US Patent:
20100191671, Jul 29, 2010
Inventors:
Peter E. Coleman - Garden City NY, US
Peter J. DeGroot - Oceanside NY, US
Richard Scott Lohan - Cold Spring Harbor NY, US
James Vergara - New York NY, US
Jonathan Debrich - Woodside NY, US
Akshay Locharla Murthy - New York NY, US
Daniel Singer - New York NY, US
Assignee:
Barclays Capital Inc. - New York NY
International Classification:
G06Q 40/00
Abstract:
In at least one aspect the invention comprises a computer-implemented method comprising: (a) electronically receiving data regarding characteristics of a plurality of tax exempt municipal bonds; (b) electronically receiving data describing a plurality of rules for inclusion of the tax exempt municipal bonds in a municipal bond index; (c) constructing a municipal bond index by applying the rules to characteristics of the plurality of tax exempt municipal bonds; and (d) quoting a municipal swap having a reference index, wherein the reference index is the municipal bond index. Other aspects comprise related computer systems and apparatuses, as well as various embodiments.