Data processing: financial – business practice – management – or co – Automated electrical financial or business practice or... – Finance
Reexamination Certificate
2007-01-02
2007-01-02
Sough, Hyung Sub (Department: 3628)
Data processing: financial, business practice, management, or co
Automated electrical financial or business practice or...
Finance
C705S03600T, C705S035000
Reexamination Certificate
active
10254892
ABSTRACT:
The invention relates to a computer-implemented method of trading securities, a computer-readable medium carrying one or more sequences of instructions for trading securities, and a computer program product for use with a graphics display device. The program determines a reference price for the security, monitors the value of the security over time, and receives an input corresponding to a differential in the value of the security. A trigger price is determined for the security as a function of the differential and the reference price. The program liquidates the security after determining that the value of the security reaches or passes the trigger price in a first direction. After liquidating the security, the program automatically acquires at least one position in the security when the value of the security reaches or passes the trigger price in a second direction opposite to the first direction.
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Oppenheimer (San Jose Mercury News) (Feb. 15, 1987) The Power of Program Trading, p. 1E.
McCarter & English LLP
Sough Hyung Sub
Subramanian Narayanswamy
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