KR20210042881A - A method for controlling fractional share trading, and apparatus therefore - Google Patents

Abstract

According to an embodiment of the present invention, provided is a control device for partial stock trading control to enable an order by a unit less than one week through a wired/wireless network. The control device comprises: a transceiver for sending and receiving stock trading order information with a user device or a third-party mediating agency; and a processor for processing the stock trading order information and providing an order interface for processing the stock trading order information to the user device or the third-party mediating agency.

Description

TECHNICAL FIELD A method for controlling fractional share trading, and apparatus for the same

The present invention relates to a partial stock trading control and an apparatus therefor, and more particularly, to a partial stock trading control method capable of trading stocks of less than one share and an apparatus therefor.

In general, stocks are traded on a weekly basis, so that issues related to stock rights, such as dividends, split/merger of stocks, tax, increase, etc. do not arise. Nevertheless, services for stock trading in units of less than one week are being provided on the market, and there are various problems that have not been solved.

The present invention is to solve such a problem, and an object of the present invention is to provide a method for controlling partial stock trading through stock trading in units of less than one share and an apparatus therefor. In addition, through such a partial stock trading control method and a device for the same, it is intended to provide a partial stock investment method.

The tasks to be solved to be achieved in the present invention are not limited to the tasks to be solved, and other tasks not mentioned can be clearly understood by those of ordinary skill in the art from the following description. There will be.

In a control device for controlling partial stock trading order information that enables orders of less than one week through a wired/wireless network according to an embodiment of the present invention, the device is a user device or a third intermediary agency and stock trading A transceiver for transmitting and receiving order information; And a processor for processing the stock transaction order information and providing an order interface for processing the stock transaction order information to the user device or a third intermediary agency, wherein the processor includes a preset time through the transceiver. While receiving purchase order information for stock items from at least one user device, the purchase order information includes a purchase order of a transaction amount of a predetermined amount for one or more stock items, and each of the one or more stock items On the other hand, it is determined whether self-purchase is necessary based on the transaction amount corresponding to the purchase order information collected during the preset time and the expected execution price of the stock item, and the self-purchase price for at least one of the one or more stock items If deemed necessary, determine the self-purchase amount or the self-purchase number of stocks for each of the at least one stock item, and, if the aggregated purchase order information or self-purchase is necessary, the determined self-purchase amount or the self-purchase stock number. The reflected purchase order information is divided into one or more time points and transmitted to the third intermediary through the transceiver, and the division into two or more time points of the purchase order information transmission is the difference between the expected execution price and the actual execution price. It may be to reduce it.

Additionally or alternatively, the transaction amount of at least one of the purchase order information collected during the preset time may indicate a transaction including the number of stocks less than 1 for at least one of the one or more stock items.

Additionally or alternatively, the purchase order information transmitted to the third brokerage agency may include a purchase order for a quantity of one or more integer units for all stock items.

Additionally or alternatively, the number of corresponding stocks corresponding to the determined self-purchase amount or the determined self-purchase stock may be less than one.

Additionally or alternatively, the control device may control the stock balance to hold one or more shares of each of the one or more stock items before transmitting the purchase order information to the third intermediary.

Additionally or alternatively, the purchase order information may include at least one of a purchase period or a purchase amount readjustment period for the one or more stock items.

Additionally or alternatively, the purchase order information may include a transaction amount of the entire purchase order and a ratio of each of the one or more stock items within the transaction amount of the total purchase order.

Additionally or alternatively, the purchase order information may include at least one of a purchase period for the one or more stock items or a readjustment period of the ratio.

In a control device for controlling partial stock trading order information that enables orders of less than one week through a wired/wireless network according to another embodiment of the present invention, the device comprises a user device or a third intermediary agency. A transceiver for transmitting and receiving stock transaction order information; And a processor for processing the stock transaction order information and providing an order interface for processing the stock transaction order information to the user device or a third intermediary agency, wherein the processor includes a preset time through the transceiver. While receiving purchase order information in units of the number of stocks for stock items from at least one user device, the purchase order information instructs a transaction including the number of stocks less than 1 for one or more stock items, and the one or more stocks For each stock, it is determined whether or not self-purchase is necessary based on the number of stocks corresponding to the purchase order information collected during the preset time period and the expected execution price of the stock item, and for at least one of the one or more stock items If it is determined that the self-purchase is necessary, the self-purchase amount or the self-purchased number of stocks is determined for each of the at least one stock item, and if the collected purchase order information or self-purchase is necessary, the determined self-purchase amount or self-purchase The purchase order information reflecting the number of shares to be bought is divided at a time or at two or more times and transmitted to the third intermediary agency through the transceiver, and the division of the purchase order information transmission at two or more times is the expected execution price and the actual execution. It may be to reduce the price difference.

In a control device for controlling partial stock trading order information that enables orders of less than one week through a wired/wireless network according to another embodiment of the present invention, the device comprises a user device or a third intermediary agency. A transceiver for transmitting and receiving stock transaction order information; And a processor for processing the stock transaction order information and providing an order interface for processing the stock transaction order information to the user device or a third intermediary agency, wherein the processor includes a preset time through the transceiver. While receiving the sell order information for the stock item from at least one user device, the sell order information includes a sell order of a transaction amount of a predetermined amount for one or more stock items, and each of the one or more stock items On the other hand, based on the transaction amount corresponding to the sell order information collected during the preset time period, the expected execution price of the stock item, and information on the own stocks, it is determined whether or not self-purchase is necessary, and the one or more stock items If it is determined that self-purchase is necessary for at least one of, the self-purchase amount or the self-purchased number of stocks for each of the at least one stock item is determined, and the at least one corresponding to the determined self-purchase amount or the self-purchased number of stocks The purchase order information for the stock items of is transmitted to a third intermediary, and the sell order information reflecting the own stock or a part thereof, or the self-obtained purchase order information when the self-buying is required. The sell order information reflecting a part of the buy stock is divided into one or two or more times and transmitted to a third intermediary agency through the transceiver, and the division into two or more times of the transfer of the sell order information is the expected execution price and the actual It may be to reduce the difference in execution price.

Additionally or alternatively, the transaction amount of at least one of the sell order information collected during the preset time may indicate a transaction including the number of shares of less than 1 for at least one of the one or more stock items.

In a control device for controlling partial stock trading order information that enables orders of less than one week through a wired/wireless network according to another embodiment of the present invention, the device comprises a user device or a third intermediary agency. A transceiver for transmitting and receiving stock transaction order information; And a processor for processing the stock transaction order information and providing an order interface for processing the stock transaction order information to the user device or a third intermediary agency, wherein the processor includes a preset time through the transceiver. While receiving the sell order information in units of the number of stocks for the stock item from at least one user device, the sell order information instructs a transaction including the number of stocks less than 1 for one or more stock items, and the one or more stocks For each stock, it is determined whether or not self-purchase is necessary based on the information on the number of stocks corresponding to the sell order information collected during the preset time period, the expected execution price of the stock item, and the number of own stocks, and the above If it is determined that self-purchase is necessary for at least one of one or more stock items, the self-purchase amount or the number of self-purchased stocks for each of the at least one stock item is determined, and the determined self-purchase amount or the number of self-purchased stocks is corresponding Transmits the purchase order information for the at least one stock item to be transferred to a third intermediary, and if the self-owned stock or a part thereof is reflected, or the transmitted purchase order information when the self-purchase is required. The sale order information, which reflects a part of the self-purchased stock acquired through, is divided into one or more times and transmitted to a third intermediary agency through the transceiver, and the division into two or more times of the transmission of the sell order information is concluded. This may be to reduce the difference between the expected price and the actual execution price.

In a method for controlling partial stock trading order information that enables orders of less than one week through a wired/wireless network according to another embodiment of the present invention, the method is performed by a control device for controlling partial stock trading, and Receiving, by the device, purchase order information for stock items from at least one user for a preset time, wherein the purchase order information includes a purchase order of a transaction amount in a unit of a predetermined amount for one or more stock items; Determining whether a self-purchase is necessary for each of the one or more stock items based on a transaction amount corresponding to the purchase order information collected during the preset time period and an expected execution price of the stock item; Determining a self-purchase amount or a self-purchased number of stocks for each of the at least one stock item when it is determined that the self-purchase is necessary for at least one of the one or more stock items; And when the aggregated purchase order information or self-purchase is required, transmitting the purchase order information reflecting the determined self-purchase amount or the self-purchased number of stocks at one time or at two or more time points to a third intermediary agency or an exchange. In addition, the division of the purchase order information transmission into two or more times may be for reducing a difference between the expected execution price and the actual execution price.

Additionally or alternatively, the transaction amount of at least one of the purchase order information collected during the preset time may indicate a transaction including the number of stocks less than 1 for at least one of the one or more stock items.

In a method for controlling partial stock trading order information that enables orders of less than one week through a wired/wireless network according to another embodiment of the present invention, the method is performed by a control device for controlling partial stock trading, and And receiving sell order information for stock items from at least one user for a preset time, wherein the sell order information includes a sell order of a transaction amount in a unit of a predetermined amount for one or more stock items; For each of the one or more stock items, determine whether or not self-purchase is necessary based on the transaction amount corresponding to the sell order information collected during the preset time period, the expected execution price of the stock item, and information on the own stocks. The step of doing; Determining a self-purchase amount or a self-purchased number of stocks for each of the at least one stock item when it is determined that the self-purchase is necessary for at least one of the one or more stock items; Transmitting purchase order information for the at least one stock item corresponding to the determined self-purchase amount or the self-purchase stock number to a third intermediary agency; And the sell order information reflecting the own stock or a part thereof, or if the self-purchase is necessary, the sell order information reflecting the part of the self-purchase stock obtained through the transmitted purchase order information at one time or at two or more times. Transmitting to a third intermediary agency or an exchange, and the division of the sell order information transmission into two or more times may be for reducing a difference between the expected execution price and the actual execution price.

Additionally or alternatively, the transaction amount of at least one of the sell order information collected during the preset time may indicate a transaction including the number of shares of less than 1 for at least one of the one or more stock items.

The above problem solving methods are only some of the embodiments of the present invention, and various embodiments reflecting the technical features of the present invention are based on the detailed description of the present invention, which will be described below by those of ordinary skill in the art. Can be derived and understood.

According to the present invention, a user can order a stock trading transaction in units of less than one week, and accordingly, can hold stocks in units of less than one week, and rights problems related to stocks may not occur.

In addition, even if stocks are ordered in units of less than one share for a given amount, the amount of unsettled stocks can be minimized, and almost all listed stocks can be bought and sold for small amounts.

Since it is possible to process orders in real time as well as orders (window trading) through aggregating stock orders from multiple users, it is possible to provide users with more diverse ways of stock investment.

In addition, all stocks corresponding to a sector or theme can be bought and sold with one click, and accumulation and automatic re-balancing (re-balancing) are also possible.

The effects that can be obtained in the present invention are not limited to the above-mentioned effects, and other effects not mentioned can be clearly understood by those of ordinary skill in the art from the following description. will be.

BRIEF DESCRIPTION OF THE DRAWINGS The accompanying drawings, which are included as part of the detailed description to aid in understanding of the present invention, provide embodiments of the present invention, and together with the detailed description, the technical spirit of the present invention will be described.
1 is a view for explaining a partial stock trading control method according to an embodiment of the present invention.
2 is a diagram illustrating processing of a partial stock purchase order including self-dealing according to an embodiment of the present invention.
3 is a diagram illustrating processing of a partial stock purchase order that does not involve self-dealing according to an embodiment of the present invention.
4 is a diagram illustrating processing of a partial stock purchase order that does not involve self-dealing according to an embodiment of the present invention.
5 is a diagram illustrating processing of an order to sell partial stocks including self-dealing according to an embodiment of the present invention.
6 is a diagram illustrating a processing of an order to sell a partial stock that does not involve self-dealing according to an embodiment of the present invention.
7 is a diagram illustrating a processing of an order to sell a partial stock that does not involve self-dealing according to an embodiment of the present invention.
8 is a diagram illustrating a processing of an order to sell a partial stock that does not involve self-dealing according to an embodiment of the present invention.
9 is a diagram for processing a real-time partial stock purchase order according to an embodiment of the present invention.
10 and 11 illustrate a user interface or an order window for sector investment using the buy order method according to the above-described embodiment.
12 is a block diagram of a control device for controlling partial stock trading according to an embodiment of the present invention.

