities comprising a benchmark. The leveraged exchange traded product is configured for trading shares of the leveraged exchange traded product at a real time determined price related to the underlying price of each of the selected securities comprising the leveraged exchange traded product and related to the respective weightings of the selected securities. The exchange traded product can be open ended.
    Type: Application
    Filed: December 31, 2009
    Publication date: May 6, 2010
    Applicant: Kenneth Kiron
    Inventors: Kenneth Kiron, Kevin S. Bander
  • Patent number: 7698192
    Abstract: A mutual fund securitization process permitting the trading of open end mutual funds and linked derivative securities on or off the floor of a National Securities Exchange. The targeted individual open end mutual fund or group of open end mutual funds, selected through a screening process is securitized through the creation of a new, separate security. This new security is preferably a “closed end fund of funds” and linked derivative securities, which synthetically replicate the statistical relationship of the defined individual or group of open end mutual funds. The maintenance of financial records for the new security is maintained by electronically storing dividend, capital gains and income received from the open end funds which have been invested in, and calculating pro-forma financial statements to disseminate to shareholders and all relevant parties.
    Type: Grant
    Filed: April 20, 2001
    Date of Patent: April 13, 2010
    Inventors: Kenneth Kiron, Kevin S. Bander
  • Publication number: 20030074293
    Abstract: A mutual fund securitization process permitting the trading of open end mutual funds and linked derivative securities on or off the floor of a National securities Exchange. The targeted individual open end mutual fund or group of open end mutual funds, selected through a screening process is securitized through the creation of a new, separate security. This new security is preferably a “closed end fund of funds” and linked derivative securities, which synthetically replicate the statistical relationship of the defined individual or group of open end mutual funds. The maintenance of financial records for the new security is maintained by electronically storing dividend, capital gains and income received from the open end funds which have been invested in, and calculating pro-forma financial statements to disseminate to shareholders and all relevant parties.
    Type: Application
    Filed: May 26, 2000
    Publication date: April 17, 2003
    Inventors: Kenneth Kiron, Kevin S. Bander
  • Publication number: 20030009404
    Abstract: A mutual fund securitization process permitting the trading of open end mutual funds and linked derivative securities on or off the floor of a National Securities Exchange. The targeted individual open end mutual fund or group of open end mutual funds, selected through a screening process is securitized through the creation of a new, separate security. This new security is preferably a "closed end fund of funds" and linked derivative securities, which synthetically replicate the statistical relationship of the defined individual or group of open end mutual funds. The maintenance of financial records for the new security is maintained by electronically storing dividend, capital gains and income received from the open end funds which have been invested in, and calculating pro-forma financial statements to disseminate to shareholders and all relevant parties.
    Type: Application
    Filed: April 18, 2001
    Publication date: January 9, 2003
    Applicant: Mopex, Inc.
    Inventors: Kenneth Kiron , Kevin Bander
  • Publication number: 20030009400
    Abstract: A mutual fund securitization process permitting the trading of open end mutual funds and linked derivative securities on or off the floor of a National Securities Exchange. The targeted individual open end mutual fund or group of open end mutual funds, selected through a screening process is securitized through the creation of a new, separate security. This new security is preferably a "closed end fund of funds" and linked derivative securities, which synthetically replicate the statistical relationship of the defined individual or group of open end mutual funds. The maintenance of financial records for the new security is maintained by electronically storing dividend, capital gains and income received from the open end funds which have been invested in, and calculating pro-forma financial statements to disseminate to shareholders and all relevant parties.
    Type: Application
    Filed: April 23, 2001
    Publication date: January 9, 2003
    Inventors: Kenneth Kiron , Kevin Bander
  • Publication number: 20030009405
    Abstract: A mutual fund securitization process permitting the trading of open end mutual funds and linked derivative securities on or off the floor of a National Securities Exchange. The targeted individual open end mutual fund or group of open end mutual funds, selected through a screening process is securitized through the creation of a new, separate security. This new security is preferably a "closed end fund of funds" and linked derivative securities, which synthetically replicate the statistical relationship of the defined individual or group of open end mutual funds. The maintenance of financial records for the new security is maintained by electronically storing dividend, capital gains and income received from the open end funds which have been invested in, and calculating pro-forma financial statements to disseminate to shareholders and all relevant parties.
    Type: Application
    Filed: April 20, 2001
    Publication date: January 9, 2003
    Applicant: Mopex, Inc.
    Inventors: Kenneth Kiron , Kevin Bander
  • Publication number: 20030004851
    Abstract: A mutual fund securitization process permitting the trading of open end mutual funds and linked derivative securities on or off the floor of a National Securities Exchange. The targeted individual open end mutual fund or group of open end mutual funds, selected through a screening process is securitized through the creation of a new, separate security. This new security is preferably a "closed end fund of funds" and linked derivative securities, which synthetically replicate the statistical relationship of the defined individual or group of open end mutual funds. The maintenance of financial records for the new security is maintained by electronically storing dividend, capital gains and income received from the open end funds which have been invested in, and calculating pro-forma financial statements to disseminate to shareholders and all relevant parties.
