CONTINGENT RIGHTS RELATING TO A WEATHER PHENOMENON
The present invention relates to an integrated rights marketplace providing an interface that includes a forward market domain. The marketplace may enable the creation a contingent right to an event, wherein the contingency is the occurrence of a weather phenomenon, and enable users of the interface to transact the contingent right.
1 . A method comprising:
providing an interface that includes a forward market domain;
creating a contingent right to an event, wherein the contingency is the occurrence of a weather phenomenon; and
enabling users of the interface to transact the contingent right.
2 . A method comprising:
providing an interface that includes a forward market domain;
creating a contingent right to a consumer good, wherein the contingency is the occurrence or non-occurrence of a weather phenomenon; and
enabling users of the interface to transact the contingent right.
3 . A method comprising:
providing an interface that includes a forward market domain;
creating a contingent right to a service, wherein the contingency is the occurrence of a weather phenomenon; and
enabling users of the interface to transact the contingent right.