System, method and program for agency cost estimation
US8229834B2 · kind B2 · utility
4Cited by
6References
36Claims
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Key dates
| Filing date | Jun 5, 2008 |
| Grant date | Jul 24, 2012 |
| Priority date | — |
| Expiry date | Apr 24, 2031 |
Classification
- Technology area (CPC G)Physics
- CPC primaryG06Q40/06
- WIPO fieldIT methods for management
- WIPO sectorElectrical engineering
Abstract
A method, system and computer program product for forecasting the transaction cost of a portfolio trade execution that may be applied to any given trading strategy or an optimal trading strategy that minimizes transaction costs. The system accepts user-defined input variables from customers and generates a transaction cost estimation report based on those variables. Two models are utilized: discretionary and non-discretionary. A specific transaction cost estimation and optimization is performed that model the transaction costs of a specific trade execution based on the user's trading profile and market variables.
Source: USPTO / EPO open patent data. Objective bibliographic and citation counts.