US Patent No. 11,030,845

SYSTEM AND METHOD FOR WAGERING BASED ON THE MOVEMENT OF FINANCIAL MARKETS


Patent No. 11,030,845
Issue Date June 08, 2021
Title System And Method For Wagering Based On The Movement Of Financial Markets
Inventorship Lee M. Amaitis, Palm Beach Gardens, FL (US)
Joseph M. Asher, Las Vegas, NV (US)
Assignee CANTOR INDEX LLC, New York, NY (US)

Claim of US Patent No. 11,030,845

1. A method comprising:receiving, via an electronic communications network, by at least one computer processor, an electronic message comprising data indicative of a bet comprising a first component and a second component, the first component indicating a first wager on a value of a first financial market indicator after a first period of time expires and a second component indicating a second wager on a value of a second financial market indicator after a second period of time expires;
rendering, by the at least one computer processor, a color-coded graphical representation of the first financial market indicator and the second financial market indicator on a display device;
generating, by the at least one computer processor, an association in a memory between the first financial market indicator and a first financial instrument number and the second financial market indicator and a second financial instrument number;
monitoring, by the at least one computer processor, real-time updates of the first financial market indicator and the second financial market indicator;
rendering, by the at least one processor, the real-time updates using the color-coded graphical representations on the display device;
broadcasting, by the at least one processor, indicia indicating a value of at least one of the first financial market indicator and the second financial market indicator;
receiving, by the at least one computer processor, an electronic instruction comprising a request to transfer the bet; and
responsive to the request, transferring, by the at least one processor, the data indicative of the bet from a first electronically stored account to a second electronically stored account.