Patent ID: 8306900
Filing Date: 2012-11-06
Classification: G06Q

Abstract:
1. A computerized method for selling X shares of a stock, where X is a number greater than zero, comprising: via a computer in data communications with an electronic market place, electronically submitting to the electronic market place, an initial set of tranche orders to sell Y shares of the stock, wherein Y is a number less than or equal to X; via said computer, calculating a total number of shares from the initial set of tranche orders that have been sold at a selected point in time; employing a set of trading targets [Trading Value=x via said computer, calculating an urgency score, wherein the urgency score is based, at least in part, on said determined total number of shares sold at said selected point in time compared to X, and is also a function of a TradingValue associated with said selected point in time; and via said computer, creating and electronically submitting to the electronic market place, at least one new tranche order specifying a quantity and a target price, or modifying an existing tranche order from said initial set of tranche orders, wherein the target price or modification is determined based, at least in part, on the urgency score.