METHOD AND SYSTEM FOR EQUITABLY ALLOCATING A FINANCIAL DISTRIBUTION TO MULTIPLE INVESTORS

摘要

A method includes: receiving, by a payment agent, from an issuer of a security, a declaration that the total distribution will be issued by the security issuer; instructing, by the payment agent, to the security issuer, to send to a bank, on behalf of the payment agent, the total distribution for a payment period comprising a plurality of intervals; receiving, by the payment agent, data regarding one or more of a position of the investor in the security at an end of the interval and a length of the interval; computing, by the payment agent, using the data, an individual distribution payable to the investor, the individual distribution equitably allocating a portion of the total distribution to an investor who owns the security at the end of at least one of the intervals; and instructing the bank, by the payment agent, to pay the individual distribution to the investor.