WO2002071297A1 - Cyber trading service device and method for analyzing buy quantity - Google Patents

Cyber trading service device and method for analyzing buy quantity Download PDF

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Publication number
WO2002071297A1
WO2002071297A1 PCT/KR2002/000406 KR0200406W WO02071297A1 WO 2002071297 A1 WO2002071297 A1 WO 2002071297A1 KR 0200406 W KR0200406 W KR 0200406W WO 02071297 A1 WO02071297 A1 WO 02071297A1
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WO
WIPO (PCT)
Prior art keywords
price
buy
stock
list
calculate
Prior art date
Application number
PCT/KR2002/000406
Other languages
French (fr)
Inventor
Yong-Cheol Yang
Original Assignee
Yong-Cheol Yang
Priority date (The priority date is an assumption and is not a legal conclusion. Google has not performed a legal analysis and makes no representation as to the accuracy of the date listed.)
Filing date
Publication date
Priority claimed from KR1020020003317A external-priority patent/KR100786820B1/en
Application filed by Yong-Cheol Yang filed Critical Yong-Cheol Yang
Publication of WO2002071297A1 publication Critical patent/WO2002071297A1/en

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Classifications

    • GPHYSICS
    • G06COMPUTING; CALCULATING OR COUNTING
    • G06QINFORMATION AND COMMUNICATION TECHNOLOGY [ICT] SPECIALLY ADAPTED FOR ADMINISTRATIVE, COMMERCIAL, FINANCIAL, MANAGERIAL OR SUPERVISORY PURPOSES; SYSTEMS OR METHODS SPECIALLY ADAPTED FOR ADMINISTRATIVE, COMMERCIAL, FINANCIAL, MANAGERIAL OR SUPERVISORY PURPOSES, NOT OTHERWISE PROVIDED FOR
    • G06Q40/00Finance; Insurance; Tax strategies; Processing of corporate or income taxes
    • G06Q40/04Trading; Exchange, e.g. stocks, commodities, derivatives or currency exchange

Definitions

  • the present invention relates to a cyber trading device and method
  • invention relates to a cyber trading device and method having a buy quantity
  • Stock buying and selling has a sequential cycle of: stock price
  • the investor may, need to check
  • a cyber trading service In one aspect of the present invention, a cyber trading service
  • plurality of client PCs personal computers
  • controller and calculating the quantity list that is buy information for
  • a cyber trading service In another aspect of the present invention, a cyber trading service
  • ⁇ program storage unit for calculating a quantity list using a corresponding
  • a CPU for controlling to load a
  • server and providing the cyber trading service comprises: (a) a CPU
  • the user selects a buy price calculation on the buy order screen, using a
  • the user selects a predetermined stock price in the quantity list window.
  • FIG. 1 shows a configuration block diagram of a cyber trading
  • FIG. 2 shows a configuration of a quantity analysis system of a cyber
  • FIG. 3 shows a detailed configuration of a quantity calculation
  • FIG. 4 shows a configuration of a cyber trading system in a client PC
  • FIG. 5 shows a buy order screen of the cyber trading system in the
  • FIGs. 6(a) to 8(c) show an operation flowchart of a cyber trading
  • FIG. 9 shows a configuration block diagram of a cyber trading
  • FIG. 10 shows a cyber trading system in the client PC according to
  • FIG. 1 1 shows a detailed block diagram of a quantity calculation
  • FIGs. 12(a) to 15 show an operation flowchart of the cyber trading
  • FIG. 16 shows an exemplified buy price list calculated by the cyber
  • FIGs. 17(a) to 17(k) show an exemplified quantity list calculated by
  • FIG. 18 shows an exemplified buy order screen according to the
  • FIG. 19 shows a comparison between a conventional buy order
  • FIG. 1 shows a configuration block diagram of a cyber trading
  • the cyber trading service device comprises: a plurality of
  • a securities corporation installs an exclusive-use emulator or a web
  • the client PCs receive a quantity list from the
  • the communication network 300 connects communication cables
  • the quantity analysis system 100 inputs a basic value and the buy
  • FIG. 2 shows a configuration of the quantity analysis system 100 of
  • the quantity analysis system 100 comprises: a
  • main controller 1 10 main controller 1 10; a communication controller 120; a client information
  • the communication controller 120 performs wire and wireless
  • the communication controller 120 receives data and
  • the main controller 110 controls the main controller 110.
