Invention Grant
- Patent Title: System and method for dynamically determining quantity for risk management
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Application No.: US16425561Application Date: 2019-05-29
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Publication No.: US11100582B2Publication Date: 2021-08-24
- Inventor: Alvin F. Tanpoco
- Applicant: Trading Technologies International, Inc.
- Applicant Address: US IL Chicago
- Assignee: Trading Technologies International, Inc.
- Current Assignee: Trading Technologies International, Inc.
- Current Assignee Address: US IL Chicago
- Main IPC: G06Q40/04
- IPC: G06Q40/04 ; G06Q40/00 ; G06Q20/38 ; G06Q40/06

Abstract:
A system and method for dynamically determining quantity for risk management are described. According to one example embodiment, as a trader positions an order icon at a desired price or price-derivative value on a graphical interface, an order quantity for the order is dynamically determined based on the order price and a selected risk management formula. A trader can change the price or the price-related value for one or more orders by moving the order icons relative to a price axis on a graphical interface. In such an embodiment, the initially calculated order quantity for each order will be dynamically recalculated based on the modified orders for the trading strategy.
Public/Granted literature
- US20190279303A1 System and Method for Dynamically Determining Quantity for Risk Management Public/Granted day:2019-09-12
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