Hereinafter, embodiments of the present invention will be described with reference to the accompanying drawings. However, the present invention is not limited to the embodiments described in the present specification, and may be implemented in various different forms. The terms used in the present specification are intended to aid understanding of the embodiments, and are not intended to limit the scope of the present invention. In addition, the singular forms used below also include plural forms unless the phrases clearly indicate the opposite meaning.

Below, we will explain how to control partial stock sales (sell partial stock order information or buy partial stock order information). The content to be described below is a control method, but the control method may be performed or executed by a specific device, software, module, or a combination thereof.

For convenience, the embodiment is described using the expression "customer", but the customer is only a name and may be used interchangeably with a user, an orderer, and a buyer. In addition, in the aspect to which the present invention is actually applied, stock trading orders of customers, etc., are made through electrical or electronic signal processing, so in reality, it may be referred to as a user device or terminal, an order device or terminal, a stock trading device or terminal, etc. The present invention may be implemented through a device, a terminal, a computer, a processor, or the like.

In addition, the "intermediary agency" is also a subject that processes the trading order information of customers, etc., and in the embodiment to which the present invention is applied, the stock trading order information of customers, etc. is controlled through electric or electronic signal processing. The present invention may be implemented through a device, a terminal, a computer, a processor, etc., which may be referred to as a terminal, an order control device or terminal, a stock trading device or a terminal, and the like.

In addition, although the embodiments to be described below have been described by exemplifying only specific stock items, purchase or sell order information for a plurality of stock items may be processed. Accordingly, of course, the processing of buy order information or control of buy order information for one or more stock items and the control of sell order information processing or sell order information for one or more stock items are combined to form a single embodiment to form a scope of rights. It will be possible. In other words, the scope of the present invention may be extended to a combination of two or more embodiments to be described below.

1 is a diagram illustrating processing of partial stock purchase order information including self-dealing. In this specification, the term "self-selling" means an act of acquiring stocks by itself in order to process the received trading order by an intermediary agency that has received a trading order from a customer or a user. Since buying or selling is included in the trading, "self trading" may be expressed as "self buying" or "self selling" according to the trading behavior.

The embodiment described with reference to FIG. 1 relates to a case where purchase order information in units of "amount" is received from a customer or a user. For example, the table below shows customer buy order information for a particular stock item (eg, referred to as US Stock A).

The price (market price) of the US stock A is assumed to be KRW 200,000 per share at the time of order, and the price may be referred to as the expected execution price. For example, the lowest price among the asking prices for selling may be the expected execution price, and the expected execution price may be preferably the lowest possible order execution in the market. In addition, although the purchase order amount of each customer is illustrated in units of 10,000 won, the embodiment of the present invention can be applied even in smaller units, for example, 1,000 won, 500 won, or 100 won. In addition, in the table below, the rightmost column (number of shares after transaction) is information that is unknown at the time customers enter order information, and corresponds to the number of shares that are actually calculated after the order is concluded. Although the number of stocks calculated after the conclusion of the order is illustrated with two decimal places, an embodiment of the present invention may be applied even with a smaller unit, for example, three decimal places or four decimal places.

Expected execution price = KRW 200,000 division Buy Order (Won, KRW) (S11) Number of shares after transaction (S14) Customer 1 50,000 0.25 Customer 2 200,000 1.00 Customer 3 100,000 0.50 Customer 4 50,000 0.25 Customer 5 20,000 0.10 Sum 420,000 2.10

Customers or users 10 may input order information to the brokerage agency 20 by designating an amount to be purchased for the stock items they wish to purchase (US stock A). Such purchase order information may be transmitted to a device or terminal of an intermediary agency (eg, a securities company) through a device or terminal, as described above. For reference, the amount to be purchased is not the price per share of U.S. stock A, but refers to the amount that a specific customer or user wants to invest in U.S. stock A, and is described in this specification for this purpose, and is intended to facilitate understanding. I want to. The intermediary agency may receive or aggregate purchase order information in which the amount of customers for US stock A is specified for a predetermined period or time (S11). Based on the order amount corresponding to the received or aggregated purchase order information and the expected execution price (p) of US stock A, the intermediary agency may determine the self-purchase amount or the self-purchase stock number. More specifically, dividing the order amount by the expected execution price of U.S. stock A, the number of shares of U.S. stock A to be allocated or allocated to customers or users (a) is determined, and the determined number of shares of U.S. stock A is rounded up. The number of shares (b, integer) of U.S. stock A to be included in the purchase order information to be transmitted to a third intermediary through (ceiling) may be determined. In the end, the difference (ba=c) between the number of US stocks A included in the purchase order information to be transmitted to the third brokerage agency 30 and the number of US stocks A that will be allocated or distributed to customers or users (ba=c) is determined by the brokerage agency. It corresponds to the number of shares that are self-purchased, and the corresponding amount may correspond to the amount of self-purchased.

Alternatively, based on the order amount corresponding to the received or collected purchase order information and the expected execution price (p) of US stock A, the intermediary agency may determine whether self-purchase or self-purchase is necessary. If it is determined that self-purchase or self-purchase is necessary, the intermediary may determine the self-purchase amount or self-purchase quantity according to the determination/calculation method described above, or the stock of U.S. stock A to be included in the purchase order information to be transmitted to the third intermediary. You can decide the number.

Accordingly, the intermediary agency transmits the purchase order information for US stock A to the third intermediary agency (S12), and the order information includes the content that the US stock A is to be purchased for b stocks at the expected execution price (p). I can. That is, the purchase order information transmitted to the third intermediary agency may include an amount or a purchase amount that is greater than the stock purchase amount or the stock purchase amount included in the purchase order information received or collected from the customers or users. When a purchase order is concluded, the intermediary agency may receive purchase order execution confirmation information for stock b for US stock A from a third intermediary agency (S13).

Then, the intermediary agency may check the number of stocks of the customers or users and their own based on the purchase order execution confirmation information. Accordingly, the intermediary agency may transmit execution confirmation information corresponding to the purchase order information to each of the customers or users (S14), and at this time, the number of U.S. stocks A to be held by each customer or user Information can be transmitted. That is, stocks purchased and concluded in response to the purchase order information transmitted to the third intermediary agency may be distributed or distributed to each customer or user. Meanwhile, the stocks distributed to the customers or users may be some of the stocks that have been signed in response to the purchase order information transmitted to the third intermediary agency.

As explained above, the number of shares (a) of U.S. stock A to be allocated or distributed to customers or users is actually established after the purchase order is concluded (i. The processing related to the number of stocks concluded in response to the purchase order information in the securities account of each customer or user, and the brokerage agency, and the settlement of the trading price are not mentioned in the present invention.

When described using a specific example of Table 1, US stock A of 420,000 won purchase order information can be collected from a total of five customers (S11). The estimated price of the purchase order for US Stock A is KRW200,000, so 2.10 US Stock A is required. Since stock trading orders in the actual stock market are possible for an integer number of stocks equal to or greater than 1, applying the rounding operation to 2.10 will yield 3, which is the third brokerage of the 3-week purchase order information for US stock A. This means that it must be sent to the institution. That is, the 3-week purchase order for US stock A may include a purchase order for 2.10 shares collected from customers and a purchase order for 0.90 shares, which is a target of self-purchase (purchase). Accordingly, information on a 3-week purchase order for US stock A may be transmitted to a third intermediary agency (S12). In other words, the purchase order information transmitted to the third intermediary agency may include an amount or a purchase amount greater than the purchase amount or stock purchase amount included in the purchase order information received or collected from the customers or users. When the buy order is concluded, information on confirming the conclusion of the three-week purchase order for US stock A may be received (S13). The brokerage agency may allocate or allocate 2.10 shares to the customers in accordance with the buy order out of the three shares for US stock A (S14), and the rest is held by itself. That is, the stocks distributed or distributed to the customers or users may be some of the stocks that have been purchased and concluded in response to the purchase order information transmitted to the third intermediary agency.

According to the above embodiment, the sum of the number of partial stocks held by customers or users and the number of partial stocks held by the brokerage agency at a specific point in time (after the purchase order is concluded according to the purchase order information transmitted to the third brokerage agency) It can be an integer (>=1). Accordingly, even if each customer or user owns a portion of stock that is less than 1, dividends (cash, stocks, etc.) can be distributed on an integer basis (i.e., on a per share basis) on each basis of calculation. ), issues related to free increase and reduction, division/merger of stocks, mergers and acquisitions of holdings, tax, etc., will be handled no differently from existing (when each customer or user owns q (an integer greater than = 1) shares). I can. In addition, according to the above embodiment, the intermediary agency has a characteristic of holding up to one share of a specific stock through self-purchase.

On the other hand, since the purchase order information from the customers does not specify the price of the US stock A, the customers may be subject to a price risk. For example, when the brokerage agency transmits the buy order information to a third brokerage agency, if the price of U.S. stock A is soaring, the customer expects the number of stocks to be executed and the number of stocks that are actually ordered at the time the purchase order information is transmitted. The difference can be relatively large. Accordingly, the intermediary agency may transmit the purchase order information to be transmitted to the third intermediary agency by dividing it into two or more time points. The buy order at each time point may be equal at all times, or it may be determined by the fluctuations in the price of U.S. stock A.

On the other hand, unlike the example in Table 1, if the sum of the order amount for the purchase order information of all customers collected over a certain period is equal to or a multiple of the expected execution price of US stock A, self-purchase may not be necessary. have. In this case, the purchase order information that matches the purchase order information of all the customers may be transmitted to the third intermediary agency.

2 is a diagram showing the processing of a partial stock purchase order including self-dealing. The embodiment described with reference to FIG. 2 relates to a case where purchase order information in units of "weeks" is received from a customer or a user. For example, a table to be described below shows buy order information for customers' specific stock stocks (eg, referred to as US Stock A). In addition, a flow of information transmission between a customer or a user, an intermediary agency, and a third intermediary agency is similar to the flow of information transmission in FIG. 1.

The price of the US stock A is assumed to be KRW 200,000 per share at the time of order execution, and the price may be referred to as the expected execution price. For example, the lowest price among the asking prices for selling may be the expected execution price, and the expected execution price may be preferably the lowest possible order execution in the market. In addition, although the number of purchase orders (quantity) of each customer is illustrated with two decimal places, an embodiment of the present invention may be applied to a smaller unit, for example, three decimal places or four decimal places. In addition, in the table, the rightmost column (transaction amount) is information that is unknown when customers enter order information, and corresponds to the transaction amount calculated when the order is actually executed.

Expected execution price = KRW 200,000 division Buy Order (Note) (S21) Transaction amount (S24) Customer 1 0.25 50,000 Customer 2 1.00 200,000 Customer 3 0.50 100,000 Customer 4 0.25 50,000 Customer 5 0.10 20,000 Sum 2.10 420,000

Customers or users 10 may input purchase order information to the brokerage agency 20 by designating the number of stocks to be purchased for the stock items they wish to purchase (US stock A). Such purchase order information may be transmitted to a device or terminal of an intermediary agency (eg, a securities company) through a device or terminal, as described above. For reference, the number of stocks to be purchased corresponds to the number of "partial stocks" including not only integers but also decimal places. For example, a buy order for a number of stocks less than 1, such as customer 1, is also possible, and although not illustrated, a buy order for a quantity of stocks that is greater than 1, such as 1.20, but expressed as a number having a decimal place, is also possible. The intermediary agency may receive or collect purchase order information in which the quantity of customers for US stock A is specified for a predetermined period or time (S21). Based on the purchase order quantity (a') corresponding to the received or aggregated purchase order information or the expected execution price (p) of the US stock A, the intermediary agency may determine the number of stocks to be purchased or the amount to be purchased. In more detail, the number of stocks (b') of US stock A to be included in the purchase order information to be transmitted to the third intermediary 30 through a ceiling operation on the collected purchase quantity may be determined. In the end, the difference between the number of stocks of U.S. stock A (b') included in the purchase order information to be transmitted to the third intermediary and the number of purchase orders (a') collected from customers or users (b'-a' = c ') corresponds to the number of self-purchased stocks of the intermediary agency, and the corresponding amount may correspond to the self-purchased amount.

