Abstract: An improved method and system to create and write a security trading strategy, back test the strategy and automatically execute and monitor the strategy in an Internet based trading environment. Upon occurrence of a market trigger condition, the automated process automatically generates entry and exit orders and sends the entry and exit orders to the market to be filled. A restriction check is also performed on the entry and exit orders. The automated process further monitors the entry and exit orders once they have been sent to be filled and intelligently modifies the entry and exit orders depending on market and strategy conditions.
Type:
Grant
Filed:
September 29, 2011
Date of Patent:
August 25, 2020
Assignee:
TradeStation Technologies, Inc.
Inventors:
William R. Cruz, Ralph L. Cruz, Peter A. Parandjuk
Abstract: An improved method and system to create and write a security trading strategy, back test the strategy and automatically execute and monitor the strategy in an Internet-based trading environment. The automated process automatically generates entry and exit orders and sends the entry and exit orders to the market to be filled. The automated process further monitors the entry and exit orders once they have been sent to be filled and intelligently modifies the entry and exit orders depending on market and strategy conditions.
Type:
Grant
Filed:
January 4, 2002
Date of Patent:
May 27, 2008
Assignee:
TradeStation Technologies, Inc.
Inventors:
William R. Cruz, Ralph L. Cruz, Peter A. Parandjuk