Artificial intelligence based trading system
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United States of America Patent
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N/A
Issued Date -
Sep 12, 2002
app pub date -
Mar 12, 2001
filing date -
Mar 12, 2001
priority date (Note) -
Abandoned
status (Latency Note)
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Abstract
The invention relates to a system for online trading, including a computer, software permitting an investor to set a quantity of a particular financial asset to be automatically bought upon the occurrence of a first contingency, software permitting an investor to set an upper limit for selling the asset, whereby a match between the upper limit and market price triggers an automatic sale of the asset, software permitting an investor to set a lower limit for selling the asset, whereby a match between the lower limit and market price triggers the automatic sale, and software for monitoring for the occurrence of the first contingency and, once the first contingency occurs, for monitoring for a match between a market price and either of the upper or lower limits, a match automatically terminating the monitoring for the occurrence of the other limit.
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