Dynamic computer software for trading securities
US7158951B2 · kind B2 · utility
Inventor
Key dates
| Filing date | Sep 25, 2002 |
| Grant date | Jan 2, 2007 |
| Priority date | — |
| Expiry date | Oct 23, 2023 |
Classification
- Technology area (CPC G)Physics
- CPC primaryG06Q40/06
- WIPO fieldIT methods for management
- WIPO sectorElectrical engineering
Abstract
The invention relates to a computer-implemented method of trading securities, a computer-readable medium carrying one or more sequences of instructions for trading securities, and a computer program product for use with a graphics display device. The program determines a reference price for the security, monitors the value of the security over time, and receives an input corresponding to a differential in the value of the security. A trigger price is determined for the security as a function of the differential and the reference price. The program liquidates the security after determining that the value of the security reaches or passes the trigger price in a first direction. After liquidating the security, the program automatically acquires at least one position in the security when the value of the security reaches or passes the trigger price in a second direction opposite to the first direction.
Source: USPTO / EPO open patent data. Objective bibliographic and citation counts.