Data processing: financial – business practice – management – or co – Automated electrical financial or business practice or... – Finance
Reexamination Certificate
2006-02-21
2006-02-21
Patel, Jagdish (Department: 3624)
Data processing: financial, business practice, management, or co
Automated electrical financial or business practice or...
Finance
C705S035000, C705S037000
Reexamination Certificate
active
07003483
ABSTRACT:
A system and method for calculating a number of units of a security or other investment instrument to be traded periodically in a fluctuating market in a manner that optimizes the per-unit dollar value of the corresponding transaction. The system and method each comprise equations for calculating the number of units to be purchased or sold during each of a plurality of transaction periods based upon (1) a target amount of money for purchasing, or to be received from the sale of, the security during each transaction period, (2) a non-zero baseline unit price and (3) a current per unit price during the corresponding transaction period. In one embodiment, each equation further includes a gain control that, when all other variables are fixed, allows an investor to adjust the number of units traded to suit his or investment goals and/or to suit market conditions.
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Downs Rachlin & Martin PLLC
Patel Jagdish
Sacco Company
LandOfFree
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