  • the main controller 110 controls the main controller 110.
  • controller 110 determines whether the account number, the issue code, and
  • the main controller 110 uses corresponding programs of the
  • the client information database 130 stores control to output calculation data.
  • the account information database 140 stores information regarding the user states at the time of logging in.
  • the management program input unit 160 inputs various parameters
  • calculation program database 170 is transmitted to the quantity list calculator
  • the quantity list calculator 180 uses
  • database 150 are used to calculate the quantity list, and the calculation
  • FIG. 3 shows a block diagram of the quantity calculation program
  • program database 170 of the quantity analysis system 100 comprises a buy price calculation program 170a and a quantity calculation program 170b, and
  • the buy price calculation program database 170 are as follows. The buy price calculation
  • the quantity calculation program 170b calculates a buyable quantity
  • the calculation process includes 1) calculating the highest
  • FIG. 4 shows a cyber trading system 200 in a client PC in a cyber
  • CPU central processing unit
  • communicator 220 a cyber-physical entity
  • the communicator 220 performs wire and wireless communication,
  • the communicator 220 outputs
  • the CPU 210 controls to output the account number, the issue code, and the buy price according to the user's selection of the quantity calculation
  • the CPU 210 displays the quantity list data input by the quantity
  • the cyber trading program storage unit 230 stores a cyber-trading-
  • the buy order screen 240 displays a quantity list according to control
  • FIG. 5 shows an exemplified buy order screen 240 of the cyber
  • a buy price calculation button 240a comprises: a buy price calculation button 240a; a buy price list window 240b;
  • a buy price input blank 240c a buy price input blank 240c; a quantity calculation button 240d; a quantity
  • list window 240e a buy quantity input blank 240f; a buy unit-cost input blank
  • order screen 240 enables division of the amount of previously deposited
  • the buy price list window 240b displays the list of the amount of previously
  • the quantity calculation button 240d is an instruction button
  • the quantity list window 240e displays the
  • buy unit-cost input blank 240g automatically and concurrently receive the
  • FIGs. 6(a) to 8(c) show flowcharts for the cyber trading service
  • the client PC 200(1) accesses the
  • the client PC After accessing the quantity analysis system 100, the client PC
  • step S2 The client PC 200(1 ) outputs the ID and the password input by the
  • quantity analysis system 100 determines whether the ID and the password
  • main controller 1 10 outputs a main screen in step S3.
  • the CPU 210 periodically receives
  • the CPU 210 determines whether the user directly
  • step S5 selects the buy price calculation button 240a in step S5.
  • the CPU 210 receives the input buy price in step S6.
  • calculation button 240a so as to know the list of the amount of previously
  • the CPU 210 outputs a buy price calculating
  • the main controller 1 10 of the quantity analysis system 100 is The main controller 1 10 of the quantity analysis system 100.
  • account number data are input from the client PC 200(1) through the
  • the main controller 1 10 transmits the buy price after the determination
  • the quantity list calculator 180 inputs the amount of previously
  • step S8g (That is, the amount of the previously deposited
  • the division units may be variously configured
  • the quantity list calculator 180 transmits a calculation completion
  • predetermined line (a row, percent, and buy price) of the buy price list
  • the user can modify the buy price of the buy price input blank
  • CPU 210 outputs a quantity calculating key signal, an issue code, and buy
  • the main controller 1 10 of the quantity analysis system 100 is The main controller 1 10 of the quantity analysis system 100.
  • the main controller 1 10 transmits the quantity calculation
  • step S12d transmits the buy price input from the client
  • step S12f the list calculator 180 to execute the corresponding calculation in step S12f.
  • the quantity list calculator 180 inputs the standard price and
  • step S12h calculates a stock price list by applying the nominal
  • the quantity list calculator 180 divides the respective stock prices of the stock
  • step S12k calculates a per-stock advance-decline depth list in step S12k, and divides the buy price input from the client PC by the respective stock prices of the stock
  • the quantity list calculator 180 multiplies the buyable quantity
  • step S12m multiplies the actual buy price by the
  • step S12n divides the commission by the actual buy
  • step S12p subtracts the stock price from the break-even point to
  • the quantity list calculator 180 When the calculation is completed, the quantity list calculator 180
  • the CPU 210 of the client PC 200(1 ) displays the input quantity list data to the quantity list window 240e of
  • step S12v the buy order screen 240 in step S12v.
