Methods and systems for managing a portfolio of securities

• US 20020178099A1
• Filed: 05/25/2001
• Published: 11/28/2002
• Est. Priority Date: 05/25/2001
• Status: Abandoned Application

• Current Assignee: Potrader Technologies LP, Water Zone Technologies
• Original Assignee: Water Zone Technologies
• Inventors: Young, Shayne
• Application Number:
  US09/866,500
• Publication Number:
  US 20020178099A1
• Time in Patent Office: Days
• US Class Current: 705/36
• CPC Class Codes: G06Q 40/06 Asset management; Financial planning or analysis

Abstract

Methods and systems for managing a portfolio of securities are provided. In one embodiment, the portfolio of securities may include at least one entry transaction for at least one security. Each entry transaction may include an entry price. The method may include receiving an exit order for a portion of the portfolio. The exit order may include an exit price. The method may include determining a difference between the exit price and the entry price for each security in the portfolio. In addition, the method may include selecting a security to be included in the portion. The selected security may have a determined difference less than or equal to a determined difference of each other share of the security in the portfolio. The method may also include sorting the portfolio of securities according to entry price. The shares of the security in the portfolio may be exited according to sort order.

Claims

1. A computer-implemented method for managing a portfolio of securities, comprising:

providing a portfolio of securities, wherein the portfolio of securities comprises at least one position in at least one security, each position comprising a quantity of shares of each of the at least one securities bought or sold and an entry price;

receiving an exit order to exit at least a portion of at least one position in a security, wherein the exit order comprises an exit price for the security;

determining a potential profit comprising a difference between the entry price and the exit price for each share of the security in the portfolio; and

selecting one or more shares of the security from the portfolio to be included in the portion exited, wherein the selected shares comprises a potential profit less than or equal to a potential profit of each share of the security not selected.

2. The method of claim 1, wherein receiving the exit order, determining the potential profit and selecting the one or more shares occurs in approximately real-time.

3. The method of claim 1, wherein the at least one security is selected from the group consisting of stocks, options contracts, futures, bonds, mutual funds and cash.

4. The method of claim 1, wherein the exit price comprises a bid price or an ask price.

5. The method of claim 1, wherein the entry price comprises a purchase price or a sale price.

6. The method of claim 1, wherein software is operable to implement the method, wherein the software is executable on a computer, and wherein the computer is coupled to a computer network.

7. The method of claim 1, wherein software is operable to implement the method, wherein the software is executable on a computer, wherein the computer is coupled to a computer network, and wherein the computer network comprises the Internet.

8. The method of claim 1, wherein each of the at least one positions comprises a date of entry and a time of entry.

9. The method of claim 1, wherein providing the portfolio of securities comprises receiving configuration data, wherein the configuration data identifies at least the entry price, an entry quantity, a date of entry and a time of entry for each of the at least one positions.

10. The method of claim 1, wherein the exit order further comprises an exit quantity.

11. The method of claim 1, wherein receiving the exit order comprises receiving configuration data, and wherein the configuration data identifies at least an exit price and an exit quantity.

12. The method of claim 10, further comprising:

determining a profit or loss for the portion exited by determining a difference between the exit price and the entry price of the portion; and

multiplying the difference by the exit quantity associated with the exit order.

13. The method of claim 10, wherein the portion exited comprises a quantity of shares, the method further comprising:

subtracting the quantity of shares exited from the exit quantity to determine an additional exit quantity;

altering the portfolio of securities, wherein altering the portfolio comprises removing the quantity of shares exited from the portfolio; and

altering the exit order such that the exit quantity equals the additional exit quantity if the additional exit quantity is greater than zero.

14. The method of claim 13, further comprising:

receiving the altered exit order;

determining a potential profit comprising a difference between the entry price and the exit price for each of the shares of the security in the altered portfolio; and

selecting one or more shares of the security from the altered portfolio to be included in the portion exited, wherein the selected shares comprise a potential profit less than or equal to a potential profit of each share of the security not selected.

16. The method of claim 15, wherein the entry price comprises a purchase price, and the sorting comprises sorting the received data in the portfolio in order of descended purchase price.

17. The method of claim 15, wherein the entry price comprises a sales price, and the sorting comprises sorting the received data in the portfolio in order of ascending sales price.

18. The method of claim 15, wherein exiting the position in the security occurs in approximately real-time.

19. The method of claim 15, wherein the security is selected from the group consisting of stocks, options contracts, futures, bonds, mutual funds, and cash.

20. The method of claim 15, wherein software is operable to implement the method, wherein the software is executable on a computer, and wherein the computer is coupled to a computer network.

21. The method of claim 15, wherein software is operable to implement the method, wherein the software is executable on a computer, wherein the computer is coupled to a computer network, and wherein the computer network comprises the Internet.

22. The method of claim 15, wherein the received data further comprises an entry quantity, a date of entry and a time of entry.

23. The method of claim 15, wherein the received data further comprises configuration data, and wherein the configuration data identifies at least an entry price, an entry quantity, a date of entry and a time of entry of the security.

24. The method of claim 15, wherein exiting the position in the security comprises one or more exit transactions, wherein each of the one or more exit transactions comprises an exit price, and wherein each of the one or more exit transactions occurs in the order of the sorted portfolio.

