Stock simulation engine for an options trading game
August 18, 2020. Estimated Expiration Date is calculated based on simple USPTO term provisions. It does not account for terminal disclaimers, term adjustments, failure to pay maintenance fees, or other factors which might affect the term of a patent.Patent ReferencesSporting event options market trading game Business board game System and method for maintaining continuous and progressive game play in a computer network Automated portfolio management system with internet datafeed Methods and apparatus for determining or inferring influential rumormongers from resource usage data Stock option control and exercise system Global financial services integration system and process Method and system of financial spreading and forecasting Computer-implemented method and apparatus for portfolio compression Financial products having a demand-based, adjustable return, and trading exchange therefor InventorsAssigneeApplicationNo. 09640788 filed on 08/18/2000US Classes:463/9, In a game requiring strategy or problem solving by a participant (e.g., problem eliciting response, puzzle, etc.)273/278, Property or commodity transaction (e.g., stock market)273/256, Property or commodity transactions434/107BUSINESS OR ECONOMICSExaminersPrimary: Hotaling, II, John M.Attorney, Agent or FirmInternational ClassA63F 1300AbstractAn options simulation engine for an options trading game. The present invention comprises a game engine for keeping track of game time and game settings, an options market simulator for providing a real-world options trading environment, and a portfolio manager engine for keeping track of a player's portfolio. The options market simulator comprises a basic stock price generator for moving stock prices, a news/rumor generator for moving stock prices, and an options pricing generator for pricing options. The portfolio manager comprises an available cash/minimum balance mechanism for determining how much a player is charged for buying and/or selling options and stocks, and for maintaining a player's positions, a risk analysis mechanism for determining the amount of money a player can lose for any given stock or option, a margin requirements mechanism for keeping track of the minimum equity required in a player's account to support the player's total investment position, a profit and loss mechanism for determining a player's profit and loss throughout the game and on a weekly basis, and a trading rules/limitations mechanism that prevents a player from breaking a trading rule or exceeding a limitation during game play.Other References
Field of SearchINCLUDING MEANS FOR PROCESSING ELECTRONIC DATA (E.G., COMPUTER/VIDEO GAME, ETC.)Network type (e.g., computer network, etc.) In a game requiring strategy or problem solving by a participant (e.g., problem eliciting response, puzzle, etc.) Lot generator (e.g., card distribution, simulated dice, random number generator, etc.) Property or commodity transaction (e.g., stock market) Betting or wagering board (e.g., casino) BUSINESS OR ECONOMICS OCCUPATION SPECIFIC APPLICATION, APPARATUS OR PROCESS Contest or contestant analysis, management, or monitoring (e.g., statistical analysis, handicapping, scoring) Finance (e.g., banking, investment or credit) AUTOMATED ELECTRICAL FINANCIAL OR BUSINESS PRACTICE OR MANAGEMENT ARRANGEMENT Trading, matching, or bidding SIMULATING NONELECTRICAL DEVICE OR SYSTEM | |
