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US 11,238,535 B1Granted
Stock trading platform with social network sentiment
AssigneeWells Fargo Bank, N.A.
InventorJoon Maeng
Life of this patent
Estimating the term…
Abstract
The innovation disclosed and claimed herein, in one aspect thereof, comprises systems and methods of stock trading using social network sentiment. The system and method can receive a trading order entry for a stock asset having at least one condition to execute, wherein the at least one condition to execute is based on a social network sentiment. The system and method monitors the stock asset for conditions to execute and monitors a tracking social network sentiment of the stock asset. The system and method can determine if the conditions to execute satisfied. The system and method can execute a stock trade according to the trading order entry based on the determination.
Claims17
A method, comprising:
- employing, by a processor, a digital stock trading platform, wherein the stock trading platform is an online portal to trade stocks;
- receiving an option to apply a social network sentiment;
- receiving, by a processor, a trading order entry on the stock trading platform for a stock asset having at least one condition to execute, wherein the at least one condition to execute is based on a social network sentiment;
- monitoring, by the processor, the stock asset for conditions to execute;
- and
- monitoring, by the processor, a tracking social network sentiment of the stock asset in real time, wherein the tracking social network sentiment is a score metric indicative of at least an emotion reaction towards an event that is posted to an online social network, wherein the monitoring comprises:
- receiving, by the processor, a selection of a specific social network sentiment as the tracking social network sentiment of a set of selectable sentiments from a user that is monitored in relation to a particular stock asset;
- and
- monitoring, by the processor, the particular stock asset for the specific social network sentiment as the tracking social network sentiment on the online social network, wherein the stock trading platform interfaces with the online social network to monitor for the tracking social network sentiment;
- causing to be displayed at a user device, a user interface that has a market data plot along a timeline and a social sentiment score plot separate from the market data plot along the timeline where the user interface simultaneously correlates a price of a stock along the market data plot with a sentiment score on the social sentiment score plot using an indicator in response to receiving the option to apply the social network sentiment;
- determining, in real time by the processor, the tracking social network sentiment of the stock asset fulfills the at least one condition to execute;
- and
- executing, in real time, by the processor, the trading order entry for the stock asset on the stock trading platform.
10 more elements
A system, comprising:
- a processing unit;
- and
- memory having instructions stored thereon, wherein the instructions, which when executed by the processing unit, configure the processing unit to perform operations that include:
- providing a stock trading platform that is an online portal to trade stocks;
- receiving an option to apply a social network sentiment;
- receiving a trading order entry for a stock asset having at least one condition to execute, wherein the at least one condition to execute is based on a social network sentiment on an online social network;
- monitoring the stock asset for conditions to execute, wherein the monitoring comprises:
- receiving a selection of a specific social network sentiment as a tracking social network sentiment of a set of selectable sentiments from a user that is monitored in relation to a particular stock asset;
- and
- monitoring the particular stock asset for the specific social network sentiment as the tracking social network sentiment on the online social network, wherein the stock trading platform interfaces with the online social network to monitor for the tracking social network sentiment;
- and
- causing to be displayed at a user device, a user interface that has a market data plot along a timeline and a social sentiment score plot separate from the market data plot along the timeline where the user interface simultaneously correlates a price of a stock along the market data plot with a sentiment score on the social sentiment score plot using an indicator in response to receiving the option to apply the social network sentiment;
- determining, in real time, a tracking social network sentiment of the stock asset, wherein the tracking social network sentiment is a score metric indicative of at least an emotion reaction towards an event that is posted to the online social network that affects the stock asset;
- determining, in real time, the tracking social network sentiment of the stock asset fulfills the at least one condition to execute;
- and
- executing, in real time, the trading order entry for the stock asset.
13 more elements
A non-transitory computer readable medium having instructions to control one or more processors configured to:
- employ a digital stock trading platform, wherein the stock trading platform is an online portal to trade stocks;
- receive an option to apply a social network sentiment;
- provide a trading order entry form for receiving trading order information to the digital stock trading platform;
- monitor a stock asset for a tracking social network sentiment on an online social network, wherein the monitoring comprises:
- receiving, by the processor, a selection of a specific social network sentiment as the tracking social network sentiment of a set of selectable sentiments from a user that is monitored in relation to the stock asset;
- and
- monitoring, by the processor, the stock asset for the specific social network sentiment as the tracking social network sentiment on the online social network, wherein the stock trading platform interfaces with the online social network to monitor for the tracking social network sentiment;
- cause to be displayed at a user device, a user interface that has a market data plot along a timeline and a social sentiment score plot separate from the market data plot along the timeline where the user interface simultaneously correlates a price of a stock along the market data plot with a sentiment score on the social sentiment score plot using an indicator in response to receiving the option to apply the social network sentiment;
- determine, in real time, a condition to execute based on the trading order information and the tracking social network sentiment, wherein the tracking social network sentiment is a score metric indicative of at least an emotion reaction towards an event on the online social network that affects the stock asset;
- and
- execute, in real time, a trade for stock assets based on the determination on the digital stock trading platform.
8 more elements
Dependencies are inferred from the claim text.