25. The method of claim 24, wherein each of the one or more exit transactions further comprises an exit quantity.

26. The method of claim 15, further comprising receiving data associated with an exit order the received data, wherein the received data comprises configuration data, and wherein the configuration data identifies at least an exit price and an exit quantity.

27. The method of claim 25, further comprising:

determining a profit or loss for the exit of at least a portion of the position in the security, wherein determining the profit or loss comprises determining a difference between the entry price and the exit price of the security; and

multiplying the difference by the exit quantity associated with the exit of at least a portion of the position in the security.

28. The method of claim 27, further comprising:

subtracting the quantity of shares exited from the exit quantity to determine an additional exit quantity;

altering the portfolio, wherein altering the portfolio comprises removing one or more exited shares from the portfolio; and

altering the exit quantity such that the exit quantity equals the additional exit quantity if the additional exit quantity is greater than zero.

29. The method of claim 28, further comprising:

receiving the altered exit order;

determining a potential profit comprising a difference between the entry price and the exit price for each of the shares of the security in the altered portfolio; and

selecting one or more shares of the security from the altered portfolio to be included in the portion exited, wherein the shares are selected according to the sorted order of the altered portfolio.

15. A computer-implemented method for exiting at least a portion of a position in a security, comprising:

receiving data associated with the security, wherein the received data comprises an entry price of the security;

storing the received data in a portfolio of securities;

sorting the received data in the portfolio of securities according to the entry price; and

exiting at least a portion of a position in the security according to the order of the sorted received data in the portfolio.

30. A computer-implemented method for managing a portfolio of securities, comprising:

providing a portfolio of securities, wherein the portfolio of securities comprises at least one position in a security, each position comprising a quantity of shares of the security bought or sold and an entry price for the security upon entering the position;

sorting the at least one position in a security in the portfolio according to the entry price; and

exiting at least one position in at least one security according to the order of the sorted portfolio.

31. The method of claim 30, wherein the at least one postion in a security comprises a long position, and the sorting comprises sorting the at least one position in order of descended purchase price.

32. The method of claim 30, wherein the at least one postion in a security comprises a short position, and the sorting comprises sorting the at least one position in order of ascending sell price.

33. A system configured to manage a portfolio of securities, comprising:

a computer network;

a CPU coupled to the computer network; and

a system memory coupled to the CPU, wherein the system memory is configured to store one or more computer programs executable by the CPU, and wherein the computer programs are executable to implement a method for managing the portfolio of securities, the method comprising;

providing a portfolio of securities, wherein the portfolio of securities comprises at least one position in at least one security, each position comprising a quantity of shares of each of the at least one securities bought or sold and an entry price;

receiving an exit order to exit at least a portion of at least one position in a security, wherein the exit order comprising an exit price for the security;

determining a potential profit comprising a difference between the entry price and the exit price for each share of the security in the portfolio; and

selecting one or more shares of the security from the portfolio to be included in the portion exited, wherein the selected shares comprises a potential profit less than or equal to a potential profit of each share of the security not selected.

36. The method of claim 35, wherein receiving the entry order, selecting the entry transaction and exiting at least a portion of the quantity of the security in the selected entry transaction occurs in approximately real-time.

37. The method of claim 35, wherein the security is selected from the group consisting of stocks, options contracts, futures, bonds, mutual funds, and cash.

38. The method of claim 35, wherein software is operable to implement the method, wherein the software is executable on a computer system, and wherein the computer system is coupled to a computer network.

39. The method of claim 35, wherein software is operable to implement the method, wherein the software is executable on a computer system, wherein the computer system is coupled to a computer network, and wherein the computer network comprises the Internet.

40. The method of claim 35, wherein each of the at least one entry transactions further comprises an entry quantity, an entry transaction date and an entry transaction time.

41. The method of claim 35, wherein exiting comprises at least one exit transaction, wherein each of the at least one exit transaction comprises an exit price and an exit quantity.

42. The method of claim 41, further comprising:

determining a profit or loss on the exited portion by determining the difference between the exit price and the entry price of the selected entry transaction; and

multiplying the difference by the exit quantity associated with the at least one exit transaction.

34. A carrier medium comprising program instructions, wherein the program instructions are computer-executable to implement a method for managing a portfolio of securities, the method comprising:

providing a portfolio of securities, wherein the portfolio of securities comprises at least one position in at least one security, each position comprising a quantity of shares of each of the at least one securities bought or sold and an entry price;

receiving an exit order to exit at least a portion of at least one position in a security, wherein the exit order comprising an exit price for the security;

determining a potential profit comprising a difference between the entry price and the exit price for each share of the security in the portfolio; and

selecting one or more shares of the security from the portfolio to be included in the portion exited, wherein the selected shares comprises a potential profit less than or equal to a potential profit of each share of the security not selected.

35. A computer-implemented method for managing a portfolio of securities, comprising:

(a) receiving an exit order for a security, wherein the portfolio of securities comprises at least one entry transaction, wherein the entry transaction comprises an acquisition or sale of a quantity of the security, and wherein each entry transaction comprises an entry price;

(b) selecting an entry transaction from the portfolio, wherein the entry transaction selected comprises the entry price nearest an exit price of the exit order;

(c) exiting at least a portion of the quantity of the security in the selected entry transaction; and

(d) repeating (b) and (c) until the exit order is filled.