  • ADRs, and advance-decline depths select a desired buy price; and input a
  • the CPU 210 determines whether the user selects (or clicks twice) a
  • the CPU 210 highlights the selected row in the quantity list window
  • the CPU 210 outputs an account number, a transaction password, an issue code, a buy unit cost in
  • the quantity analysis system 100 transmits them to the KOSCOM 400 and
  • the user can correctly, quickly, and easily provide a buy
  • FIG. 9 shows a configuration of the quantity analysis system 100
  • FIG. 1 is a diagram according to the second preferred embodiment of the present invention.
  • the quantity analysis system 100 comprises a
  • main controller 1 10 main controller 1 10; a communication controller 120; a client information
  • controller 120 outputs the user's account information (the previously
  • the main controller 1 10 controls information on
  • client database 130 provides data needed for determining registered user
  • the account information database 140 provides the user's previously deposited money data.
  • the information database 150 stores stock price information including the
  • FIG. 10 shows a configuration of a cyber trading system 200 in the
  • the cyber trading system 200 in the client PC comprises a CPU 210;
  • a communicator 220 a quantity calculation program storage unit 230; and a
  • the communicator 220 performs wire and wireless communication
  • the communicator 220 receives
  • the CPU 210 1 The CPU 210 1 )
  • the quantity calculation program storage unit 230 stores various programs for calculating the buy price, the quantity
  • the buy order screen 240 displays the corresponding
  • FIG. 1 1 shows a configuration of the quantity calculation program
  • unit 230 comprise: a buy price calculation program 230a; a quantity
  • the profit and loss analysis program 230c analyzes various kinds of
  • 240f is set to be a quantity, the stock price of the buy unit cost input blank
  • the process of analyzing the profit and loss includes 1 )
  • the profit and loss analysis program 230c may include calculations of: the
  • profit or loss i.e., total profit or loss - commission
  • the total sell price i.e., stock price x quantity
  • the total sell rate i.e.,
  • the profit and loss analysis method can
  • a client PC 200(1 ) accesses each securities
  • the client PC displays a log-in screen and outputs
  • the quantity analysis system 100 outputs
  • the CPU 210 stores the downloaded quantity calculation program in the quantity calculation program
  • the CPU 210 displays the buy order screen 240, and when the user
  • the CPU 210 periodically receives stock
  • step T5. When it is found from the determination that the user directly inputs
  • the CPU 210 receives the
  • the quantity analysis system 100 outputs the user's previously
  • step T8d the CPU 210 calls the buy price calculation program 240a from the
  • step T8e calculates a buy price list in step T8e. Since this calculation is matched with
  • the CPU 210 inputs the
  • the CPU 210 determines whether the user
  • the CPU 210 executes the profit and loss analysis assuming
  • the quantity of the buy quantity input blank 240f is set to be a quantity
  • the stock price of the buy unit cost input blank 240g is set to be a buy price
  • the stock price of the stock price list is set to be a sell price
  • the CPU 210 calls the profit and loss analysis program 230c from
  • step T17c subtracts the buy unit cost from the stock
  • step T17f the CPU 210 displays
  • step T17g Therefore, since the user can previously check the changes of
  • profit and loss analysis program 230c may include
  • commission rate i.e., commission / (buy price
  • CPU 210 outputs buy order information to the quantity analysis system 100
  • step T18 The process for canceling or correcting the order is matched
  • FIG. 16 shows an exemplified buy price list calculated by the quantity
  • the user desiring to buy a plurality of issues, the user can divide the amount of
  • FIGs. 17(a) to 17(k) show exemplified quantity lists calculated by the
  • the stock prices (the stock prices from the highest to lowest limits, the ADRs,
  • the user can obtain core
  • the user can more effectively decide desired buy prices
  • the user can use the present embodiment as a
  • the user can use more
  • the quantity list can be edited and displayed in many various ways
  • FIG. 18 shows an exemplified buy order screen 240 on which a buy
  • the user can finish the desired order through clicking the mouse twice.