Accordingly, the intermediary agency transmits the purchase order information for US stock A received or collected to the third intermediary agency (S22), and the purchase order information is b'share as the expected price (p) of US stock A. It may include content that you want to buy. That is, the purchase order information transmitted to the third intermediary agency may include an amount or a purchase amount that is greater than the stock purchase amount or the stock purchase amount included in the purchase order information received or collected from the customers or users. When a purchase order is concluded, the brokerage agency may receive a purchase conclusion confirmation for stock b'for US stock A from a third brokerage agency (S23).

Then, the intermediary agency can check the number of its own shares with the customers or users. Accordingly, the intermediary agency may transmit purchase agreement confirmation information corresponding to the purchase order information to each of the customers or users (S24), and at this time, the number of U.S. stocks A to be held by each customer or user Information can be transmitted. That is, stocks purchased and concluded in response to the purchase order information transmitted to the third intermediary agency may be distributed or distributed to each customer or user. Meanwhile, the stocks distributed or distributed to the customers or users may be some of the stocks that have been purchased and concluded in response to the purchase order information transmitted to the third intermediary agency.

As described above, the transaction amount for each buy order is actually determined after the purchase order is concluded (i.e., after the transaction). The processing related to the number of stocks concluded in response to the purchase order information in the securities account of each customer or user, and the brokerage agency, and the settlement of the trading price are not mentioned in the present invention.

When described using a specific example of Table 2, purchase order information for 2.10 shares of US stock A may be collected from a total of five customers (S21). The expected execution price for US stock A is 200,000 won, so the expected transaction amount is 420,000 won. Since stock trading orders in the actual stock market are possible for an integer number of stocks equal to or greater than 1, applying the rounding operation to 2.10 will yield 3, which is the third brokerage of the 3-week purchase order information for US stock A. This means that it must be sent to the institution. That is, the 3-week purchase order for US stock A may include a purchase order for 2.10 shares collected from customers and a purchase order for 0.90 shares, which is a target of self-purchase (purchase). Accordingly, information on a 3-week purchase order for US stock A may be transmitted to a third intermediary agency (S22). In other words, the purchase order information transmitted to the third intermediary agency may include an amount or a purchase amount greater than the purchase amount or stock purchase amount included in the purchase order information received or collected from the customers or users.

When a purchase order is concluded in response to the transmitted purchase order information, information on confirming the conclusion of a 3-week purchase order for US stock A may be received from a third intermediary agency (S23). The brokerage agency may allocate or allocate 2.10 shares to the customers in accordance with the purchase order quantity out of the three shares for US stock A (S24), and the rest are held by itself. That is, the stocks distributed or distributed to the customers or users may be some of the stocks concluded in response to the purchase order information transmitted to the third intermediary agency.

According to the above embodiment, the sum of the number of partial stocks held by customers or users and the number of partial stocks held by the brokerage agency at a specific point in time (after the purchase order is concluded according to the purchase order information transmitted to the third brokerage agency) It can be an integer (>=1). Accordingly, even if each customer or user owns a portion of stock that is less than 1, dividends (cash, stocks, etc.) can be distributed on an integer basis (i.e., on a per share basis) on each basis of calculation. ), issues related to free increase and reduction, division/merger of stocks, mergers and acquisitions of holdings, tax, etc., will be handled no differently from existing (when each customer or user owns q (an integer greater than = 1) shares). I can.

On the other hand, since the purchase order information from the customers does not specify the price of the US stock A, the customers may be subject to a price risk. For example, when an intermediary agency transmits the purchase order information to a third intermediary agency, if the price of U.S. stock A surges, the difference between the expected execution price at the time of transmission of the purchase order information and the actual order execution price by the above customers It can be relatively large. Accordingly, the intermediary agency may transmit the purchase order information to be transmitted to the third intermediary agency by dividing it into two or more time points. The buy order at each time point may be equal at all times, or it may be determined by the fluctuations in the price of U.S. stock A.

On the other hand, unlike the example of Table 2, when the sum of the number of stocks ordered for the purchase order information of all customers collected over a certain period is an integer, self-purchase may not be necessary. In this case, the purchase order information that matches the purchase order information of all the customers may be transmitted to the third intermediary agency. In the description related to FIGS. 1 and 2, the reason for self-trading is to process all orders of customers without omission, and when self-trading is not accompanied, non-trading orders may occur as in the examples of FIGS. 3 and 4 to be described later. .

3 shows the processing of a partial stock purchase order that does not involve self-trading. The embodiment described with reference to FIG. 3 relates to a case where purchase order information in units of "amount" is received from a customer or a user. For example, a table to be described below shows buy order information for customers' specific stock stocks (eg, referred to as US Stock A). In addition, a flow of information transmission between a customer or a user, an intermediary agency, and a third intermediary agency is similar to the flow of information transmission in FIG. 1.

The price of the US stock A is assumed to be KRW 200,000 per share at the time of order execution, and the price may be referred to as the expected execution price. For example, the lowest price among the asking prices for selling may be the expected execution price, and the expected execution price may be preferably the lowest possible order execution in the market. In addition, although the purchase order amount of each customer is illustrated in units of 10,000 won, the embodiment of the present invention can be applied even in smaller units, for example, 1,000 won, 500 won, or 100 won. In addition, in the table below, the rightmost column (number of shares after transaction) is information that is unknown at the time customers enter order information, and corresponds to the number of shares that are actually calculated after the order is concluded.

Expected execution price = KRW 200,000 division Buy Order (Won, KRW) (S31) Number of shares after transaction (S34) Customer 1 50,000 0.25 Customer 2 200,000 1.00 Customer 3 100,000 0.50 Customer 4 50,000 0.25 Customer 5 20,000 0.10 Order total 420,000 2.10 Total processing (fastening) 400,000 2.00

Customers or users 10 may input purchase order information to the intermediary agency 20 by designating an amount to be purchased for the stock items they wish to purchase (US stock A). Such purchase order information may be transmitted to a device or terminal of an intermediary agency (eg, a securities company) through a device or terminal, as described above. For reference, the amount to be purchased is not the price per share of U.S. stock A, but refers to the amount that a specific customer or user wants to invest in U.S. stock A, and is described in this specification for this purpose, and is intended to facilitate understanding. I want to. The intermediary agency may receive or collect purchase order information in which the amount of customers for US stock A is specified for a predetermined period or time (S31). Based on the order amount corresponding to this received or aggregated buy order information and the expected execution price (p) of U.S. Stock A, the intermediary agency determines the number of U.S. stock A shares to be included in the buy order information to be transmitted to the third intermediary. You can decide.

More specifically, when the aggregated order amount is divided by the expected execution price of U.S. Stock A, the number of shares of U.S. Stock A included in all purchase order information received from the customers or users (d) is determined. The number of shares of the US stock A (e) to be included in the buy order information to be transmitted to the third intermediary through a floor operation (floor) of the determined number of stocks (d) of the US stock A may be determined. In this embodiment, since the brokerage agency does not support self-purchase, the decimal place of the stock number d of the US stock A is not included in the purchase order information to the third brokerage agency 30. In the end, the number of shares of U.S. stock A included in all buy order information received from the customers or users (d) and the number of shares of U.S. stock A included in the buy order information to be transmitted to a third-party intermediary (e). Stocks or orders corresponding to the difference (de=f) remain open.

Accordingly, the intermediary agency transmits the purchase order information for US stock A received or collected to the third intermediary agency (S32), and the purchase order information is e-share purchase at the expected price (p) of US stock A. You can include what you want to do. That is, the purchase order information transmitted to the third intermediary agency may include a purchase amount or an amount less than the purchase amount or purchase amount included in the received or aggregated purchase order information.

When a purchase order is concluded, the intermediary agency may receive purchase order execution confirmation information for e-shares for US stock A from a third intermediary agency (S33). Then, the intermediary agency may check the number of stocks of the customers or users, and the intermediary agency may transmit a confirmation of the purchase order information to each of the customers or users (S34). In this case, information on the number of US stocks A to be held by each customer or user may be transmitted, and the confirmation of the contract may include information on the order information in the non-trade state described above.

A method of selecting or selecting the order information in the unsettled state will be described. As described above, according to the present embodiment, it is necessary to process information on a stock purchase order of f shares as non-trading. For the f-week period, purchase order information may not be transmitted to the third intermediary agency. In the simplest way, if there is f-week purchase order information as single purchase order information, the purchase order information can be classified as open order information, and if there are multiple f-week purchase order information among the aggregated purchase order information, Among the two, the latest input purchase order information can be classified as open order information. If, among the aggregated buy order information, there is buy order information of less than f weeks, enter the latest buy order information of less than f weeks until the total number of shares of the order information classified as open order information reaches f shares. The purchased order information is classified as non-traded orders, but a part of the order quantity in the last purchase order information can be classified as non-traded orders. In addition, if the total number of stocks is not f-weeks with only the purchase order information of less than f weeks, additionally, a part of the order quantity of the latest purchase order information entered in the purchase order information exceeding f-weeks can be classified as non-trading order information. . If, among the aggregated buy order information, there is no buy order information of less than f weeks (i.e., all order information is a buy order exceeding f weeks), a portion of the order quantity of the last entered buy order information is not counted. It can be classified as a closed order.

As explained above, the number of shares in US Stock A that customers or users will hold is actually established after the purchase order is executed (i.e., after the transaction). The processing related to the number of stocks concluded in response to the purchase order information in the securities account of each customer or user, and the brokerage agency, and the settlement of the trading price are not mentioned in the present invention.

Using the specific example of Table 3, the purchase order information of US stock A worth 420,000 won may be collected from a total of 5 customers (S31). Since the expected price of the purchase order for US stock A is KRW200,000, a buy order for 2.10 US stock A has been entered. In the actual stock market, a stock trading order is possible for an integer number of stocks greater than or equal to 1, but since self-sale is not supported in this embodiment, the purchase order information for 0.10 out of 2.10 shares is processed as non-trading. This means that the two-week buy order information for US stock A must be transferred to a third-party intermediary. Accordingly, information on a two-week purchase order for US stock A may be transmitted to a third intermediary agency (S32). That is, the purchase order information transmitted to the third intermediary agency may include a purchase amount or an amount less than the purchase amount or purchase amount included in the received or aggregated purchase order information.

When a purchase order is concluded in response to the transmitted purchase order information, information confirming the execution of a two-week purchase order for US stock A may be received from a third intermediary agency (S33). The brokerage agency may allocate or allocate 2 shares for US stock A to the customers or users in accordance with the buy order (S34), and information is provided to the customer or user for orders for 0.10 shares that have not been outstanding. Can be. According to the method of determining the non-trading order described above, an order corresponding to the purchase order information for customer 5 in Table 3 may be processed as a non-trading order.

According to the above embodiment, the sum of the number of partial stocks held by customers or users at a specific point in time (after the purchase order is concluded according to the purchase order information transmitted to the third intermediary agency) may be an integer (>=1). have. Accordingly, even if each customer or user owns a portion of stock that is less than 1, dividends (cash, stocks, etc.) can be distributed on an integer basis (i.e., on a per share basis) on each basis of calculation. ), issues related to free increase and reduction, division/merger of stocks, mergers and acquisitions of holdings, tax, etc., will be handled no differently from existing (when each customer or user owns q (an integer greater than = 1) stocks). I can.

On the other hand, since the purchase order information from the customers does not specify the price of the US stock A, the customers may be subject to a price risk. For example, when the brokerage agency transmits the buy order information to a third brokerage agency, if the price of U.S. stock A is soaring, the customer expects the number of stocks to be executed and the number of stocks that are actually ordered at the time the purchase order information is transmitted. The difference can be relatively large. Accordingly, the intermediary agency may transmit the purchase order information to be transmitted to the third intermediary agency by dividing it into two or more time points. The buy order at each time point may be equal at all times, or it may be determined by the fluctuations in the price of U.S. stock A.

4 is a diagram illustrating processing of partial stock purchase order information that does not involve self-purchase. The embodiment described with reference to FIG. 4 relates to a case where purchase order information in units of "weeks" is received from a customer or a user. For example, a table to be described below shows buy order information for customers' specific stock stocks (eg, referred to as US Stock A). In addition, a flow of information transmission between a customer or a user, an intermediary agency, and a third intermediary agency is similar to the flow of information transmission in FIG. 1.

