Patent ID: 9679335
Date: 2017-06-13
CPC Classifications: G06Q

Claim:
1. A system for securities trading, said system including: a trade follower contact database including a plurality of data structures each having a lead trader identification electronically associated with data representing a plurality of trade follower identities; a trade follower account database including at least one data structure electronically associated with a trade follower identity and including trade follower account data, trade follower account setting data, and trade follower electronic contact information associated with said trade follower identity; and an automated computerized trade determination system, wherein said automated computerized trade determination system receives an electronic trade initiation command from a lead trader, said electronic trade initiation command including data representing a lead trader identification, a lead trader share number, and a share price; wherein, in response to the receipt of said electronic trade initiation, said computerized trade determination system automatically uses said lead trader identification to retrieve from said trade follower contact database said data representing said plurality of trade follower identities associated with said lead trader, wherein for each of said plurality of trade follower identities, said computerized trade determination system retrieves from said trade follower account database, the trade follower account data, trade follower account setting data, and trade follower electronic contact information associated with said trade follower identity, wherein said trade follower account data includes data representing a cash available for trading securities available to said trade follower, wherein said computerized trade determination system automatically determines, for each of said plurality of trade follower identities associated with said lead trader, a proposed follower trade data, wherein said proposed follower trade data is based on said lead trader share number, said share price, said trade follower account data, and said trade follower account setting data of said trade follower, wherein each of said proposed follower trade data includes a trade follower share number and a trade follower stop price determined based on said share price and said follower account data of said trade follower, wherein said computerized trade determination system, for each of said plurality of trade follower identities associated with said lead trader, electronically assembles data representing an electronic trade follower user interface for transmission to a remote trade follower electronic device, wherein said user interface includes and displays said proposed follower trade data, wherein said user interface is transmitted to each of said plurality of trade follower identities associated with said lead trader using said trade follower electronic contact information associated with said trade follower, wherein said user interface includes an input for electronically initiating said proposed follower trade data and an input for modifying said proposed follower trade data, wherein said computerized trade determination system receives, from a plurality of trade follower user interfaces transmitted to a plurality of remote trade follower electronic devices, data indicating that said input for electronically initiating said proposed follower trade has been activated, and wherein said computerized trade determination system retrieves said trade follower share numbers associated with the proposed follower trades for which said input has been received, combines the number of share represented by said plurality of trade follower share numbers with said lead trader share number into a combined trade share number, and initiates execution of a trade of said combined trade share number of shares.