Method and system for intelligent automated security trading via the Internet
First Claim
1. A method of real time intelligent automated security trading via the wireless Internet, including but not limited to stock trading, futures trading, options trading, bonds trading, and foreign currencies trading, comprising steps of:
- under control of an Automated Trading Service Center (ATSC) web server system offering Home Page Service (HPS) has steps of;
engineering custom automated security trading system for each new investor;
managing daily account activities for each active trader;
promoting automated trading services to prospective customers; and
under control of the Automated Trading Service Center (ATSC) web server system executing at least one automated security trading system known as the personal Virtual Fund Manager (VFM) has further steps of;
retrieving market fluctuation quotation from at least one security exchange;
monitoring market open/close trading time;
making investment decision in accordance with each investor'"'"'s own investment strategy; and
notifying the Investor'"'"'s Trading Unit an investment instruction whenever timing of placing an order is detected based on the investment decision. under control of a desktop/mobile client system located at the Investor'"'"'s Trading Unit performing subsequent functions of the personal Virtual Fund Manger has steps of;
receiving the investment instruction from ATSC web server system;
executing an order placing process, wherein an order is automatically sent; and
setting operation mode at auto trading mode or semi-auto trading mode; and
under the control of an On-Line Security Broker performing subsequent functions of the personal Virtual Fund Manger has steps of;
finalizing transaction with at least one electronic security exchange wherein the On-Line Security Broker completes the transaction by executing an order placing process of the Investor'"'"'s Trading Unit.
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Accused Products
Abstract
A method and system for intelligent automated security trading via the Internet, which provides an Automated Trading Service Center (ATSC), offering a Home Page Service and managing at least one Virtual Fund Manager (VFM) system. The ATSC is a wireless e-commerce service center providing automated trading services to investors anytime anywhere. By accessing the HPS, the investor can interact with ATSC to develop a custom investment strategy based personal VFM system to automatically trade electronic trading based securities. The VFM is a real time running program incorporated by four engines: the Quote Processing Engine, the Decision Making Engine, the Order Execution Engine, and the Order Processing Engine. Under commands of ATSC server, the VFM can periodically retrieve quotation from the security exchange, monitor the market fluctuation by performing intensive calculations to detect the desired Buy/Sell timing as predetermined by investor'"'"'s proprietary investment strategy algorithms, and ultimately execute the transaction automatically.
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Citations
13 Claims
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1. A method of real time intelligent automated security trading via the wireless Internet, including but not limited to stock trading, futures trading, options trading, bonds trading, and foreign currencies trading, comprising steps of:
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under control of an Automated Trading Service Center (ATSC) web server system offering Home Page Service (HPS) has steps of;
engineering custom automated security trading system for each new investor;
managing daily account activities for each active trader;
promoting automated trading services to prospective customers; and
under control of the Automated Trading Service Center (ATSC) web server system executing at least one automated security trading system known as the personal Virtual Fund Manager (VFM) has further steps of;
retrieving market fluctuation quotation from at least one security exchange;
monitoring market open/close trading time;
making investment decision in accordance with each investor'"'"'s own investment strategy; and
notifying the Investor'"'"'s Trading Unit an investment instruction whenever timing of placing an order is detected based on the investment decision. under control of a desktop/mobile client system located at the Investor'"'"'s Trading Unit performing subsequent functions of the personal Virtual Fund Manger has steps of;
receiving the investment instruction from ATSC web server system;
executing an order placing process, wherein an order is automatically sent; and
setting operation mode at auto trading mode or semi-auto trading mode; and
under the control of an On-Line Security Broker performing subsequent functions of the personal Virtual Fund Manger has steps of;
finalizing transaction with at least one electronic security exchange wherein the On-Line Security Broker completes the transaction by executing an order placing process of the Investor'"'"'s Trading Unit. - View Dependent Claims (2, 3, 4, 5, 6, 7)
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- 8. A web server system for intelligent automated security trading via the wireless Internet based communications network comprises an Automated Trading Service Center (ATSC) to provide electronic commerce services to investors.
Specification