METHOD OF ASSIGNING SECURITIES TO A COUNTRY

A method of assigning securities to countries/regions. A company having a formation country/region, headquarters country/region, and primary exchange country/region issued each security. Countries/regions are classified as special, no domestic exchange ("NDE"), benefits driven incorporatio...

Ausführliche Beschreibung

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Bibliographische Detailangaben
Hauptverfasser: YAN XIN, FELDMAN BARRY E, VELVADAPU PRADEEP V, HAUGHTON KELLY L
Format: Patent
Sprache:eng
Schlagworte:
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Beschreibung
Zusammenfassung:A method of assigning securities to countries/regions. A company having a formation country/region, headquarters country/region, and primary exchange country/region issued each security. Countries/regions are classified as special, no domestic exchange ("NDE"), benefits driven incorporation ("BDI"), and non-BDI. Special rules apply to securities issued by companies formed in special countries/regions. Securities issued by companies formed in NDE countries/regions are assigned to their primary exchange countries/regions. Each security issued by a company formed in a non-BDI country/region is assigned to its formation country/region if its formation, headquarters, and primary exchange country/region are identical. If these three countries/regions are not identical and the formation country/region is a BDI country/region, the security is assigned to either the headquarters or primary exchange country/region. If these three countries/regions are not identical and the formation country/region is not a BDI country/region, the security is assigned to one of the formation, headquarters, or primary exchange country/region.