Patent ID: 6317728
Filing Date: 2001-11-13
Classification: G06Q

Abstract:
A securities trading system comprising:a data acquisition system having an input communicating with a securities exchange for receiving securities buy/sell data;a clock for generating clock times;a processing logic having inputs respectively communicating with said data acquisition system and with said clock for assigning respective clock times to said buy/sell data; anda decision logic having a repository for storing a set of buy/sell rules for buying and selling securities in response to said buy and sell data combined with said clock times;a current assets memory;a buy and sell execution system having an input communication with said decision logic for executing buy and sell orders in conformance with said buy/sell rules, wherein said decision logic includes at least one agent being responsive to one of said buy/sell rules, said agent being operative for generating a buy/sell order in response to said buy/sell data conforming to said buy/sell rule, and a feed-back connection from said current assets memory to each of said agents for conveying a cumulative number of merits to a respective agent having issued a sell order for a successful trade.