Invention Grant
- Patent Title: System and method for online trading using an electronic spreadsheet
-
Application No.: US14058475Application Date: 2013-10-21
-
Publication No.: US08744955B2Publication Date: 2014-06-03
- Inventor: Brian Lynn , Lawrence Miller
- Applicant: JPMorgan Chase Bank, N.A.
- Applicant Address: US NY New York
- Assignee: JPMorgan Chase Bank, NA
- Current Assignee: JPMorgan Chase Bank, NA
- Current Assignee Address: US NY New York
- Agency: Goodwin Procter LLP
- Main IPC: G06Q40/00
- IPC: G06Q40/00 ; G06Q40/06

Abstract:
A system and method for receiving streamed, real time quotes with respect to financial instruments. The system applies a spreadsheet based investment strategy to the real time quotes, generating electronic orders based on the results of the investment strategy analysis and transmitting the orders for real time execution. The system generates a unique order identifier that allows users to actively track the status of orders in real time. This unique order identifiers can be shared with other users so that other trading strategies can be developed to execute upon the successful execution of the order (e.g., hedging).
Public/Granted literature
- US20140052601A1 System and Method for Online Trading Using an Electronic Spreadsheet Public/Granted day:2014-02-20
Information query