ICAP Patent Brokerage, the world’s largest intellectual property brokerage and patent auction firm, announced yesterday for sale patents disclosing computerized methods and systems for trading articles including stocks, foreign exchange, futures, cereals, and ores based on certain conditions predetermined by the user. This IP package is available from inventor Min-Ho Cha, as part of the Financial Auction Series, with a bidding deadline of December 4th, 2014.
“This strategic portfolio should be of considerable interest to banks, hedge funds, and other investment vehicles,” says Doug Rhoten, Chairman of ICAP Patent Brokerage.
Key Characteristics & Benefits
Conventionally, it has been difficult, complicated, and time-consuming to constantly observe changing stock prices, resulting in the need for an advanced system to automate this process.
This portfolio relates to an automated electronic ordering method and system for trading products such as stocks, bonds, items, futures, options, indexes, and Forex through a data communication network, and more particularly to a computerized automatic ordering method and system based on certain conditions predetermined by the user.
It discloses multiple embodiments, including an automated ordering system for repeatedly dealing in a desired stock based on the price fluctuations of that stock, automated stock dealing by enabling a user to preset a number of stock purchase and/or sale conditions and by facilitating the transactions when those specified market conditions are met, and an automatic ordering system for stock dealing in which subsequent stock purchase and/or sale orders are automatically placed when a previous purchase/sale order is contracted, regardless of the current market conditions.
To learn more about the intellectual property available for sale in these portfolios or to place a bid:
Contact Michelle Tyler of ICAP Patent Brokerage at (650) 741-4117 or via email at [email protected].
If you have a patent for sale, visit our website to make a patent submission for an upcoming sealed bid event.