System and methods for prioritized management of financial instruments

• US 20060069639A1
• Filed: 09/30/2005
• Published: 03/30/2006
• Est. Priority Date: 09/30/2004
• Status: Abandoned Application

• Current Assignee: OptionsXpress Holdings Incorporated (Charles Schwab Corporation)
• Original Assignee: OptionsXpress Holdings Incorporated (Charles Schwab Corporation)
• Inventors: Kalt, David S.
• Application Number:
  US11/241,556
• Publication Number:
  US 20060069639A1
• 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 invention relates to an improved means for interactive computerized communications having a facilitated capability for order entry and order execution, and providing an enhanced range of trading forms and methods to clients of brokerage firms dealing in financial securities. In particular, the invention relates to a type of interactive computerized system and software program that implements an improved mode of online communication between brokerage firms dealing in financial securities and their retail investors, to result in a more efficient and flexible range in the type of allowable trades, and that provides thereby innovative and strategic advantages to individual investors of brokerage firms, for actively managing financial securities held in trading accounts.

Claims

1. A method for prioritized management of financial instruments comprising:

receiving an order for trading one or more of the financial instruments;

accepting criteria for the one or more of the financial instruments, wherein the criteria is one or more of a plurality of trading options; and

executing actions automatically according to the criteria.