Systems and methods to create, compare, customize, promote, track, optimize and shop for portfolios of securities using social networks

Abstract

A system and associated method for conducting security transactions includes a client device with a client interface configured to receive a client buy, sell, sell short, or buy to cover order from a client. The client is associated with a social media network and has at least one social network friend. A host server is coupled to the client device and executes logic resources for carrying out transactions for the client. A pricing engine and an inventory account are included. A targets engine determines a target number of long and shorted shares of a security to be held by the inventory account. A social networking engine allows clients to share information for at least one of, portfolios, orders and investment ideas. The social networking engine allows users to execute securities transactions based on the shared information.

Description

CROSS-REFERENCE TO RELATED APPLICATION[0001]This application claims the benefit of U.S. Application No. 61 / 592,088 filed Jan. 30, 2012, and U.S. Application No. 61 / 608,479 filed Mar. 8, 2012, both of which applications are fully incorporated herein by reference.BACKGROUND OF THE INVENTION[0002]1. Field of the Invention[0003]The present invention relates generally to systems and methods for securities transactions, and more particularly to systems and methods for client securities transactions where a social networking engine allows clients to share information for at least one of, portfolios, orders and investment ideas, and the social networking engine allows users to execute securities transactions based on the shared information.[0004]2. Description of the Related Art[0005]Currently, investors are limited in the ways in which the can customize and shop for securities. Using existing systems, investors can purchase individual securities either online or through full service broker...

AI Technical Summary

Benefits of technology

[0010]Yet another object of the present invention is to provide systems and methods where clients can communicate, collaborate, and collectively build portfolios of securities.

[0013]Still another object of the present invention is to provide systems and where a client can create or customize lists of friends who are clients on the system and / or friends on one or more external social network sites.

[0014]These and other objects of the present invention are achieved in a system for conducting security transactions. A client device with a client interface is provided and configured to receive a client buy, sell, sell short, or buy to cover order from a client. The client is associated with a social media network and has at least one social network friend. A host server is coupled to the client device and executes logic resources for carrying out transactions for the client. A pricing engine and an inventory account are included. A targets engine determines a target number of long and shorted shares of a security to be held by the inventory account. A social networking engine allows clients to share information for at least one of, portfolios, orders and investment ideas. The social networking engine allows users to execute securities transactions based on the shared information.

[0015]In another embodiment of the present invention, a method for conducting security transactions provides a system with a client device with a client interface, an inventory account and a social networking engine. A client order is received. The social networking engine allows clients to share information for at least one of, portfolios, orders and investment ideas. The social networking engine allows users to execute securities transactions based on the shared information.

Problems solved by technology

Currently, investors are limited in the ways in which the can customize and shop for securities.

These portfolios, however, are standardized and do not offer the investor the opportunity to customize them in any way.

Existing systems also lack a variety of client-friendly features that would not only make investing more accessible to the average consumer, but at the same time provide powerful tools for creating and managing an investment portfolio.

For example, available tools fail to allow a client to create a thematic portfolio based on a particular idea, or to tag securities using an idea-based taxonomy.

Further, current systems generally display investment data in textual or tabular form, and do not provide the data in graphical forms that facilitate comparison or analysis of performance, risk, allocation, and other factors and statistics.

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