    Type: Application
    Filed: April 24, 2001
    Publication date: January 2, 2003
    Inventors: Kenneth Kiron , Kevin S. Bander
  • Publication number: 20020143676
    Abstract: A mutual fund securitization process permitting the trading of open end mutual funds and linked derivative securities on or off the floor of a National Securities Exchange. The targeted individual open end mutual fund or group of open end mutual funds, selected through a screening process is securitized through the creation of a new, separate security. This new security is preferably a “closed end fund of funds” and linked derivative securities, which synthetically replicate the statistical relationship of the defined individual or group of open end mutual funds. The maintenance of financial records for the new security is maintained by electronically storing dividend, capital gains and income received from the open end funds which have been invested in, and calculating pro-forma financial statements to disseminate to shareholders and all relevant parties.
    Type: Application
    Filed: April 23, 2001
    Publication date: October 3, 2002
    Inventors: Kenneth Kiron, Kevin S. Bander
  • Publication number: 20020128951
    Abstract: A mutual fund securitization process permitting the trading of open end mutual funds and linked derivative securities on or off the floor of a National Securities Exchange. The targeted individual open end mutual fund or group of open end mutual funds, selected through a screening process is securitized through the creation of a new, separate security. This new security is preferably a “closed end fund of funds” and linked derivative securities, which synthetically replicate the statistical relationship of the defined individual or group of open end mutual funds. The maintenance of financial records for the new security is maintained by electronically storing dividend, capital gains and income received from the open end funds which have been invested in, and calculating pro-forma financial statements to disseminate to shareholders and all relevant parties.
    Type: Application
    Filed: April 24, 2001
    Publication date: September 12, 2002
    Inventors: Kenneth Kiron, Kevin S. Bander
  • Publication number: 20020023035
    Abstract: A mutual fund securitization process permitting the trading of open end mutual funds and linked derivative securities on or off the floor of a National Securities Exchange. The targeted individual open end mutual fund or group of open end mutual funds, selected through a screening process is securitized through the creation of a new, separate security. This new security is preferably a “closed end fund of funds” and linked derivative securities, which synthetically replicate the statistical relationship of the defined individual or group of open end mutual funds. The maintenance of financial records for the new security is maintained by electronically storing dividend, capital gains and income received from the open end funds which have been invested in, and calculating pro-forma financial statements to disseminate to shareholders and all relevant parties.
    Type: Application
    Filed: April 18, 2001
    Publication date: February 21, 2002
    Inventors: Kenneth Kiron, Kevin S. Bander
  • Publication number: 20020013755
    Abstract: A mutual fund securitization process permitting the trading of open end mutual funds and linked derivative securities on or off the floor of a National Securities Exchange. The targeted individual open end mutual fund or group of open end mutual funds, selected through a screening process is securitized through the creation of a new, separate security. This new security is preferably a “closed end fund of funds” and linked derivative securities, which synthetically replicate the statistical relationship of the defined individual or group of open end mutual funds. The maintenance of financial records for the new security is maintained by electronically storing dividend, capital gains and income received from the open end funds which have been invested in, and calculating pro-forma financial statements to disseminate to shareholders and all relevant parties.
    Type: Application
    Filed: April 20, 2001
    Publication date: January 31, 2002
    Inventors: Kenneth Kiron, Kevin S. Bander
  • Patent number: 6088685
    Abstract: A mutual fund securitization process permitting the trading of open end mutual funds and linked derivative securities on or off the floor of a National Securities Exchange. The targeted individual open end mutual fund or group of open end mutual funds, selected through a screening process is securitized through the creation of a new, separate security. This new security is preferably a "closed end fund of funds" and linked derivative securities, which synthetically replicate the statistical relationship of the defined individual or group of open end mutual funds. The maintenance of financial records for the new security is maintained by electronically storing dividend, capital gains and income received from the open end funds which have been invested in, and calculating pro-forma financial statements to disseminate to shareholders and all relevant parties.
    Type: Grant
    Filed: August 27, 1998
    Date of Patent: July 11, 2000
    Assignee: Mopex, Inc.
    Inventors: Kenneth Kiron, Kevin S. Bander
  • Patent number: 5806048
    Abstract: A mutual fund securitization process permitting the trading of open end mutual funds and linked derivative securities on or off the floor of a National Securities Exchange. The targeted individual open end mutual fund or group of open end mutual funds, selected through a screening process is securitized through the creation of a new, separate security. This new security is preferably a "closed end fund of funds" and linked derivative securities, which synthetically replicate the statistical relationship of the defined individual or group of open end mutual funds. The maintenance of financial records for the new security is maintained by electronically storing dividend, capital gains and income received from the open end funds which have been invested in, and calculating pro-forma financial statements to disseminate to shareholders and all relevant parties.
    Type: Grant
    Filed: October 12, 1995
    Date of Patent: September 8, 1998
    Assignee: Mopex, Inc.
    Inventors: Kenneth Kiron, Kevin S. Bander