  • FIG. 19 shows a comparison of the conventional buy order method
  • the investor can complete the order by analyzing the stock price and
  • the cyber trading service device and method As described above, the cyber trading service device and method
  • Step 1 of determining the buy price volume The investor can
  • Step 2 of analyzing the buy unit-cost The investor can
  • Step 3 of calculating the buy quantity By clicking the mouse once,
  • the investor can automatically know the buyable quantity for each stock price
  • Step 4 of the buy order By clicking the mouse once on the
  • the investor can automatically and concurrently input the buy
  • the investor can
  • buy order is reduced to 1 to 3 seconds compared to the conventional
  • the present invention prevents the investor from mistyping the buy price
  • sell price (a sell price list), calculating the sell quantity for each stock price

Abstract

Disclosed is a cyber trading service method for providing a cyber trading service according to requests by a plurality of client PCs. When a user selects a buy order screen through a cyber trading system in the client PC, a cyber trading system transmits stock price information to the corresponding client PC. The cyber trading system receives a user's account number from the client PC, inputs an amount of previously deposited money to a previously established calculation program to calculate a buy price list, outputs calculation results to the corresponding client PC, receives the user's issue code and buy price from the client PC, inputs the corresponding issue's standard price and buy price to the previously established calculation program to calculate a quantity list, and outputs calculation results to the corresponding client PC. Therefore, the present invention reduces the transaction ordering steps according to selection by the user.

Description

Cyber Trading Service Device and Method for Analyzing Buy Quantity
BACKGROUND OF THE INVENTION
(a) Field of the Invention
The present invention relates to a cyber trading device and method
having a buy quantity analysis function. More specifically, the present
invention relates to a cyber trading device and method having a buy quantity
analysis function for enabling an investor to automatically receive buy price
volume and buy quantity results without performing any calculation in the
stage, otbuying stocks, and to easily input a buy order.
(b) Description of the Related Art
In stock trading, on-line cyber trading has greatly increased as
communication technologies and computation programs have developed. In
Korea, over 80% of traders already do daily trading, and this kind of cyber
trading is also expected to gradually increase in foreign countries.
Cyber trading will continue to increase since it has many merits such
as easy access through a use of a personal computer, provision of various
categories of stock information, real-time reference of stock quotations, and
quick buy and sell orders. Accordingly, frequencies of buying and selling the
stocks have greatly increased, which is caused by synchronization of world¬
wide stock markets, increase of daily trading, and convenience of buy and
sell orders using a computer.
Stock buying and selling has a sequential cycle of: stock price
analysis --> buy order --> stock price analysis --> profit and loss analysis --> sell order. The buy stage in more detail has: analysis of stock prices (rise
and fall rates of stock prices, and ups and downs widths of stock prices) -->
determination of buy price volume --> determination of buy prices ->
calculation of buy volume --> inputting of buy order --> buy conclusion.
When a number of stocks to buy and sell increases, an investor
needs to repeat the above-noted buy stages frequently, and accordingly,
calculation amounts and input tasks of buy orders increase.
However, in spite of changes of stock trading environments that
require much increased frequencies of buying and selling and many order
inputting tasks, conventional cyber trading systems lack information that is
provided to the investors in the buy stage, and hence, the investors daily and
personally execute various kinds of computations, and have trouble in
inputting the orders since the ordering process is performed manually. As a
result, the investors spend much more time than required, exhaust mental
energies, incorrectly calculate stock prices and corresponding quantities, and
manually issue buy and sell orders. Also, because of the same reasons, the
conventional systems fail to guarantee quick cyber trading.
Conventional problems in each stage of stock buy are as follows:
1 ) Stock price analysis stage: Price information lists are not provided
to the investors. Conventional cyber trading does not provide price lists at
the time of simultaneous bids and offers, and displays 10 quotations within a
disclosure range when the market is open. Also, the conventional cyber
trading does not provide advance-decline ratios (ADR) and advance-decline
depth at the time of simultaneous bids and offers, and it only provides a single ADR and an advance-decline depth with respect to the current price
when the market is open. Therefore, the investor needs to calculate the
stock prices such as the ADR and advance-decline depth by himself, and
since he can only calculate a single stock price at one time, he cannot wholly
determine the stock prices.
