ALEXANDRIA, Va., March 3 -- United States Patent no. 12,567,114, issued on March 3, was assigned to CFPH LLC (New York).
"Reverse convertible financial instrument" was invented by Howard W. Lutnick (New York) and Jonathan Rein (New York).
According to the abstract* released by the U.S. Patent & Trademark Office: "Methods and systems are provided herewith for providing a financial instrument. In some embodiments, a processor may receive one or more performance parameters for determining a performance of an asset at one or more future times are received from one or more parties. The processor may receive a request to generate indicia of a financial instrument. The financial instrument may comprise a funding instrument that specifies rights ...