METHOD AND SYSTEM FOR GENERATING STOCK PRICE ALERTS BASED ON REAL-TIME MARKET DATA
First Claim
1. A system for generating stock price alerts based on real-time market data, the system comprises:
- a user mobile device; and
a central server;
an alerting module;
wherein a user downloads a mobile application from the central server and installs in the user mobile device for tracking and monitoring scrip or stock price of one or more stocks, wherein the mobile application is executed to activate the alerting module for tracking and monitoring scrip or stock price of one or more stocks to provide an alert with respect to stock on a periodic intervals based on preset conditions and preset stock parameters set by the user.
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Abstract
The embodiments herein provide a system and methods for generating stock price alerts based on real-time market data. The system comprises a user mobile device with a mobile application, a central server, and an alerting module. The alerting module tracks and monitors stock price of the stocks to provide an alert with respect to the stocks on periodic intervals based on preset conditions and parameters. The alerting module comprises a feed engine for monitoring the stock exchanges to downloads all the information related to the stocks as feed packets in the central server, a periodic alert engine and a conditional alert engine for processing the feed packets to provides alerts based on the preset alert conditions and an updating engine for updating the matched stock condition and information in a database for a permanent record.
16 Citations
19 Claims
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1. A system for generating stock price alerts based on real-time market data, the system comprises:
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a user mobile device; and a central server; an alerting module; wherein a user downloads a mobile application from the central server and installs in the user mobile device for tracking and monitoring scrip or stock price of one or more stocks, wherein the mobile application is executed to activate the alerting module for tracking and monitoring scrip or stock price of one or more stocks to provide an alert with respect to stock on a periodic intervals based on preset conditions and preset stock parameters set by the user. - View Dependent Claims (2, 3, 4, 5, 6, 7, 8, 9, 10)
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11. A method executed on a computing device for generating stock price alerts based on real-time market data, the method comprising steps of:
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defining one or more conditions or parameters by an user for issuing an alert with respect a stock for an real-time market data; defining one or more periodic alerts for an real-time market data by the user; receiving a plurality of incoming feed packets from one or more stock exchange markets to the central server; processing the received plurality of incoming feed packets by a feed engine; storing each of the plurality of processed feed packets in a tick-by-tick memory structure; storing each of the plurality of processed feed packets in a current memory structure; evaluating the plurality of feed packets in the tick-by-tick memory structure based on the one or more alert conditions defined by the user; providing conditional alerts by a conditional alert engine based on the plurality of feed packets stored in tick-by-tick memory structure, when the stock market exchange initiates; and retrieving information from the current memory structure and comparing the retrieved information with the alert conditions defined by the user for the one or more periodic alerts, whenever a preset periodic time interval is reached. - View Dependent Claims (12, 13, 14, 15, 16, 17, 18, 19)
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Specification