2) Buy price determination stage: The investor synthetically checks
to what ADR and advance-decline depth the buy price selected corresponds,
and determines an adequate buy price. However, since the investor cannot
know the entire stock price lists, the ADR, and the advance-decline depth, he
fails to synthetically determine the stock prices.
3) Buy money and buy quantity calculation stage: The conventional
cyber trading does not provide a calculation service of how much or what
percent of entrusted money in a stock account the investor will use to buy
desired stocks, or a systematic calculation service for calculating the buy
quantity according to the buy money and buy price. Therefore, in the case of
a diversified investment to multiple issues, the investor needs to split
previously deposited money, calculate the quantity by dividing the buy
money by buy price, and recalculate the above-noted calculations when the
buy money or buy price is changed.
4) Buy order stage: The inputting process of buy price and buy
quantity in the conventional buy order is manually executed by the investor
using a mouse and a keyboard, which causes inaccuracy and burden. This
stage is also problematic in that the investor may mistakenly input the buy
price and buy quantity as incorrect numbers, it may need dozens of manipulations of the mouse and the keyboard, and it may require an
inputting time of greater than 10 seconds. The investor may, need to check
whether the inputting process is correct, and they may not achieve correct
buy information generated by the input values, so the economic and mental
loss and cost of inputting the orders hundreds of times each day may
consequently increase. Further, since the investor uses the identical
inputting process for buy-order correcting orders and buy-order canceling
orders, the same problems can be generated.
5) Profit and loss analysis stage: After inputting the buy price and buy quantity, the investor cannot previously estimate before buying the
stocks how much he will gain or lose with respect to respective stock values when the actual transaction is performed. The investor can only know the
profit and loss results after buying the stocks, and cannot simulate the profit and loss using the buy price and quantity before buying the stocks.
Therefore, since the conventional method does not have the concept of
before-buy profit and loss for each stock, the investor cannot determine the
after-buy profit and loss for respective stocks in advance.
As a result, the investor suffers inconvenience and inaccuracy in the
above-described respective stages, many times.
SUMMARY OF THE INVENTION
It is an object of the present invention to provide a cyber trading
service device and method having a buy quantity analysis function for performing stages of 1) stock price analysis, 2) buy price analysis, 3) buy
quantity analysis, 4) buy ordering, and 5) profit and loss analysis, according
to an investor's selection, through one or two clicks of a mouse in one to
three seconds.
In one aspect of the present invention, a cyber trading service
device for providing cyber trading services according to requests by a
plurality of client PCs (personal computers), comprises: a main controller for
calculating a buy price list when a buy price calculation request is received
from a corresponding client PC, and calculating a quantity list and outputting
calculation results data when a calculation request signal on the quantity list
is received; and a quantity list calculator for dividing a previously deposited
money amount by percent (%) to calculate the buy price list when the
amount of previously deposited money is received through the main
controller, and calculating the quantity list that is buy information for
respective stock prices from the corresponding issue's standard price and
buy price and outputting corresponding calculation results to the
corresponding client PC when the user's issue code and buy price are input.
In another aspect of the present invention, a cyber trading service
device for receiving stock information from a securities corporation's server
and providing the cyber trading service comprises: a quantity calculation
program storage unit for calculating a quantity list using a corresponding
issue's standard price and buy price; a CPU for controlling to load a
corresponding program in the quantity calculation program storage unit to an inner main memory, execute it, and output calculation results of the quantity
list; and a display for displaying the calculation results output by the CPU, to
a user.
In still another aspect of the present invention, a cyber trading
service method for providing the cyber trading service according to requests
by a plurality of client PCs, comprises: transmitting stock price information to
a corresponding client PC when a user selects a predetermined issue on a
buy order screen through a cyber trading system in the client PC; receiving
the user's account number from the client PC, inputting the amount of
previously deposited money to a previously established calculation program
to calculate a buy price list, and outputting calculation results to the
corresponding client PC; and receiving the user's issue code and buy price
from the client PC, and inputting the corresponding issue's standard price
and buy price to the previously established calculation program to calculate a
quantity list, and outputting calculation results to the corresponding client PC.
