US 12,320,654 B2
Financial swap index method and system on transportation capacity units and trading derivative products based thereon
Erik Mowery Simpson, Houston, TX (US)
Assigned to CIRCLESX LLC, Houston, TX (US)
Filed by Circlesx LLC, Houston, TX (US)
Filed on Oct. 28, 2022, as Appl. No. 17/976,738.
Application 17/976,738 is a continuation of application No. 16/556,838, filed on Aug. 30, 2019, granted, now 11,555,709.
Application 16/556,838 is a continuation in part of application No. 16/274,490, filed on Feb. 13, 2019, granted, now 11,215,466, issued on Jan. 4, 2022.
Application 16/556,838 is a continuation in part of application No. 16/258,658, filed on Jan. 27, 2019, granted, now 11,035,682, issued on Jun. 15, 2021.
Application 16/556,838 is a continuation in part of application No. 16/257,032, filed on Jan. 24, 2019, abandoned.
Application 16/556,838 is a continuation in part of application No. 16/242,981, filed on Jan. 8, 2019, abandoned.
Application 16/556,838 is a continuation in part of application No. 16/242,967, filed on Jan. 8, 2019.
Application 16/556,838 is a continuation in part of application No. 16/239,485, filed on Jan. 3, 2019.
Application 16/556,838 is a continuation in part of application No. 16/183,647, filed on Nov. 7, 2018, granted, now 11,861,527.
Application 16/556,838 is a continuation in part of application No. 16/167,525, filed on Oct. 22, 2018, granted, now 11,810,023.
Application 16/556,838 is a continuation in part of application No. 15/877,393, filed on Jan. 23, 2018.
Prior Publication US 2023/0045975 A1, Feb. 16, 2023
Int. Cl. G06Q 50/14 (2012.01); G01C 21/34 (2006.01); G06F 16/29 (2019.01); G06F 16/9535 (2019.01); G06Q 30/0201 (2023.01); G06Q 50/00 (2012.01); G06Q 50/40 (2024.01)
CPC G01C 21/3438 (2013.01) [G06F 16/29 (2019.01); G06F 16/9535 (2019.01); G06Q 30/0206 (2013.01); G06Q 50/01 (2013.01); G06Q 50/40 (2024.01)] 20 Claims
OG exemplary drawing
 
1. A method, comprising:
receiving transportation data from at least a subset of a plurality of users, wherein the transportation data corresponds to one or more virtual transportation modes configured for use by the plurality of users, and wherein the transportation data from a respective user comprises data corresponding to a virtual transportation capacity, a virtual transportation origin location, and a virtual transportation availability for a respective virtual transportation mode of the respective user;
generating a plurality of virtual transportation capacity units for at least the subset of the plurality of users based on the transportation data, wherein a respective virtual transportation capacity unit for the respective user represents a fungible forward contract for the respective virtual transportation mode of the respective user;
providing a virtual transportation market platform for trading the plurality of virtual transportation capacity units, comprising:
receiving market depth data from at least one of at least the subset of the plurality of users and different users, wherein the market depth data comprises data indicating one or more bid prices and one or more offer prices for the plurality of virtual transportation capacity units; and
transmitting the market depth data;
generating one or more layers for user interfaces, wherein the one or more layers correspond to a network node topology for the virtual transportation capacity market platform;
determining a plurality of index values for the plurality of virtual transportation capacity units based on the market depth data; and
generating a derivative product between a first user and a second user for one or more first virtual transportation capacity units of the plurality of virtual transportation capacity units, wherein the derivative product is generated based on the market depth data and the plurality of index values.