# US 2014/0156486 A1 · System and method for automated trade replication trade bundling and detachment > Agents: this data is available as JSON from the patentgrep API and MCP server — see https://patentgrep.com/llms.txt - Number: US 2014/0156486 A1 - Document ID: US20140156486A1 - Status: Published application - Kind: A1 - Application number: 13/917,440 - Filed: 2013-06-13 - Published: 2014-06-05 - Earliest claimed: 2012-06-13 - Assignees: Ditto Holdings, Inc. - Applicants: Ditto Holdings, Inc. - Inventors: Joseph Fox; Brian Lund; David Hoak; Steve Mann; Cedric Charles; Adan Romero - Web page: https://patentgrep.com/patent/US20140156486A1 ## CPC - G06Q 40/04: Trading; Exchange, e.g. stocks, commodities, derivatives or currency exchange - G06Q 30/0605: {Pooling transaction partners, e.g. group buying or group selling} - G06Q: INFORMATION AND COMMUNICATION TECHNOLOGY [ICT] SPECIALLY ADAPTED FOR ADMINISTRATIVE, COMMERCIAL, FINANCIAL, MANAGERIAL OR SUPERVISORY PURPOSES; SYSTEMS OR METHODS SPECIALLY ADAPTED FOR ADMINISTRATIVE, COMMERCIAL, FINANCIAL, MANAGERIAL OR SUPERVISORY PURPOSES, NOT OTHERWISE PROVIDED FOR ## Abstract A system and method for automated securities trading is provided. The system includes a lead trader account database, a follower account database, and a trade determination system. Trade information is received from a lead trader and a listing of followers for the lead trader is retrieved from the lead account database. For each follower, their account at the follower account database is accessed to confirm that they desire to participate in the lead trader's trade and that they have enough funds to do so. The lead trader and follower's traders are then grouped together and traded as a single trade. The traded shares are then provided to the lead trader and followers at the average price of the trade. ## Claims ### Claim 1 A system for automated securities trading, said system including: a trade determination system; a lead trader account database; and a follower account database, wherein said trader determination system receives a lead trader identification, a lead trader share identification, a lead trader share number, and a share price from a lead trader, wherein said trade determination system uses said lead trader identification to retrieve, from said lead trader account database, at least one follower identification associated with said lead trader identification, wherein said trade determination system uses said at least one follower identification to retrieve, from said follower account database, an available follower account balance associated with said follower identification, wherein said trade determination system sets a follower share number equal to said lead trader share number and multiplies said follower share number with said share price to determine a follower trade total price, wherein, when said available follower account balance is at least equal to said follower trade total price, said trade determination system sets a total trade share number equal to said lead trader share number plus said follower share number, and wherein said trade determination system submits said total trade share number to an exchange for execution. ### Claim 2 (depends on 1) The system of claim 1 wherein when said available follower account balance is less than said follower trade total price, said available account balance is divided by said lead trader share price to determine a reduced follower share number, and wherein said trade determination system sets a total share number equal to said lead trader share number plus said reduced follower share number ### Claim 3 (depends on 1) The system of claim 1 further including a dashboard generation system providing a graphical user interface to at least one of a follower computer and a lead trader computer. ### Claim 4 (depends on 1) The system of claim 1 further including a lead trader-follower management system that allows a follower identification to be associated with said lead trader identification. ### Claim 5 (depends on 1) The system of claim 1 wherein, in response to receiving said total trade share number, said exchange performs a first trade of a first number of shares at a first price and a second trade of a second number of shares at a second price, wherein said first number of shares plus said second number of shares equals said total trade share number. ### Claim 6 (depends on 5) The system of claim 5 wherein said trade determination system receives said first number of shares, said first price, said second number of shares, and said second price, and uses them to determine an average share price for the total trade share number. ### Claim 7 (depends on 6) The system of claim 6 wherein said average share price is recorded as the share price for the trade for both said lead trader account database and said follower account database. ### Claim 8 A method for automated securities trading, said method including: receiving, at a trade determination system, a lead trader identification, a lead trader share identification, a lead trader share number, and a share price; retrieving, from a lead trader account database, at least one follower identification associated with said lead trader identification; retrieving, from a follower account database, an available follower account balance associated with said at least one follower identification; setting a follower share number equal to said lead trader share number; determining a follower total trade price by multiplying said follower share number by said share price; setting a total trade share number equal to said lead trader share number plus said follower share number when said available follower account balance is at least equal to said follower trade total price; and submitting said total trade share number to an exchange for execution. ### Claim 9 (depends on 8) The method of claim 8 further including, when said available follower account balance is less than said follower trade total price, determining a reduced follower share number by dividing said available account balance by said lead trader share price; and setting a total share number equal to said lead trader share number plus said reduced follower share number ### Claim 10 (depends on 8) The method of claim 8 further including providing a graphical user interface to at least one of a follower computer and a lead trader computer using a dashboard generation system. ### Claim 11 (depends on 8) The method of claim 8 further including associating a follower identification with a lead trader identification using a lead trader-follower management system. ### Claim 12 (depends on 8) The method of claim 8 further including, in response to receiving said total trade share number, said exchange performs a first trade of a first number of shares at a first price and a second trade of a second number of shares at a second price, wherein said first number of shares plus said second number of shares equals said total trade share number. ### Claim 13 (depends on 12) The method of claim 12 further including receiving, at said trade determination system, said first number of shares, said first price, said second number of shares, and said second price, and; determining an average share price for the total trade share number. ### Claim 14 (depends on 13) The method of claim 13 further including recording said average share price as the share price for the trade in both said lead trader account database and said follower account database.