In further another aspect of the present invention, a cyber trading
service method for receiving stock information from a securities corporation's
server and providing the cyber trading service, comprises: (a) a CPU
displaying stock price information on a buy order screen when a user logs in
to a cyber trading system in a client PC; (b) the CPU receiving previously
deposited money information from the securities corporation's server when
the user selects a buy price calculation on the buy order screen, using a
corresponding calculation program to calculate a buy price list, and displaying the buy price list in a buy price list window; (c) the CPU using a
corresponding calculation program to calculate the buy quantity
corresponding to a stock price list and a stock price, and displaying it in a
quantity list window when the user selects a predetermined price in the buy
price list window; (d) the CPU setting a selected stock price to be a buy price,
the corresponding quantity to be a buy quantity, and automatically and
concurrently inputting them in a buy order blank when the user selects a
predetermined stock price in the quantity list window; and (e) the CPU using
a corresponding calculation program to calculate the profit and loss analysis
for each stock price and displaying the same in the quantity list window when
the user selects a predetermined stock price in the quantity list window.
BRIEF DESCRIPTION OF THE DRAWINGS
The accompanying drawings, which are incorporated in and
constitute a part of the specification, illustrate an embodiment of the
invention, and, together with the description, serve to explain the principles
of the invention:
FIG. 1 shows a configuration block diagram of a cyber trading
service device according to a first preferred embodiment of the present
invention;
FIG. 2 shows a configuration of a quantity analysis system of a cyber
trading system according to the first preferred embodiment of the present
invention; FIG. 3 shows a detailed configuration of a quantity calculation
program database of the quantity analysis system according to the first
preferred embodiment of the present invention;
FIG. 4 shows a configuration of a cyber trading system in a client PC
(personal computer) of the cyber trading service device according to a
preferred embodiment of the present invention;
FIG. 5 shows a buy order screen of the cyber trading system in the
client PC according to the first preferred embodiment of the present
invention;
FIGs. 6(a) to 8(c) show an operation flowchart of a cyber trading
service method according to the preferred embodiment of the present
invention;
FIG. 9 shows a configuration block diagram of a cyber trading
service device according to a second preferred embodiment of the present
invention;
FIG. 10 shows a cyber trading system in the client PC according to
the second preferred embodiment of the present invention;
FIG. 1 1 shows a detailed block diagram of a quantity calculation
program storage unit of FIG. 10;
FIGs. 12(a) to 15 show an operation flowchart of the cyber trading
service device according to the second preferred embodiment of the present
invention;
FIG. 16 shows an exemplified buy price list calculated by the cyber
trading system; FIGs. 17(a) to 17(k) show an exemplified quantity list calculated by
the cyber trading system;
FIG. 18 shows an exemplified buy order screen according to the
preferred embodiment of the present invention, showing a buy price list, a
quantity list, and a buy order input window; and
FIG. 19 shows a comparison between a conventional buy order
method and an improved buy order method according to the preferred
embodiment of the present invention.
DETAILED DESCRIPTION OF THE PREFERRED EMBODIMENTS
In the following detailed description, only the preferred embodiment
of the invention has been shown and described, simply by way of illustration
of the best mode contemplated by the inventor(s) of carrying out the
invention. As will be realized, the invention is capable of modification in
various obvious respects, all without departing from the invention.
Accordingly, the drawings and description are to be regarded as illustrative in
nature, and not restrictive.
FIG. 1 shows a configuration block diagram of a cyber trading
service device according to a first preferred embodiment of the present
invention.
As shown, the cyber trading service device comprises: a plurality of
client PCs 200(1 ) to 200(N); a communication network 300; and a quantity
analysis system 100. A securities corporation installs an exclusive-use emulator or a web
browser for cyber trading in the client PCs 200(1) to 200(N) through the
communication network 300 or a compact disk (CD). When the exclusive-use
emulator or the web browser is executed, the client PCs 200(1) to 200(N) are
connected to the quantity analysis system 100, and when each user selects
a quantity calculation button on a buy order screen, an issue code and a buy
price are output to the quantity analysis system 100 through the
communication network 300. The client PCs receive a quantity list from the
quantity analysis system 100, and it is displayed on a buy order screen on
the client PC 200.
