System and method for optimizing the number of units of a security purchased or sold on a periodic basis
US7003483B1 · kind B1 · utility
Assignee
Inventor
Key dates
| Filing date | Sep 15, 2000 |
| Grant date | Feb 21, 2006 |
| Priority date | — |
| Expiry date | Oct 29, 2022 |
Classification
- Technology area (CPC G)Physics
- CPC primaryG06Q40/06
- WIPO fieldIT methods for management
- WIPO sectorElectrical engineering
Abstract
A system and method for calculating a number of units of a security or other investment instrument to be traded periodically in a fluctuating market in a manner that optimizes the per-unit dollar value of the corresponding transaction. The system and method each comprise equations for calculating the number of units to be purchased or sold during each of a plurality of transaction periods based upon (1) a target amount of money for purchasing, or to be received from the sale of, the security during each transaction period, (2) a non-zero baseline unit price and (3) a current per unit price during the corresponding transaction period. In one embodiment, each equation further includes a gain control that, when all other variables are fixed, allows an investor to adjust the number of units traded to suit his or investment goals and/or to suit market conditions.
Source: USPTO / EPO open patent data. Objective bibliographic and citation counts.