The price of the US stock A is assumed to be KRW 200,000 per share at the time of order execution, and the price may be referred to as the expected execution price. For example, the lowest price among the asking prices for selling may be the expected execution price, and the expected execution price may be preferably the lowest possible order execution in the market. In addition, although the number of purchase orders (quantity) of each customer is illustrated with two decimal places, an embodiment of the present invention may be applied to a smaller unit, for example, three decimal places or four decimal places. In addition, in the table, the rightmost column (transaction amount) is information that is unknown when customers enter order information, and corresponds to the transaction amount calculated when the order is actually executed.

Expected execution price = KRW 200,000 division Buy Order Co., Ltd.(S41) Transaction amount (S44) Customer 1 0.25 50,000 Customer 2 1.00 200,000 Customer 3 0.50 100,000 Customer 4 0.25 50,000 Customer 5 0.10 20,000 Order total 2.10 420,000 Total processing (fastening) 2.00 400,000

Customers or users 10 may input order information to the intermediary agency 20 by designating the number of stocks to purchase for the stock items they wish to purchase (US stock A). Such purchase order information may be transmitted to a device or terminal of an intermediary agency (eg, a securities company) through a device or terminal, as described above. For reference, the number of stocks to be purchased corresponds to the number of "partial stocks" including not only integers but also decimal places. For example, a buy order for a number of stocks less than 1, such as customer 1, is also possible, and although not illustrated, a buy order for a quantity of stocks that is greater than 1, such as 1.20, but expressed as a number having a decimal place, is also possible. The intermediary agency may receive or aggregate purchase order information in which the quantity of customers for US stock A is specified for a predetermined period or time (S41). Based on the purchase order quantity (d') corresponding to the received or aggregated purchase order information, the intermediary agency may determine the number of shares of US stock A to be included in the purchase order information to be transmitted to the third intermediary agency 30. .

In more detail, the number of stocks (e') of the US stock A to be included in the purchase order information to be transmitted to the third intermediary agency through a floor operation of the collected purchase quantity (d') may be determined. In the present embodiment, since the brokerage agency does not support self-purchase, the decimal place of the purchase order quantity d'of the US stock A is not included in the purchase order information to the third brokerage agency 30. In the end, the number of shares of U.S. stock A included in all buy order information received from the customers or users (d') and the number of shares of U.S. stock A included in the buy order to be sent to the third intermediary (e'). Stocks or orders corresponding to the difference of (d'-e'=f') remain open.

Accordingly, the intermediary agency transmits the purchase order information for US stock A received or collected to the third intermediary agency (S42), and the purchase order information is e'share as the expected price (p) of US stock A. It may include content that you want to buy. That is, the purchase order information transmitted to the third intermediary agency may include a purchase amount or an amount less than the purchase amount or purchase amount included in the received or aggregated purchase order information. When a purchase order is concluded in response to the purchase order information, the intermediary agency may receive purchase contract confirmation information for e'shares for US stock A from a third intermediary agency (S43).

Then, the intermediary agency may check the number of stocks of the customers or users, and the intermediary agency may transmit execution confirmation information for the purchase order to each of the customers or users (S44). At this time, information on the number of US stocks A to be held by each customer or user may be transmitted, and the confirmation of the conclusion may also include information on the order in an unsettled state described above.

A method of selecting or selecting the order information in the unsettled state will be described. As described above, according to the present embodiment, it is necessary to process the stock purchase order information for the number of f'shares as non-trading. For the f'share, the purchase order information may not be transmitted to the third intermediary agency. In the simplest way, if there is f'share buy order information as single buy order information, the buy order information can be classified as open order information, and among the aggregated buy order information, multiple f'share buy order information If there is, it is possible to classify the latest input purchase order information as open order information. If, among the aggregated buy order information, there is buy order information less than f'shares, among the buy order information less than f'shares until the total number of shares of the order information classified as open order information becomes f'shares. It is classified as non-trading orders starting from the latest input purchase order information, but a part of the order quantity in the last purchase order information can be classified as non-traded orders. In addition, if the total number of stocks is not f'with only the purchase order information of less than week f', additionally, a part of the order quantity of the latest purchase order information entered more than week f'is classified as non-trading order information. can do. If, among the aggregated buy order information, there is no buy order information less than f'weeks (i.e., all order information is a buy order exceeding f'weeks), the order amount of the last entered buy order information Some can be classified as open orders.

As described above, the transaction amount for each buy order is actually determined after the purchase order is concluded (i.e., after the transaction). The processing related to the number of stocks concluded in response to the purchase order information in the securities account of each customer or user, and the brokerage agency, and the settlement of the trading price are not mentioned in the present invention.

When described using a specific example of Table 4, purchase order information for 2.10 shares of US stock A may be collected from a total of five customers (S41). The expected execution price for US stock A is 200,000 won, so the expected transaction amount is 420,000 won. In the actual stock market, a stock trading order is possible for an integer number of stocks greater than or equal to 1, but since self-sale is not supported in this embodiment, a purchase order for 0.10 out of 2.10 shares is processed as non-trading. This means that the two-week buy order information for US stock A must be sent to a third-party intermediary. Accordingly, information on a two-week purchase order for US stock A may be transmitted to a third intermediary agency (S42). That is, the purchase order information transmitted to the third intermediary agency may include a purchase amount or an amount less than the purchase amount or purchase amount included in the received or aggregated purchase order information. When a purchase order corresponding to the purchase order information is concluded, information on confirming the conclusion of a two-week purchase order for US stock A may be received from a third intermediary agency (S43). The intermediary may allocate or allocate two shares for US stock A to the customers or users in accordance with the buy order (S44), and information is provided to the customer or user for orders for 0.10 shares that have not been outstanding. Can be. According to the method of determining the non-trading order described above, a buy order for customer 5 in Table 4 may be processed as a non-trading order.

According to the above embodiment, the sum of the number of partial stocks held by customers or users at a specific point in time (after the purchase order is concluded according to the purchase order information transmitted to the third intermediary agency) may be an integer (>=1). have. Accordingly, even if each customer or user owns a portion of stock that is less than 1, dividends (cash, stocks, etc.) can be distributed on an integer basis (i.e., on a per share basis) on each basis of calculation. ), issues related to free increase and reduction, division/merger of stocks, mergers and acquisitions of holdings, tax, etc., will be handled no differently from existing (when each customer or user owns q (an integer greater than = 1) stocks). I can.

On the other hand, since the purchase order information from the customers does not specify the price of the US stock A, the customers may be subject to a price risk. For example, when an intermediary agency transmits the purchase order information to a third intermediary, if the price of U.S. stock A surges, the difference between the expected order execution price at the time of transmission of the purchase order information and the actual order execution price. Can be relatively large. Accordingly, the intermediary agency may transmit the purchase order information to be transmitted to the third intermediary agency by dividing it into two or more time points. The buy order at each time point may be equal at all times, or it may be determined by the fluctuations in the price of U.S. stock A.

5 is a diagram illustrating processing of partial stock selling order information including self trading. The embodiment described with reference to FIG. 5 relates to a case in which sales order information in units of "amount" is received from a customer or a user. For example, the table below shows customers' sell order information for a particular stock item (eg, referred to as US Stock A).

The price of the US stock A is assumed to be KRW 200,000 per share at the time of order execution, and the price may be referred to as the expected execution price. For example, in the case of a sell order, the highest price among the bid and ask prices may be the expected execution price, and the expected execution price may be preferably the highest price at which the order can be concluded in the market. In addition, although the selling order amount of each customer is illustrated in units of 10,000 won, the embodiment of the present invention can be applied even in smaller units, for example, 1,000 won, 500 won, or 100 won. In addition, in the table below, the rightmost two columns (the number of expected stocks and the number of stocks after the transaction) are unknown information when customers enter order information, and correspond to the number of stocks that are actually calculated after the order is executed.

In addition, in the example of Fig. 5, in advance (for example, through the procedure related to Figs. 1 and 2), customers 10 have a total of 2.1 shares of U.S. stock A, and the intermediary 20 is the U.S. stock. Assume that you have 0.9 shares of A. The details of the number of shares held by each customer before the above sell order information is collected is shown in the table below.

Expected execution price = KRW 200,000 division Number of shares held Sell Order (Won, KRW) (S51) Expected number of shares Number of shares after transaction (S55) Customer 1 0.25 10,000 0.05 0.20 Customer 2 1.00 150,000 0.75 0.25 Customer 3 0.50 40,000 0.20 0.30 Customer 4 0.25 - - 0.25 Customer 5 0.10 10,000 0.05 0.05 Sum 2.10 210,000 1.05 1.05

Customers or users 10 may input order information to the brokerage agency 20 by designating an amount to be sold for the stock items they want to sell (US stock A). As described above, the sale order information may be transmitted to a device or terminal of an intermediary agency (eg, a securities company) through a device or terminal. For reference, the amount to be sold is not the price per share of U.S. Stock A, but refers to the amount that a specific customer or user wants to sell from the holdings (or valuation) of U.S. Stock A. It is explained as, and tries to promote understanding according to the purpose. The intermediary agency may receive or collect information on a sale order in which the amount of customers for US stock A is specified for a predetermined period or time (S51). Based on the order amount corresponding to the received or aggregated sell order information and the expected execution price (p) of the US stock A, the intermediary agency may determine the self-selling amount or the number of self-selling stocks. More specifically, if the aggregated order amount is divided by the expected execution price of U.S. stock A, the number of shares of U.S. stock A (g) to be sold by customers or users is determined, and the determined number of shares of U.S. stock A (g ) To be transmitted to a third brokerage agency through a ceiling operation (ceiling) to determine the number of shares of US stock A (h and h are integers) to be included in the sell order information. This means that if g contains the number of decimal places, it is impossible to sell g stocks of U.S. stock A on the stock market.Therefore, consider an order to sell stocks that corresponds to the smallest integer among integers greater than g. . However, in this case, the brokerage agency will not hold shares as much as h minus the integer part of g, so in order to process all of the customer's sell orders, One additional share can be held by buying (S52). That is, the purchase order information for one US stock A may be transmitted to the third intermediary agency, and accordingly, additional acquisition of one US stock A can be obtained.

Alternatively, based on the order amount corresponding to the received or collected sell order information and the expected execution price (p) of the US stock A, the intermediary agency may determine whether self-purchase or self-trade is necessary. If it is determined that self-purchase or self-purchase is necessary, the intermediary agency may determine the self-purchase amount or self-purchase quantity according to the determination/calculation method described above, and accordingly, the purchase order information (eg. , The purchase of one share of US stock A) can be transferred.

Thereafter, the intermediary agency transmits the sale order information for US stock A to the third intermediary agency (S53), and the sale order information includes the content that it will sell the US stock A at the expected conclusion price (p) for h. can do. That is, the sell order information transmitted to the third intermediary agency may include an amount or an amount larger than the amount or amount to sell of stocks included in the sell order information received or collected from the customers or users. When a sell order is concluded, the brokerage agency may receive information on confirming the conclusion of a sell order for H shares for US stock A from a third brokerage agency (S54).

Then, the intermediary agency can check the number of shares held by the customers or users. Accordingly, the intermediary agency may transmit execution confirmation information corresponding to the sell order information to each of the customers or users (S55). In this case, information on the number of US stocks A to be held after each customer or user concludes a sell order may be transmitted. Some of the stocks concluded in response to the sell order information transmitted to the third brokerage agency may correspond to the sell order information collected in S51, and accordingly, the number of stocks (or sell order amount) corresponding to each sell order information It can be distributed or distributed to customers or users. In other words, some of the stocks concluded in response to the sell order information transmitted to the third intermediary agency may be distributed or distributed to the customers or users. Here, the meaning of distribution or distribution means that the number of shares as much as the number of shares sold and concluded is deducted or settled from the balance of each customer or user.

As described above, the number of shares (g) to be sold by customers or users is actually determined after the conclusion of the sell order (ie, after the transaction). The processing related to the number of stocks concluded in response to the sell order information in the securities account of each customer or user, and the brokerage agency, and the settlement of the trading price are not mentioned in the present invention.

