A System for Securities Exchange with Price Instability Alerts that are triggered when a security moves outside "pre-set"and/or Dynamically Calculated trading Price Ranges Over a Network

• US 20050049956A1
• Filed: 09/02/2003
• Published: 03/03/2005
• Est. Priority Date: 09/02/2003
• Status: Abandoned Application

• Current Assignee: Glenn Ballman
• Original Assignee: Glenn Ballman
• Inventors: Ballman, Glenn
• Application Number:
  US10/605,020
• Publication Number:
  US 20050049956A1
• Time in Patent Office: Days
• US Class Current: 705/37
• CPC Class Codes: G06Q 40/04 Trading; Exchange, e.g. stocks, commodities, derivatives or currency exchange

Abstract

The current invention is a securities system which has price instability alerts that are triggered when a security moves outside a “pre-set”and/or dynamically calculated price ranges. The system creates a static price instability alert and a separate dynamic price instability alert that senses the direction of the security and moves the price instability alert larger or smaller accordingly. This increase the visibility of the security thereby increasing visibility for regulators and potentially reducing fraud and risk OLE_LINK2

Claims

1. A securities system comprising:

a system that has price instability alerts over a network.

2. A system according to claim 1 in which said price instability alerts are static.

3. A system according to claim 1 in which said price instability alerts are dynamic.

4. A system according to claim 1 in which said price instability alerts are dynamic and static.

5. A system according to claim 1 in which said system is a data processing system.

6. A system according to claim 5 in which said system is processed in a client server system.

7. A system according to claim 5 in which said system is connected to through the Internet.

8. A system according to claim 5 in which said system is connected to wireless devices.

9. A system according to claim 5, further comprising:

(a) computer processor

means for processing data;

(b) storage means for storing said data on a storage

medium;

(c) communication means for transmitting data in a secure environment to and from various remote locations; and

(d) computer software means for creating and displaying trade data concerning a particular trade in the form of a trade record.

10. A system, as claimed in claim 9 wherein said computer software means further comprises:

means for inputting and storing system information on said storage means.

11. A system according to claim 4 in which said system is a data processing system.

12. A system according to claim 11 in which said system is processed in a client server system.

13. A system according to claim 11 in which said system is connected to through the Internet.

14. A system according to claim 11 in which said system is connected to wireless devices.

15. A system according to claim 11, further comprising:

(a) computer processor

means for processing data;

(b) storage means for storing said data on a storage

medium;

(c) communication means for transmitting data in a secure environment to and from various remote locations; and

(d) computer software means for creating and displaying trade data concerning a particular trade in the form of a trade record.

16. A system, as claimed in claim 15 wherein said computer software means further comprises:

means for inputting and storing system information on said storage means.

17. A system according to claim 2 in which said system is a data processing system.

18. A system according to claim 3 in which said system is a data processing system.

19. A system according to claim 1 in which the trading of securities are done directly between rights holders.

20. A system according to claim 1 in which the system creates a static dynamic price instability alert and a separate dynamic price instability alert that senses the direction of the security and moves the price instability alert larger or smaller accordingly.

21. A system according to claim 1 in which the system moves an existing beneficial rights holder order book into a market auction after a price instability alert.

22. A system according to claim 1 which creates a random time element auction to last for a given period of time.

23. A system according to claim 1 which displays the beneficial rights holder in the order book during the auction bid and ask book creation.