The patent badge is an abbreviated version of the USPTO patent document. The patent badge does contain a link to the full patent document.
The patent badge is an abbreviated version of the USPTO patent document. The patent badge covers the following: Patent number, Date patent was issued, Date patent was filed, Title of the patent, Applicant, Inventor, Assignee, Attorney firm, Primary examiner, Assistant examiner, CPCs, and Abstract. The patent badge does contain a link to the full patent document (in Adobe Acrobat format, aka pdf). To download or print any patent click here.
Patent No.:
Date of Patent:
Sep. 14, 2010
Filed:
Dec. 29, 2006
Joseph Anthony Barone, Nutley, NJ (US);
William Mckinney, Westfield, NJ (US);
Michele Pierdinock, Hoboken, NJ (US);
Hari Nanjundamoorthy, West Windsor, NJ (US);
Joseph Anthony Barone, Nutley, NJ (US);
William McKinney, Westfield, NJ (US);
Michele Pierdinock, Hoboken, NJ (US);
Hari Nanjundamoorthy, West Windsor, NJ (US);
CheckFree Corporation, Norcross, GA (US);
Abstract
A system and method for identifying a candidate set of one or more buy orders associated with an investment account, ordering the buy orders in the candidate set into a chain, determining a back out target value that identifies a fiscal amount by which the candidate set must be reduced, and decrementing an initial asset quantity of one or more successive non-zero quantity buy orders in the chain by a fixed integer quantity to a final asset quantity until the back out target value is achieved. The candidate set of buy orders can then be modified by replacing the respective initial asset quantity with the respective final asset quantity for at least one of the one or more buy orders. The modified candidate set of buy orders can then be provided for trade execution.