When described using a specific example of Table 5, information on a sell order of US stock A worth 210,000 won may be collected from a total of 4 customers (S51). Since the expected execution price for US stock A is KRW 200,000, it is necessary to sell 1.05 US stock A. Since stock trading orders in the actual stock market are possible for an integer number of stocks equal to or greater than 1, applying the rounding operation to 1.05 will yield 2, which is the third brokerage of the two-week sell order information for US stock A. This means that it must be sent to the institution. That is, the two-week sell order information for US stock A may include a sell order for 1.05 US stock A and a sell order for 0.95 US stock A collected from customers. However, as described above, since the brokerage agency 20 does not hold 0.95 shares, before transmitting the sell order information to a third brokerage agency, a buy order for one share of US stock A for self-marketing Information may be transmitted to a third intermediary agency (S52). When a buy order is concluded in response to the buy order information, the brokerage agency may hold 1.90 shares of US stock A.

Thereafter, information on a two-week sell order for US stock A may be transmitted from the brokerage agency to the third brokerage agency (S53). That is, the sell order information transmitted to the third intermediary agency may include an amount or an amount larger than the amount or amount to sell of stocks included in the sell order information received or collected from the customers or users. When the sell order information is concluded, information confirming the execution of a two-week sell order for US stock A may be received from a third intermediary (S54). In the two weeks subject to confirmation of the sale order conclusion, 1.05 stocks of the customers or users and 0.95 stocks of the brokerage agency are included. Accordingly, information on confirming the conclusion of a sale order for 1.05 US stock A may be transmitted from the intermediary agency to the customers or users (S55), and accordingly, the customers or users, and the US stock A of the intermediary agency The associated holding balance can be adjusted.

According to the above embodiment, the sum of the number of partial stocks held by customers or users and the number of partial stocks held by the brokerage agency at a specific point in time (after the sell order is concluded according to the sell order information transmitted to the third brokerage agency) It can be an integer (>=1). Accordingly, even if each customer or user owns a portion of stock that is less than 1, dividends (cash, stocks, etc.) can be distributed on an integer basis (i.e., on a per share basis) on each basis of calculation. ), issues related to free increase and reduction, division/merger of stocks, mergers and acquisitions of holdings, tax, etc., will be handled no differently from existing (when each customer or user owns q (an integer greater than = 1) stocks). I can.

On the other hand, since there is no price designation of US stock A in the sell order information from the customers, there may be a price risk to the customers. For example, when the brokerage agency transmits the sell order information to the third brokerage agency, if the price of U.S. stock A has plummeted, the customer expects the number of stocks to be executed and the actual ordered stocks at the time the sell order information is transmitted The difference in number can be relatively large. Accordingly, the intermediary agency may transmit the sell order information to be transmitted to the third intermediary agency by dividing it into two or more time points. The sell order at each time point may be equal at all times, or may be determined by changes in the price of U.S. stock A.

On the other hand, unlike the example in Table 5, the number of shares based on the expected conclusion price corresponding to the sum of the order amount for the selling order information of all customers collected over a certain period (the sum of the'expected number of shares' in Table 5) and the above If the sum of the number of stocks held by the intermediary agency is an integer or a number greater than the integer, the intermediary agency may not need to self-buy. In this case, the method described in connection with FIG. 5 through self-buying may be used as it is, or the self-buying procedure may be omitted. More specifically, without a self-buying procedure, the number of shares corresponding to the aggregated sell order information of all customers and the sum of the number of shares held by the brokerage agency is transmitted to a third brokerage agency, or Sell order information for a minimum integer number of shares greater than the number of shares corresponding to the collected sell order information of all customers may be transmitted to the third intermediary agency.

6 is a diagram showing the processing of partial stock selling order information accompanying self-purchase. The embodiment described with reference to FIG. 6 relates to a case in which information on a sell order in units of "weeks" is received from a customer or a user. For example, a table to be described below shows sell order information for customers' specific stock stocks (eg, referred to as US Stock A). In addition, a flow of information transmission between a customer or a user, an intermediary agency, and a third intermediary agency is similar to the information transmission flow of FIG. 5.

The price of the US stock A is assumed to be KRW 200,000 per share at the time of order execution, and the price may be referred to as the expected execution price. For example, the highest price among the bid and ask prices may be the expected execution price, and the expected execution price may be preferably the highest price at which an order can be concluded in the market. In addition, although the sell order week (quantity) of each customer is illustrated with two decimal places, an embodiment of the present invention may be applied to a smaller unit, for example, three decimal places or four decimal places. In addition, in the table, "expected amount" is information that is unknown when customers enter order information, and corresponds to a transaction amount that is actually calculated after placing an order.

In addition, in the example of FIG. 6, it is assumed that the intermediary agency 20 holds 0.90 shares of US stock A, prior to collecting sell order information from customers or users. The number of shares held by each customer before the above sell order information is collected is shown in the table below.

Expected execution price = KRW 200,000 division Number of shares held Sell Order (shares) (S61) Estimated amount Number of shares after transaction (S65) Customer 1 0.25 10,000 10,000 0.20 Customer 2 1.00 150,000 150,000 0.25 Customer 3 0.50 40,000 40,000 0.30 Customer 4 0.25 - - 0.25 Customer 5 0.10 10,000 10,000 0.05 Sum 2.10 210,000 210,000 1.05

Customers or users 10 may specify the quantity of stocks to sell for the stock items they want to sell (US stock A), and input the sell order information to the brokerage agency 20. As described above, the sale order information may be transmitted to a device or terminal of an intermediary agency (eg, a securities company) through a device or terminal. For reference, the quantity of stocks to be sold corresponds to the number of "partial stocks" including not only integers but also decimal places. For example, a sell order for a number of stocks less than 1, such as customer 1, is also possible, and although not illustrated, a sell order for a quantity of stocks that is greater than 1, such as 1.20, but expressed as a number having a decimal place, is also possible. The intermediary agency may receive or collect sales order information in which the quantity of customers for US stock A is specified for a predetermined period or time (S61). Based on the received or aggregated sell order quantity (g') or the expected execution price of US stock A (p), the intermediary may determine the number of stocks to be bought or the amount to be bought.

In more detail, the number of shares of the U.S. stock A (h', h'to be included in the sell order information to be transmitted to the third intermediary 30 through a ceiling operation on the collected sell order quantity of the U.S. stock A) is Integer) can be determined. This is because if g'contains the number of decimal places, it is impossible to sell g'shares of US stock A on the stock market. To consider. However, in this case, the brokerage agency will not have the same amount of shares as h'minus the integer part of g'. It can additionally hold (S62). That is, the purchase order information for one US stock A may be transmitted to the third intermediary agency, and accordingly, additional acquisition of one US stock A can be obtained.

Thereafter, the intermediary agency transmits the sell order information for US stock A to the third intermediary agency (S63), and the sell order information indicates that the US stock A is to be sold at the expected conclusion price (p). Can include. That is, the sell order information transmitted to the third intermediary agency may include an amount or an amount larger than the amount or amount to sell of stocks included in the sell order information received or collected from the customers or users. When a sell order is concluded, the brokerage agency may receive information confirming the conclusion of a sell order for h'of US stock A from a third brokerage agency (S64).

Then, the intermediary agency can check the number of shares held by the customers or users. Accordingly, the intermediary agency may transmit the sale order execution confirmation information corresponding to the sale order information to each of the customers or users (S65). In this case, information on the number of US stocks A to be held after each customer or user concludes a sell order may be transmitted. Some of the stocks concluded in response to the sell order information transmitted to the third intermediary agency may correspond to the sell order information collected in S61, and accordingly, the number of stocks (or sell order amount) corresponding to each sell order information It can be distributed or distributed to customers or users. In other words, some of the stocks concluded in response to the sell order information transmitted to the third intermediary agency may be distributed or distributed to the customers or users. Here, the meaning of distribution or distribution means that the number of shares as much as the number of shares sold and concluded is deducted or settled from the balance of each customer or user.

As described above, the selling amount of customers or users is actually confirmed after the conclusion of the sell order (i.e., after the transaction). The processing related to the concluded sale amount corresponding to the sale order information in the securities account of each customer or user, and the intermediary institution, and the settlement of the trading price are not mentioned in the present invention.

Using a specific example of Table 6, information on a sell order for 1.05 shares of US stock A may be collected from a total of four customers (S61). The expected transaction price for US stock A is 200,000 won, so the expected transaction amount is 210,000 won. Since stock trading orders in the actual stock market are possible for an integer number of stocks equal to or greater than 1, applying the rounding operation to 1.05 will yield 2, which is the third brokerage of the two-week sell order information for US stock A. This means that it must be sent to the institution. That is, the two-week sell order information for US stock A may include a sell order for 1.05 US stock A and a sell order for 0.95 US stock A collected from customers. However, as described above, since the brokerage agency 20 does not hold 0.95 shares, before transmitting the sell order information to a third brokerage agency, a buy order for one share of US stock A for self-marketing The information may be transmitted to a third intermediary agency (S62). When a buy order is placed, the brokerage agency can hold 1.90 shares of US stock A.

Thereafter, information on a two-week sell order for US stock A may be transmitted from the brokerage agency to the third brokerage agency (S63). That is, the sale order information transmitted to the third intermediary agency may include an amount or amount of sale that is greater than the stock sale amount or the stock sale amount included in the sale order information received or collected from the customers or users. When a sell order corresponding to the sell order information is concluded, information confirming the execution of a two-week sell order for US stock A may be received from a third intermediary (S64). In the two weeks subject to confirmation of the sale order conclusion, 1.05 stocks of the customers or users and 0.95 stocks of the brokerage agency are included. Accordingly, information on confirming the conclusion of a sale order for 1.05 shares of US stock A may be transmitted from the intermediary agency to the customers or users (S65), and accordingly, the customers or users, and U.S. stock A of the intermediary agency The associated holding balance can be adjusted.

According to the above embodiment, the sum of the number of partial stocks held by customers or users and the number of partial stocks held by the brokerage agency at a specific point in time (after the sell order is concluded according to the sell order information transmitted to the third brokerage agency) It can be an integer (>=1). Accordingly, even if each customer or user owns a portion of stock that is less than 1, dividends (cash, stocks, etc.) can be distributed on an integer basis (i.e., on a per share basis) on each basis of calculation. ), issues related to free increase and reduction, division/merger of stocks, mergers and acquisitions of holdings, tax, etc., will be handled no differently from existing (when each customer or user owns q (an integer greater than = 1) stocks). I can.

On the other hand, since there is no price designation of US stock A in the sell order information from the customers, there may be a price risk to the customers. For example, when an intermediary agency transmits sell order information to a third intermediary agency, if the price of US stock A has plummeted, the customer may agree that the expected order execution amount at the time of the transmission order information and the actual order execution amount. The difference can be relatively large. Accordingly, the intermediary agency may transmit the sell order information to be transmitted to the third intermediary agency by dividing it into two or more time points. The sell order at each time point may be equal at all times, or may be determined by changes in the price of U.S. stock A.

On the other hand, unlike the example in Table 6, the sum of the order volume corresponding to the sell order information of all customers collected over a certain period (the sum of the'sell orders (shares)' in Table 6) and the number of shares held by the brokerage agency If this is an integer or a number larger than the integer, the number of self-buying of the intermediary agency may not be necessary. In this case, the method described in connection with FIG. 6 through self-buying may be used as it is, or the self-buying procedure may be omitted. More specifically, without a self-buying procedure, the number of shares corresponding to the aggregated sell order information of all customers and the sum of the number of shares held by the brokerage agency is transmitted to a third brokerage agency, or Sell order information for a minimum integer number of shares greater than the number of shares corresponding to the collected sell order information of all customers may be transmitted to the third intermediary agency.

7 is a diagram illustrating processing of partial stock selling order information that does not involve self-trading. The embodiment described with reference to FIG. 7 relates to a case in which sales order information in units of "amount" is received from a customer or a user. For example, a table to be described below shows sell order information for customers' specific stock stocks (eg, referred to as US Stock A). In addition, a flow of information transmission between a customer or a user, an intermediary agency, and a third intermediary agency is similar to the information transmission flow of FIG. 5. In addition, in the example of FIG. 7, it is assumed that customers 10 hold a total of 2.00 shares of US stock A through a purchase without self-trading by the intermediary agency 20 through the procedure related to FIG. 3 or 4.

