Automatic ordering method and system for trading of stock, bond, item, future index, option, index current and so on
Abstract
The present invention relates to an automatic ordering method and system for trading of stocks, bonds, items, futures, options, indexes, foreign currencies through data communication network, and more particularly to an automatic ordering method and system by computer according to certain conditions predetermined by an investor wherein the automatic ordering method for trading of stocks, bonds, items, futures, options, indexes, foreign currencies and the like through data communication network according to the present invention comprises the steps of: determining a trade-desired object in a computer system to input automatic trade conditions containing purchase and selling conditions; ordering purchase and selling according to the trade conditions through the data communication network; discriminating whether the purchase order and/or selling order has been contracted through the data communication network; and placing new purchase and/or selling orders through the data communication network according to the trade conditions predetermined by the computer when either the purchase order or the selling order is contracted.
Claims
exact text as granted — not AI-modifiedWhat is claimed is:
1 . An automatic ordering method for trading of stocks, bonds, items, futures, options, indexes, foreign currencies or the like using a computer system connected to a data communication network, comprising:
a) selecting a trade-desired object and inputting an automatic trade condition containing purchase and selling conditions in the computer system, the automatic trade condition comprising a selling price, a selling quantity, a purchase price and a purchase quantity; b) placing purchase and selling orders according to the automatic trade condition through the data communication network; c) determining whether the purchase order or selling order has been contracted through the data communication network; and d) placing new purchase and selling orders at a new price by the computer through the data communication network according to the automatic trade condition when either the purchase order or the selling order is contracted according to step c). wherein step a) is executed by a user and steps b), c), d) are executed without the intervention of the user, the new selling order price in step d) is higher than the contracted price determined in step c), and the new purchase order price in step d) is lower than the contracted price determined in step c).
2 . An automatic ordering method, the method using a computer system connected to a data communication network, comprising:
a) selecting a trade-desired stock and inputting an automatic trade condition including purchase and selling conditions at the computer system, the automatic trade condition comprising a selling price, a selling quantity, a purchase price and a purchase quantity; b) placing through the data communication network a stock purchase order or a stock selling order according to the trade condition; c) determining whether or not the stock selling order or a stock purchase order has been contracted through the data communication network; and d) placing by a computer through the data communication network a new stock selling and purchase order at a new price according to the automatic trade condition when the stock selling or purchase order is contracted according to step c), wherein step a) is executed by a user and the steps b), c), d) are executed without the intervention of the user; the new selling order price in step d) is higher than the contracted price determined in step c), and the new purchase order price in step d) is lower than the contracted price determined in step c).
3 . An automatic stock ordering method, the method of trading stocks using a computer system connected to a data communication network, the method comprising:
a) selecting a trade-desired stock and inputting an automatic trade condition including a purchase condition and a selling condition in the computer system, the automatic trade condition comprises a selling price, a selling quantity, a purchase price and a purchase quantity; b) placing through the data communication network one or more stock selling order(s) orders and one or more purchase order(s) according to the trade condition; c) determining whether or not the stock selling or purchase order has been contracted through the data communication network; and d) placing by the computer through the data communication network new stock selling and purchase orders at a new price according to the automatic stock trade condition when the stock selling or purchase order is contracted according to step c), wherein step a) is executed by a user and steps b), c), d) are executed without the intervention of the user, the new selling order price in step d) is higher than the contracted price determined in step c), and the new purchase order price in step d) is lower than the contracted price determined in step c).
4 . The method as defined in claim 3 , wherein the step of inputting the automatic ordering condition further comprises a step of drawing up an automatic trade table, where an automatic trade order is generated from the base of the automatic trade table.
5 . The method as defined in claim 3 ,wherein the automatic trade condition includes a target profit rate and further comprises a step of calculating a profit rate according to the automatic trading before a computer places a new stock selling order and purchase order in case the stock selling order or a stock purchase order is concluded to thereafter compare same with the target profit rate.
6 . The method as defined in claim 3 , wherein the automatic ordering condition further comprises an extra trade condition.
7 . The method as defined in claim 3 , wherein step b) further comprises a step of checking whether or not the trade condition has been satisfied before placing an order, and notifying an error notice to the user if the condition is not met.Join the waitlist — get patent alerts
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