PATENT CLAIM ANALYSIS

Application Number: 16255728
Application Type: Utility
Filing Date: 2019-01
Publication Date: 2019-05
Patent Classification: ["705", "037000"]

Abstract:
Systems and methods for maintaining the viability of a market order type in fluctuating markets are provided. These systems and methods preferably provide the user with the ability to enter an order as a “conditional” market order. Such an order will preferably only be implemented as a market order under certain specific circumstances—e.g., the market has met a predetermined stability threshold for a preferably predetermined amount of time.

Claim (Index 2):
A method comprising:\n setting, by a processor of an electronic trading server, a price stability threshold before receipt of a market order to buy or sell an item at a current market price in an electronic market comprising a network of computers communicatively coupled with one another and the electronic trading server over a communication network; transmitting, by the processor, over the communication network, a graphical user interface to display at given displays respectively of given computers of the network of computers; receiving, by the processor, over the communication network, from a first computer of the network of computers, the market order entered at a first graphical user interface displayed at a first display of the first computer; determining, by the processor, when the market order is detected, a stability of the current market price of the item as the item is being bought and sold throughout the network of computers based on current market price information received over the communication network; determine that the stability of the current market price does not meet the stability price stability threshold; in response to determining that the stability of the current market price does not meet the price stability threshold, modify, by the processor, the market order, based on a system defined modification, to be a resting order with a modified price that is a certain price difference away from the current market price for the item and placing, by the processor, the resting order in the electronic market at the modified price.

Metadata:
- Claim Count in Document: 24.0
- Percentile: 99.0
- Lexical Diversity: 1.5102
- Patent Class: 705.0
- Transitional Phrase Type: open
- Component Type: 1
- Foreign Priority: False
- Related Applications: ['12938189', '10397109', '11328566', '14548840', '11407509']

Analysis Scores:
- 35 USC 101 Eligibility (BERT): 0.1020614384489468
- 35 USC 102 Novelty (BERT): 0.4697928802430364
- Combined Prediction Score: 0.1388345826283558
- Mean Citation Score: 178.23986200000004
- Max Citation Score: 188.2021
- Similarity Product: 150.55982010213734

Labels:
- Claim Label 101: 1
- Claim Label 102: 0
- Claim Label 103: 0
- Claim Label 112: 1
- Combined Label: 0
- Label 101 Adjusted: 1

Dataset: test