The price of the US stock A is assumed to be KRW 200,000 per share at the time of order execution, and the price may be referred to as the expected execution price. For example, if you sell copies of the order and the best of the call it can be concluded that the estimated price, the price is expected to conclude it may be desirable that must be capable of the best order execution in the marketplace. In addition, although the selling order amount of each customer is illustrated in units of 10,000 won, the embodiment of the present invention can be applied even in smaller units, for example, 1,000 won, 500 won, or 100 won. In addition, in the table below, the rightmost two columns (the number of expected stocks and the number of stocks after the transaction) are unknown information when customers enter order information, and correspond to the number of stocks that are actually calculated after the order is executed.

Expected execution price = KRW 200,000 division Number of shares held Sell Order (Won, KRW) (S71) Expected number of shares Number of shares after transaction (S74) Customer 1 0.25 10,000 0.05 0.20 Customer 2 1.00 150,000 0.75 0.25 Customer 3 0.50 50,000 0.25 0.25 Customer 4 0.25 - - 0.25 Order total 210,000 1.05 1.05 Treatment total 200,000 1.00 1.00

Customers or users 10 may input order information to the brokerage agency 20 by designating an amount to be sold for the stock items they want to sell (US stock A). As described above, the sale order information may be transmitted to a device or terminal of an intermediary agency (eg, a securities company) through a device or terminal. For reference, the amount to be sold is not the price per share of U.S. Stock A, but refers to the amount that a specific customer or user wants to sell from the holdings (or valuation) of U.S. Stock A. It is explained as, and tries to promote understanding according to the purpose. The intermediary agency may receive or collect information on a sell order in which an amount of customers for US stock A is specified for a predetermined period or time (S71). Based on this received or aggregated order amount and the expected execution price of US Stock A (p), the intermediary may determine the number of shares in US Stock A to be included in the sell order to be sent to the third intermediary.

More specifically, dividing the aggregated order amount by the expected execution price of U.S. Stock A, the number of shares of U.S. Stock A included in all sell order information received from the customers or users (i) is determined. The number of shares of the U.S. stock A (j) to be included in the sell order information to be transmitted to a third intermediary through a floor operation (floor) of the determined number of shares of U.S. stock A may be determined. In this embodiment, since the brokerage agency does not support self-purchase, the decimal place of the number of shares (i) of US stock A included in all the sell order information is in the sell order information to the third brokerage agency 30. Do not include. In the end, the number of shares of U.S. stock A included in all sell order information received from the customers or users (i) and the number of shares of U.S. stock A included in the sell order information to be sent to a third-party intermediary (j). Stocks or orders corresponding to the difference (ij=k) remain open.

Accordingly, the brokerage agency transmits the sell order information for U.S. stock A to the third brokerage agency (S72), and the sell order information includes the contents of selling j shares of U.S. stock A at the expected execution price (p). can do. That is, the sell order information transmitted to the third intermediary agency may be part of the sell order information received or collected from the customers or users. When a sell order corresponding to the sell order information is concluded, the brokerage agency may receive, from a third brokerage agency, sale order execution confirmation information for j shares for US stock A (S73). Then, the intermediary agency may check the number of stocks of the customers or users, and the intermediary agency may transmit execution confirmation information on the sell order information to each of the customers or users (S74). At this time, information on the number of US stocks A to be held by each customer or user may be transmitted, and the confirmation of the conclusion may also include information on the order in an unsettled state described above.

A method of selecting or selecting the order information in the unsettled state will be described. As described above, according to this embodiment, it is necessary to process the order information for the sale of k shares as non-trading. Sell order information may not be transmitted to the third intermediary agency for the k-week period. In the simplest way, if there is k-week sell order information as a single sell order information, the sell order information can be classified as open order information, and if there are multiple k-week sell order information among the aggregated sell order information, the Among the two, the latest input sell order information can be classified as open sell order information. If, among the aggregated sell order information, there is sell order information of less than k shares, the latest input of the sell order information of less than k shares until the total number of shares of the order information classified as open orders reaches k shares. From the sell order information to the non-trading order information, a part of the order quantity of the last sell order information can be classified as the non-trading order information. In addition, if the total number of shares does not become k shares with only the sell order information of less than k shares, additionally, a part of the order quantity of the sell order information inputted last among the sell order information of more than k shares may be classified as non-trading order information. If, among the aggregated sell order information, there is no sell order information for less than k weeks (i.e., all order information is a sell order that exceeds k weeks), a portion of the order quantity of the last entered sell order information is not counted. It can be categorized as execution order information.

As explained above, the number of shares in US Stock A that customers or users will hold is actually established after the sell order is concluded (i.e., after the transaction). The processing related to the number of stocks concluded in response to the sell order information in the securities account of each customer or user, and the brokerage agency, and the settlement of the trading price are not mentioned in the present invention.

Using the specific example of Table 7, the information on the sell order for US stock A of 210,000 won can be collected from a total of 4 customers (S71). Since the expected price of executing a sell order for US stock A is 200,000 won, the information on the sell order for 1.05 US stock A is entered. The stock trading order information in the actual stock market is possible for an integer number of stocks of 1 or more, but since self trading is not supported in this embodiment, the sale order information for 0.05 out of 1.05 shares is processed as non-trading. This means that the information on the one-week sell order for U.S. stock A must be transferred to a third-party intermediary. Accordingly, information on a one-week sale order for US stock A may be transmitted to a third intermediary agency (S72). That is, the sell order information transmitted to the third intermediary agency may be part of the sell order information received or collected from the customers or users. When the sell order information is concluded, information on confirming the conclusion of a one-week sell order for US stock A may be received from a third intermediary (S73). The intermediary may allocate or allocate one share for US stock A to the customers or users in a manner consistent with the sell order information (S74), and the information is sent to the customer or user for orders for 0.05 outstanding shares. Can be provided. According to the method for determining the non-trading order described above, the purchase order information for customer 1 in Table 7 may be processed as a non-trading order.

According to the above embodiment, the sum of the number of partial stocks held by customers or users at a specific point in time (after a sell order is concluded according to the sell order information transmitted to a third intermediary agency) can be an integer (>=1). have. Accordingly, even if each customer or user owns a portion of stock that is less than 1, dividends (cash, stocks, etc.) can be distributed on an integer basis (i.e., on a per share basis) on each basis of calculation. ), issues related to free increase and reduction, division/merger of stocks, mergers and acquisitions of holdings, tax, etc., will be handled no differently from existing (when each customer or user owns q (an integer greater than = 1) stocks). I can.

On the other hand, since there is no price designation of US stock A in the sell order information from the customers, there may be a price risk to the customers. For example, when the brokerage agency transmits the sell order information to the third brokerage agency, if the price of U.S. stock A has plummeted, the customer expects the number of stocks to be executed and the actual ordered stocks at the time the sell order information is transmitted The difference in number can be relatively large. Accordingly, the intermediary agency may transmit the sell order information to be transmitted to the third intermediary agency by dividing it into two or more time points. The sell order at each time point may be equal at all times, or may be determined by changes in the price of U.S. stock A.

8 is a diagram illustrating processing of partial stock selling order information that does not involve self-trading. The embodiment described with reference to FIG. 8 relates to a case in which information on a sell order in units of "weeks" is received from a customer or a user. For example, a table to be described below shows sell order information for customers' specific stock stocks (eg, referred to as US Stock A). In addition, a flow of information transmission between a customer or a user, an intermediary agency, and a third intermediary agency is similar to the information transmission flow of FIG. 5.

The price of the US stock A is assumed to be KRW 200,000 per share at the time of order execution, and the price may be referred to as the expected execution price. For example, the highest price among the bid and ask prices may be the expected execution price, and the expected execution price may be preferably the highest price at which an order can be concluded in the market. In addition, although the sell order week (quantity) of each customer is illustrated with two decimal places, an embodiment of the present invention may be applied to a smaller unit, for example, three decimal places or four decimal places. In addition, in the table below, the rightmost two columns (expected amount and number of shares after transaction) are information that is unknown at the time customers enter order information, and correspond to the number of shares that are actually calculated after the order is executed.

Expected execution price = KRW 200,000 division Number of shares held Sell Order (shares) (S81) Estimated amount Number of shares after transaction (S84) Customer 1 0.25 0.10 20,000 0.20 Customer 2 1.00 0.75 150,000 0.25 Customer 3 0.50 0.20 40,000 0.30 Customer 4 0.25 - - 0.25 Order total 1.05 210,000 1.05 Transaction total 1.00 200,000 1.00

Customers or users 10 may input order information to the brokerage agency 20 by designating the number of stocks to sell for the stock items they want to sell (US stock A). As described above, the sale order information may be transmitted to a device or terminal of an intermediary agency (eg, a securities company) through a device or terminal. For reference, the quantity of stocks to be sold corresponds to the number of "partial stocks" including not only integers but also decimal places. For example, a sell order for a number of stocks less than 1, such as customer 1, is also possible, and although not illustrated, a sell order for a quantity of stocks that is greater than 1, such as 1.20, but expressed as a number having a decimal place, is also possible. The intermediary agency may receive or collect sales order information in which the quantity of customers for US stock A is specified for a predetermined period or time (S81). Based on the sell order quantity (i') for the received or aggregated sell order information, the intermediary agency may determine the number of shares of US stock A to be included in the sell order information to be transmitted to the third intermediary.

In more detail, the number of shares of the US stock A (j') to be included in the sell order information to be transmitted to a third intermediary agency through a floor operation of the collected sell order quantity (i') may be determined. In the present embodiment, since the intermediary agency does not support self-purchase, the fractional part of the collected sale order quantity i'is not included in the sale order information to the third intermediary agency 30. In the end, the number of shares of U.S. stock A included in all sell order information received from the customers or users (i') and the number of shares of U.S. stock A included in the sell order information to be transmitted to a third intermediary (j' Stocks or orders corresponding to the difference in) (i'-j'=k') remain open.

Accordingly, the brokerage agency transmits the sell order information for U.S. stock A to the third brokerage agency (S82), and the sell order information indicates that the U.S. stock A is to be sold j'shares at the expected execution price (p). Can include. That is, the sell order information transmitted to the third intermediary agency may be part of the sell order information received or collected from the customers or users. When a sell order corresponding to the sell order information is concluded, the brokerage agency may receive, from a third brokerage agency, information confirming the conclusion of the sell order for stock j'for US stock A (S83). Then, the intermediary agency may check the number of stocks of the customers or users, and the intermediary agency may transmit execution confirmation information on the sell order information to each of the customers or users (S84). At this time, information on the number of US stocks A to be held by each customer or user may be transmitted, and the confirmation of the conclusion may also include information on the order in an unsettled state described above.

A method of selecting or selecting the order information in the unsettled state will be described. As described above, according to this embodiment, it is necessary to process information on a stock sale order of k'shares as non-trading. For the k'share, the information on the sell order may not be transmitted to the third intermediary agency. In the simplest way, if there is k'share sell order information as a single sell order information, the sell order information can be classified as open order information, and among the aggregated sell order information, a plurality of k'share sell order information is available. If there is, the latest input of the sell order information can be classified as open sell order information. If, among the aggregated sell order information, there is sell order information of less than k'shares, the total number of shares of order information classified as open orders is the highest among sell order information of less than k'shares until k'shares are reached. It is possible to classify the order information from the recently entered selling order to the non-trading order information, but a part of the order quantity of the last selling order information may be classified as the non-trading order information. In addition, if the total number of stocks is not k'with only the sell order information of less than k'shares, additionally, some of the order quantity of the sell order information entered more than k'shares will be classified as non-trading order information. I can. If, among the aggregated sell order information, there is no sell order information for less than k'weeks (i.e., all order information is a sell order exceeding k'weeks), a portion of the order volume of the last entered sell order information Can be classified as non-trading order information.

As described above, the selling amount of customers or users is actually confirmed after the conclusion of the sell order (i.e., after the transaction). The processing related to the number of stocks concluded in response to the sell order information in the securities account of each customer or user, and the brokerage agency, and the settlement of the trading price are not mentioned in the present invention.

