Securities market and market marker activity tracking system and method
OwnerStephen Cutlerinventor
Life of this patent
Estimating the term…
Abstract
A method, system and computer program to monitor securities market activity to seek out imbalances in market activity that could lead to a price change in a particular security. Level 1 and/or level 2 data is analyzed to track the activity of market makers and to derive indicators of momentary upward or downward price pressure. The indicators associated with each selected security are displayed to a user.
Claims32
A method of tracking a plurality of symbols relating to securities traded on at least one common exchange, comprising:
- receiving with an electronic data receiver a dynamically updated data stream containing level 1 data relating to the plurality of symbols traded over the at least one exchange, the level 1 data including at least a current trade price of each symbol;
- counting with an electronic processor configured to execute logic the number of times each symbol achieves a new intra-session trading price high to determine a high count value;
- and
- counting with the processor the number of times each symbol achieves a new intra-session trading price low to determine low count value;
- wherein the high count value and the low count value function as indicators of a trending type trading day for each of the plurality of symbols.
A method of tracking a plurality of symbols relating to securities traded on at least one common exchange during a trading session, comprising:
- Receiving with an electronic data receiver a dynamically updated data stream containing level 1 data relating to the plurality of symbols traded over the at least one exchange, the level 1 data including at least a current trade price symbol;
- determining for each symbol and updated based on the updated data stream, with an electronic processor configured to execute logic, a rank value of how close the current trade price is to at least one of an intra-session trading price high and an intra-session trading price low, for the trading session, wherein the trading session is a current trading day from the opening trade up to the current trade;
- and
- Updating the rank value for each new trade of each symbol during the trading session;
- Wherein the rank value functions as a real time indicator of the relationship between the current trade price for a symbol and the intra-session trading price high and the intra-session trading price low for each of the plurality of symbols.
A system for tracking a plurality of symbols relating to securities traded on at least one common exchange, comprising:
- an electronic data receiver for receiving a dynamically updated data stream containing level 1 data relating to the plurality of symbols traded over the at least one exchange, the level 1 data including at least a current trade price of each symbol;
- and
- an electronic processor for executing logic to count the number of times each symbol achieves a new intra-session trading price high to determine a high count value, and count the number of times each symbol achieves a new intra-session trading price low to determine a low count value;
- wherein the high count value and the low count value function as indicators of a trending type trading day for each of the plurality of symbols.
A system of tracking a plurality of symbols relating to securities traded on at least one common exchange during a trading session, comprising:
- an electronic data receiver for receiving a dynamically updated data stream containing level 1 data relating to the plurality of symbols traded over the at least one exchange, the level 1 data including at least a current trade price symbol;
- and
- an electronic processor for executing logic to determine for each symbol and updated based on the updated data stream a rank value of how close the current trade price is to at least one of an intra-session trading price high and an intra-session trading price low, for the trading session, wherein the trading session is a current trading day from the opening trade up to the current trade;
- and
- Update the rank value for each new trade of each symbol during the trading session;
- Wherein the rank value functions as a real time indicator of the relationship between the current trade price for a symbol and the intra-session trading price high and the intra-session trading price low for each of the plurality of symbols.
Dependencies are inferred from the claim text.