ANDREW J DAVIS
Electrician in Saint George, VT
License number
Massachusetts 8429
Expiration Date
Jun 30, 2012
Type
Electrical Engineer
Address
Address
Saint George, VT 05495
Professional information
System And Method For Optimizing The Number Of Units Of A Security Purchased Or Sold On A Periodic Basis
US Patent:
7003483, Feb 21, 2006
Filed:
Sep 15, 2000
Appl. No.:
09/663407
Inventors:
Andrew J. Davis - Williston VT, US
Assignee:
Sacco Company - Williston VT
International Classification:
G06F 17/60
US Classification:
705 36, 705 35, 705 37
Abstract:
A system and method for calculating a number of units of a security or other investment instrument to be traded periodically in a fluctuating market in a manner that optimizes the per-unit dollar value of the corresponding transaction. The system and method each comprise equations for calculating the number of units to be purchased or sold during each of a plurality of transaction periods based upon (1) a target amount of money for purchasing, or to be received from the sale of, the security during each transaction period, (2) a non-zero baseline unit price and (3) a current per unit price during the corresponding transaction period. In one embodiment, each equation further includes a gain control that, when all other variables are fixed, allows an investor to adjust the number of units traded to suit his or investment goals and/or to suit market conditions.