METHOD AND APPARATUS FOR FINANCIAL TRANSACTIONS
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United States of America Patent
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N/A
Issued Date -
Jan 28, 2010
app pub date -
Jul 13, 2009
filing date -
Jul 14, 2008
priority date (Note) -
Abandoned
status (Latency Note)
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Abstract
Method for measuring performance in securities trading is disclosed; the method comprises associating trades with a user profile and examining performance and updating the profile based in part on the trades. Trading may be simulated or may comprise actual trading of securities through one or more broker partners. Social networking options and features are also provided. A method of providing a synchronized securities trading is also given, the method comprising servicing trades of a first entity (the first entity may be an individual or an RIA) and servicing a similar trade by a second entity. According to this method payment to the first entity is calculated as a percentage of the amount traded by the second entity or by examining performance of trades with respect to a reference. The reference may comprise for example the S&P 500 or Dow Jones Industrial Average. Methods of conducting business are also given.
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