When described using a specific example of Table 8, sell order information for 1.05 shares of US stock A may be collected from a total of five customers (S81). Since the expected price of executing a sell order for US stock A is KRW 200,000, the information on the sell order for US stock A 1.05 is entered. In the actual stock market, a stock trading order is possible for an integer number of stocks greater than or equal to 1, but since self-sale is not supported in this embodiment, a sell order for 0.05 out of 1.05 shares is processed as non-trading. This means that the information on the one-week sell order for U.S. stock A must be transferred to a third-party intermediary. Accordingly, information on a one-week sale order for US stock A may be transmitted to a third intermediary agency (S82). That is, the sell order information transmitted to the third intermediary agency may be part of the sell order information received or collected from the customers or users. When a sell order corresponding to the sell order information is concluded, information on confirming the conclusion of a one-week sell order for US stock A may be received from a third intermediary (S83). The brokerage agency may allocate or allocate one share for US stock A to the customers or users in a manner consistent with the sell order information (S84), and information about the order information for 0.05 outstanding shares to the customer or user. Can be provided. According to the method for determining the non-trading order described above, in Table 8, a part of the sell order for customer 1 may be processed as non-trading order information.

According to the above embodiment, the sum of the number of partial stocks held by customers or users at a specific point in time (after a sell order is concluded in response to the sell order information transmitted to a third intermediary agency) becomes an integer (>=1). I can. Accordingly, even if each customer or user owns a portion of stock that is less than 1, dividends (cash, stocks, etc.) can be distributed on an integer basis (i.e., on a per share basis) on each basis of calculation. ), issues related to free increase and reduction, division/merger of stocks, mergers and acquisitions of holdings, tax, etc., will be handled no differently from existing (when each customer or user owns q (an integer greater than = 1) stocks). I can.

On the other hand, since there is no price designation of US stock A in the sell order information from the customers, there may be a price risk to the customers. For example, when an intermediary agency transmits sell order information to a third intermediary agency, if the price of US stock A has plummeted, the customer may agree that the expected order execution amount at the time of the transmission order information and the actual order execution amount. The difference can be relatively large. Accordingly, the intermediary agency may transmit the sell order information to be transmitted to the third intermediary agency by dividing it into two or more time points. The sell order at each time point may be equal at all times, or may be determined by changes in the price of U.S. stock A.

9 is a diagram illustrating processing of real-time partial stock purchase order information.

To this end, the intermediary agency 20 must have a stock of stocks (one or more weeks) that can be traded in real time (based on the opening time of the exchange of the stock). To do this, self-marketing as described above will be involved.

The embodiment described with reference to FIG. 9 relates to a case where purchase order information in units of "money" is received from a customer or a user. For example, the table below shows customer buy order information for a particular stock item (eg, referred to as US Stock A).

If the market price of U.S. stock A is 200,000 won and the total purchase order amount of the customer or user is 500,000 won at the time the customer or user places an order in monetary units, the intermediary agency places a purchase order for two weeks into a third. The order for 0.5 shares equivalent to 100,000 won is transferred to the brokerage agency at the market price, and the stock of U.S. stock A held by the brokerage agency is transferred to the customer or user at the same price to place a real-time order for a total of 500,000 won. Can be concluded. That is, in order to process the purchase order, the stock (some of) of the US stock A of the intermediary agency is not actually traded (purchased or bought) in the market, but may be transferred to the customer or the user at the market price. In addition, although the purchase order amount of each customer is illustrated in units of 10,000 won, the embodiment of the present invention can be applied even in smaller units, for example, 1,000 won, 500 won, or 100 won.

Customers or users 10 may input order information to the brokerage agency 20 by designating an amount to be purchased for the stock items they wish to purchase (US stock A). Such purchase order information may be transmitted to a device or terminal of an intermediary agency (eg, a securities company) through a device or terminal, as described above. For reference, the amount to be purchased is not the price per share of U.S. stock A, but refers to the amount that a specific customer or user wants to invest in U.S. stock A, and is described in this specification for this purpose, and is intended to facilitate understanding. I want to.

The intermediary agency may receive purchase order information for US stock A in real time from a customer or a user (S91). Unlike the above-described embodiment, since this embodiment relates to the processing of "real-time" purchase order information, the time period for receiving an order from a customer may be a very short time period (eg, 1 second). The order amount is based on the market price (p) of the US stock A at the current order entry time, and the intermediary agency may determine the number of shares (l) corresponding to the order amount.

In the case of real-time trading, in order to immediately respond to the purchase order information of a customer or user, the purchase order information from customers or users is not collected and then self-purchased, but immediately before the purchase order information from the customer/user is received. At all times, there must be at least 1 share of U.S. stock A in the brokerage's balance. This holding balance may be used for some of the received buy order information, as described below.

Thereafter, the number of shares of the U.S. stock A (m) to be included in the purchase order information to be transmitted to the third intermediary 30 through a floor operation (floor) to the number of shares (l) corresponding to the order amount received in real time will be determined. I can. Eventually, the difference (lm = n) between the number of shares of the US stock A included in the purchase order information to be transmitted to the third brokerage agency (m) and the number of shares (l) corresponding to the aggregated order amount This corresponds to the number of shares handled as holding shares, and the corresponding amount must be in the holding balance at least prior to the purchase order processing procedure of FIG. 9.

Accordingly, the intermediary agency transmits the purchase order information for US stock A to the third intermediary agency (S92), and the purchase order information may include a content to purchase m stocks of US stock A at the market price. When a purchase order corresponding to the purchase order information is concluded, the intermediary agency may receive purchase order execution confirmation information for m shares of US stock A from a third intermediary agency (S93). Then, the intermediary agency can check the number of its own shares with the customers or users. Accordingly, the intermediary agency may transmit execution confirmation information on the purchase order information to each of the customers or users (S94), and at this time, information on the number of US stocks A to be held by each customer or user Can be transmitted.

As explained above, the number of shares in US Stock A to be allocated or distributed to customers or users is actually established after the purchase order is concluded (i.e., after the transaction). The processing related to the number of stocks concluded in response to the purchase order information in the securities account of each customer or user, and the brokerage agency, and the settlement of the trading price are not mentioned in the present invention.

In the actual stock market, stock trading orders can be made for an integer number of stocks greater than or equal to 1, and the customer's order processing speed is important in the real-time trading method, so the number of stocks corresponding to the decimal place is the purchase order information from a third intermediary. It is not included in, and may be transferred to the customers or users from the holdings of US stock A held by the intermediary agency.

That is, the m-share purchase order information for the US stock A may be transmitted to the third intermediary agency (S92). In other words, the purchase order information transmitted to the third intermediary agency may be part of the purchase order information received or collected from customers. When a purchase order corresponding to the purchase order information is concluded, information on confirming the execution of an m-share purchase order for US stock A may be received from a third intermediary (S93). The intermediary agency may allocate or allocate m shares of US stock A for which a purchase order has been concluded and n shares, which is a portion of the stocks it owns, to the customers so as to match the purchase order information (S94). From the point of view of the customers or users, the order was concluded according to the entered sell order information, but it may be considered that the transaction for n shares of the buy order was actually made between the intermediary agency and the customers or users.

According to the above embodiment, there is an advantage that foreign stock trading can also be made in real time.

In addition, according to the above embodiment, the number of partial stocks held by customers or users and the number of partial stocks held by the intermediary agency at a specific point in time (after the purchase order is concluded in response to the purchase order information transmitted to the third intermediary agency). The sum can be an integer (>=1). Accordingly, even if each customer or user owns a portion of stock that is less than 1, dividends (cash, stocks, etc.) can be distributed on an integer basis (i.e., on a per share basis) on each basis of calculation. ), issues related to free increase and reduction, division/merger of stocks, mergers and acquisitions of holdings, tax, etc., will be handled no differently from existing (when each customer or user owns q (an integer greater than = 1) stocks). I can. In addition, according to the above embodiment, the intermediary agency is characterized by having to hold at least one stock of a specific stock before each purchase order or before collecting each purchase order through self-purchase.

On the other hand, unlike the above example, if the customer's purchase order amount received at a specific time is equal to or a multiple of the market price of U.S. stock A, the collection is made to a third intermediary agency without exhaustion of the intermediary's own holdings. The purchase order information that matches the purchase order information of all the customers, and the amount of stocks that have been signed for the purchase order may be distributed to the customers or users.

In addition, unlike the embodiment described with reference to FIG. 9, information on a sell order for a specific stock item of customers or users may be processed in real time. Sell order information for the number of shares as much as a minimum integer greater than the number of shares in the sell order for a specific stock item received from the customer or user may be transmitted to a third brokerage agency, and the sale to the third brokerage agency The order information may include a sell order for the number of shares equal to an integral part of the number of shares in the sell order information from the customer or user, and a sell order for the number of shares (e.g., 1 share) held by the brokerage agency. have. Accordingly, a sale order may be concluded in response to the sale order information transmitted to the third intermediary agency, and after the sale order is concluded, the sale amount and balance may be settled.

In addition, in the embodiment described with reference to FIG. 9, the purchase order was described based on the amount of money, but it is natural that the scope of the present invention may be extended to the embodiment based on the number of shares.

10 and 11 illustrate a user interface or an order window for sector or theme investment using the buy order method according to the above-described embodiment.

In accordance with the present invention, by introducing a trading technique that enables partial stock trading with self-trading to a low decimal unit (e.g., four decimal places), a plurality of stock stocks divided by a specific sector or theme even at a small amount can be converted into a portfolio. It can be configured, and as shown, it is provided to form a portfolio by increasing/decreasing the amount based on the amount for several stocks. This is an ordering method that cannot be implemented in the case of a trading technique that does not involve self-trading and only provides partial stock trading up to a high decimal unit (eg, two decimal places), since non-trading orders must occur.

The composition of such a portfolio can be achieved by 1) selecting the stock item to be invested by the user among the stock items of the sector/theme, and this is a method in which only the desired stock item is selected by the user, and a brokerage agency or stock trading service is provided. There may be a method in which a group of stocks belonging to a corresponding sector/theme provided by an entity to be used is selected by the user.

When the stock items to be invested are selected by the user, an individual amount to be invested, or the total investment amount, and the ratio occupied by each individual stock item may be set by the user. In addition, whether such an investment or a purchase order related thereto is made one-time or periodically may be set. In addition, a detailed configuration of the portfolio, for example, whether to re-adjust the desired purchase amount for individual stocks or the ratio of individual stocks to the total investment amount, or if re-adjusted, the period may be set.

In summary, each purchase order described above may be input and transmitted through the user interface or order window shown in FIG. 10 or 11. Accordingly, the purchase order according to the present invention may include or consist of one or more stock items and a purchase amount for each of the stock items. In addition, the purchase order may include at least one of a purchase period or a purchase amount readjustment period for the one or more stock items.

In addition, the purchase order may include a total purchase order amount and a ratio to the total purchase order amount of one or more stock items. The purchase order may additionally include at least one of a purchase period for the one or more stocks or a readjustment period of the ratio.

12 is a block diagram of a control device 1200 for controlling partial stock trading order information according to an embodiment of the present invention.

The device may include a transceiver 1210, a memory 1220, and a processor 1230. Although the transceiver, memory, or processor are shown as physically separate, at least two of the three may be physically integrated into one. In addition, it goes without saying that the device may further include other configurations.

The transceiver is a device or terminal associated with a subject through which the device inputs or transmits a stock trading order such as a customer or a user, or a device or terminal associated with a subject cooperating with each other to process the stock trading order such as a third intermediary agency. And communicate with each other through wired and wireless networks.

The memory may store a procedure, method, or method of processing a stock transaction order such as a buy order or a sell order for stocks described in the previous embodiments, or an algorithm for this may be stored.

The processor may process a stock transaction order received through a procedure, method, or method of processing the stock transaction order stored in the memory by combining at least one or at least two of the above-described embodiments. In addition, the processor may provide an order interface for processing the stock transaction order information to the user device or a third intermediary agency.

That is, the device may implement a combination of one or more embodiments described in the present specification, or implement some of them, and it will be apparent that all of them may fall within the scope of the present invention.

As an example of such an embodiment, a control device for controlling a partial stock trading order that enables orders of less than one week through a wired or wireless network may be considered. The control device includes: a transceiver for transmitting and receiving stock transaction order information with a user device or a third intermediary agency; And a processor for processing the stock transaction order information. The processor may receive purchase order information in units of amount for one or more stock items from at least one user device for a preset time through the transceiver. For each of the one or more stock items, the processor may determine the self-purchase amount or the self-purchased number of stocks based on an amount corresponding to the purchase order information collected during the preset time period and an expected execution price of the corresponding stock item. Then, the processor may transmit the purchase order information reflecting the determined self-purchase amount or the self-purchase stock number to the third intermediary agency through the transceiver. The processor may allocate a part of the stock signed to the at least one user corresponding to the purchase order information to the third intermediary agency.

The number of the corresponding stock items corresponding to the sum of the determined self-purchase amount or the self-purchase amount corresponding to the determined self-purchased number of stocks and the amount corresponding to the collected order information may be an integer of 1 or more. Here, the number of the corresponding stocks corresponding to the determined self-purchased amount or the determined self-purchased stocks may be less than one.

The purchase order information to the third intermediary agency may include a plurality of purchase order information divided at two or more points in time.

The purchase order information for the one or more stock items in units of amount may be composed of each of the one or more stock items and a purchase amount thereof. The purchase order information may include at least one of a purchase period or a purchase amount readjustment period for the one or more stock items.

The purchase order information in units of amount for the one or more stock items may include a total purchase order amount and a ratio of each of the one or more stock items within the total purchase order amount. The purchase order information may include at least one of a purchase period for the one or more stock items or a readjustment period of the ratio.

The purchase order information in units of amount for one or more stock items may include purchase order information for less than one share for at least one stock item.

The control device may control the stock balance to hold one or more stocks for each of the one or more stock items before transmitting the purchase order information to the third intermediary agency.

In addition, the control device may control or process partial stock selling order information. The processor of the control device may receive sale order information in units of amount for one or more stock items from at least one user for a preset time through the transceiver.

For each of the one or more stock items, the processor may determine the number of self-purchased stocks based on an amount corresponding to the order information collected during the preset time period and an expected execution price of the stock item.

The processor may transmit purchase order information for at least one of the one or more stock items corresponding to the determined number of stocks to be purchased to a third intermediary agency through the transceiver, and through the purchase order information through the transceiver. The obtained self-purchase stock and the sell order information for the at least one user's stock may be transmitted to a third intermediary agency.

The processor may allocate a part of the number of stocks concluded for sale corresponding to the sale order information to the third intermediary agency to the at least one user. In addition, the processor may provide an order interface for processing the stock transaction order information to the user device or a third intermediary agency.

In addition, as another aspect of the present invention, the above-described proposal or operation of the invention is by means of a "computer" (a comprehensive concept including a system on chip (SoC) or (micro) processor, etc.) Code that can be embodied, executed or executed, or a computer-readable storage medium or computer program product that stores or includes the code may also be provided, and the scope of the present invention includes the code or the code stored or Including computer-readable storage media or computer program products.

Detailed description of the preferred embodiments of the present invention disclosed as described above has been provided to enable those skilled in the art to implement and practice the present invention. Although the above has been described with reference to preferred embodiments of the present invention, those skilled in the art will understand that various modifications and changes can be made to the present invention described in the following claims. Accordingly, the present invention is not intended to be limited to the embodiments shown herein but is to be accorded the widest scope consistent with the principles and novel features disclosed herein.

Claims (16)

In the control device for controlling partial stock trading order information that enables orders of less than one week through a wired or wireless network,
A transceiver for transmitting and receiving stock transaction order information with a user device or a third intermediary agency; And
A processor for processing the stock transaction order information and providing an order interface for processing the stock transaction order information to the user device or a third intermediary agency,
The processor is:
Receives purchase order information for stock items from at least one user device for a preset time through the transceiver, and the purchase order information includes a purchase order of a transaction amount in a unit of a predetermined amount for one or more stock items,
For each of the one or more stock items, it is determined whether self-purchase is necessary based on the transaction amount corresponding to the purchase order information collected during the preset time period and the expected execution price of the stock item,
If it is determined that the self-purchase is necessary for at least one of the one or more stock items, the self-purchase amount or the self-purchased number of stocks for each of the at least one stock item is determined, and
When the collected purchase order information or the self-purchase is required, the purchase order information reflecting the determined self-purchase amount or the self-purchase stock number is divided into one or more times and transmitted to the third intermediary agency through the transceiver,
The division of the purchase order information transmission into two or more times is to reduce a difference between the expected execution price and the actual execution price. The method of claim 1, wherein the transaction amount of at least one of the purchase order information collected during the preset time period is:
A control apparatus for controlling partial stock trading, characterized in that instructing a transaction including the number of stocks less than 1 for at least one of the one or more stock items. The control device for controlling partial stock trading according to claim 1, wherein the purchase order information transmitted to the third intermediary organization includes a purchase order for a quantity of one or more integer units for all stock items. The control device for controlling partial stock trading according to claim 1, wherein the number of stocks of the corresponding stock item corresponding to the determined self-purchase amount or the determined number of self-purchase stocks is less than one. The method of claim 1, wherein the control device controls a stock balance to hold one or more stocks for each of the one or more stock items before transmitting the purchase order information to the third intermediary agency. , A control device for controlling partial stock trading. The control apparatus of claim 5, wherein the purchase order information includes at least one of a purchase period or a purchase amount readjustment period for the one or more stock items. The control for partial stock trading control according to claim 1, wherein the purchase order information includes a transaction amount of a total purchase order and a ratio of each of the one or more stock items within the transaction amount of the total purchase order. Device. The control apparatus of claim 7, wherein the purchase order information includes at least one of a purchase period for the one or more stock items or a readjustment period of the ratio. In the control device for controlling partial stock trading order information that enables orders of less than one week through a wired or wireless network,
A transceiver for transmitting and receiving stock transaction order information with a user device or a third intermediary agency; And
A processor for processing the stock transaction order information and providing an order interface for processing the stock transaction order information to the user device or a third intermediary agency,
The processor is:
Receives purchase order information in units of number of stocks for stock items from at least one user device for a preset time through the transceiver, and the purchase order information includes a transaction including the number of stocks less than 1 for one or more stock items. Instruct,
For each of the one or more stock items, it is determined whether self-purchase is necessary based on the number of stocks corresponding to the purchase order information collected during the preset time and the expected execution price of the stock item,
If it is determined that the self-purchase is necessary for at least one of the one or more stock items, the self-purchase amount or the self-purchased number of stocks for each of the at least one stock item is determined, and
When the aggregated purchase order information or self-purchase is required, the purchase order information reflecting the determined self-purchase amount or the self-purchase stock number is divided into one or two or more times and transmitted to the third intermediary agency through the transceiver,
The division of the purchase order information transmission into two or more times is to reduce a difference between the expected execution price and the actual execution price. In the control device for controlling partial stock trading order information that enables orders of less than one week through a wired or wireless network,
A transceiver for transmitting and receiving stock transaction order information with a user device or a third intermediary agency; And
A processor for processing the stock transaction order information and providing an order interface for processing the stock transaction order information to the user device or a third intermediary agency,
The processor is:
Receives sell order information for stock items from at least one user device for a preset time through the transceiver, and the sell order information includes a sell order for a transaction amount of a predetermined amount for one or more stock items,
For each of the one or more stock items, determine whether or not self-purchase is necessary based on the transaction amount corresponding to the sell order information collected during the preset time period, the expected execution price of the stock item, and information on the own stocks. and,
If it is determined that self-purchase is necessary for at least one of the one or more stock items, the self-purchase amount or the self-purchased number of stocks for each of the at least one stock item is determined,
Transmitting purchase order information for the at least one stock item corresponding to the determined self-purchase amount or self-purchase stock number to a third intermediary agency, and
The sell order information reflecting the own stock or a part thereof, or if the self-purchase is necessary, the sell order information reflecting the part of the self-buy stock obtained through the transmitted purchase order information, is divided into one or two or more times and the above Transmits to a third-party intermediary through a transceiver, and
The division of the sell order information transmission into two or more times is to reduce a difference between the expected execution price and the actual execution price. The method of claim 10, wherein the transaction amount of at least one of the sell order information collected during the preset time period is:
A control apparatus for controlling partial stock trading, characterized in that instructing a transaction including the number of stocks less than 1 for at least one of the one or more stock items. In the control device for controlling partial stock trading order information that enables orders of less than one week through a wired or wireless network,
A transceiver for transmitting and receiving stock transaction order information with a user device or a third intermediary agency; And
A processor for processing the stock transaction order information and providing an order interface for processing the stock transaction order information to the user device or a third intermediary agency,
The processor is:
For a preset time through the transceiver, the sale order information in units of the number of stocks for stock items is received from at least one user device, and the sell order information includes a transaction including the number of stocks less than 1 for one or more stock items. Instruct,
For each of the one or more stock items, whether a self-purchase is necessary based on information on the number of stocks corresponding to the sell order information collected during the preset time period, the expected execution price of the stock item, and the number of own stocks. Judge,
If it is determined that self-purchase is necessary for at least one of the one or more stock items, the self-purchase amount or the self-purchased number of stocks for each of the at least one stock item is determined,
Transmitting purchase order information for the at least one stock item corresponding to the determined self-purchase amount or self-purchase stock number to a third intermediary agency, and
The sell order information reflecting the own stock or a part thereof, or if the self-purchase is necessary, the sell order information reflecting the part of the self-buy stock obtained through the transmitted purchase order information, is divided into one or two or more times and the above Transmits to a third-party intermediary through a transceiver, and
The division of the sell order information transmission into two or more times is to reduce a difference between the expected execution price and the actual execution price. In a method for controlling partial stock trading order information enabling an order of less than one week through a wired/wireless network, the method is performed by a control device for controlling partial stock trading,
Receiving purchase order information for a stock item from at least one user for a preset time, the purchase order information including a purchase order of a transaction amount for one or more stock items in a unit of a predetermined amount;
Determining whether a self-purchase is necessary for each of the one or more stock items based on a transaction amount corresponding to the purchase order information collected during the preset time period and an expected execution price of the stock item;
Determining a self-purchase amount or a self-purchased number of stocks for each of the at least one stock item when it is determined that at least one of the one or more stock items is required to be self-purchased; And
When the aggregated purchase order information or the self-purchase is necessary, the purchase order information reflecting the determined self-purchase amount or the self-purchase stock number is divided at one time or at two or more times and transmitted to a third intermediary agency or exchange, and ,
The division of the purchase order information transmission into two or more times is to reduce a difference between the expected execution price and the actual execution price. The method of claim 13, wherein the transaction amount of at least one of the purchase order information collected during the preset time period is:
A method for controlling partial stock trading, comprising instructing a transaction including the number of stocks less than 1 for at least one of the one or more stock items. In a method for controlling partial stock trading order information enabling an order of less than one week through a wired/wireless network, the method is performed by a control device for controlling partial stock trading,
Receiving sell order information for stock items from at least one user for a preset time, wherein the sell order information includes a sell order of a transaction amount in a unit of a predetermined amount for one or more stock items;
For each of the one or more stock items, determine whether or not self-purchase is necessary based on the transaction amount corresponding to the sell order information collected during the preset time period, the expected execution price of the stock item, and information on the own stocks. The step of doing;
Determining a self-purchase amount or a self-purchased number of stocks for each of the at least one stock item when it is determined that at least one of the one or more stock items is required to be self-purchased;
Transmitting purchase order information for the at least one stock item corresponding to the determined self-purchase amount or the self-purchase stock number to a third intermediary agency; And
Sell order information reflecting the own stocks or part of them, or if the self-purchase is necessary, sell order information reflecting a part of the self-purchased stock obtained through the transmitted purchase order information at one time or by dividing it into two or more times. Including the step of transmitting to the intermediary agency or exchange of 3,
The division of the sell order information transmission into two or more time points is characterized in that to reduce a difference between the expected execution price and the actual execution price. The method of claim 15, wherein the transaction amount of at least one of the sell order information collected during the preset time period is:
A method for controlling partial stock trading, comprising instructing a transaction including the number of stocks less than 1 for at least one of the one or more stock items.

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