The communication network 300 connects communication cables
between the client PCs 200(1) to 200 (N) and the quantity analysis system
100 of each securities corporation so as to transmit and receive data of a
quantity list. When an issue code and a buy price are input through the buy
order screen of each client PC according to each user's quantity calculation
selection, the quantity analysis system 100 inputs a basic value and the buy
price to a previously established calculation program to calculate the quantity
list, and outputs the calculation results to the corresponding client PC.
FIG. 2 shows a configuration of the quantity analysis system 100 of
the cyber trading system according to the first preferred embodiment of the
present invention.
Referring to FIG. 2, the quantity analysis system 100 comprises: a
main controller 1 10; a communication controller 120; a client information
database 130; an account information database 140; a stock price information database 150; a management program input unit 160; a quantity
calculation program database 170; and a quantity list calculator 180.
The communication controller 120 performs wire and wireless
communication related to quantity lists between the client PC 200(1) to
200(N) and the quantity analysis system 100. When an account number, an
issue code, and a buying price according to each user's selection of quantity
calculation are input, the communication controller 120 receives data and
transmits the data to the main controller 110, and outputs a quantity list to
the corresponding clients PC(200(1), ... , 200(N)) through the communication
network 300 according to control by the main controller 110. The main
controller 110 determines whether the account number, the issue code, and
the buying price according to each client PC user's selection of quantity
calculation are input on the basis of a management program input through
the management program input unit 160.
Also, the main controller 110 uses corresponding programs of the
quantity calculation program database 170, the account information
database 140, and the corresponding data of the stock price information
database 150, each input through the management program input unit 160,
to drive the quantity list calculator 180 to calculate the quantity list and
control to output calculation data. The client information database 130
provides the main controller 110 with data needed for determining registered
user states at the time of logging in. The account information database 140
for storing information on the user's previously deposited money provides an available buying price to the quantity list calculator 180. The stock price
information database 150 transmits the standard price of the corresponding
item to the quantity list calculator 180.
The management program input unit 160 inputs various
management programs and a quantity list calculation program related to the
cyber stock trading used at the main controller 1 10 by a manager of the
quantity analysis system 100. A calculation program of the quantity
calculation program database 170 is transmitted to the quantity list calculator
180 according to instructions by the main controller 1 10. Various calculation
programs of the quantity calculation program database 170 have built-in
commission rates and break-even point rates, and a process for receiving
other parameters (e.g., a standard price and a buying price) and calculating
them will be described below. The quantity list calculator 180 uses
calculation programs and input parameters to perform calculation according
to control by the main controller 1 10. In the calculations, the corresponding
calculation program of the quantity calculation program database 170 input
by the management program input unit 160, the buying price, and the
standard price of the corresponding item input by the stock price information
database 150 are used to calculate the quantity list, and the calculation
results are transmitted to the main controller 1 10.
FIG. 3 shows a block diagram of the quantity calculation program
database 170 of the quantity analysis system 100 according to the first
preferred embodiment of the present invention. The quantity calculation
program database 170 of the quantity analysis system 100 comprises a buy price calculation program 170a and a quantity calculation program 170b, and
additional units may be added, removed, or modified if needed.
Operations of the respective calculation programs of the quantity
calculation program database 170 are as follows. The buy price calculation
program 1 70a of the quantity calculation program database 170 calculates a
volume list of the buy price using the amount of previously deposited money
(buying money) of account information, outputs a percent list having a range
from 1 to 100%, and multiplies the buying money by the percent to output a
buy money list for the respective percents (In the case the buying money is
7,500,000 Won, the buy price becomes 7,500,000, 7,425,000, 7,350,000, ... ,
150,000, 75,000 Won).
The quantity calculation program 170b calculates a buyable quantity
for each stock price, and other information (commission, commission rates,
break-even points, and break-even differences) according to a stock price list
(including ADR and advance-decline depth) to which nominal prices from the
highest limit to the lowest limit of corresponding issues are applied, by using
the input items including the standard prices of the corresponding issues and
the buy prices. The calculation process includes 1) calculating the highest
limit price and the lowest limit price with reference to the standard price of
the corresponding issue, and applying the nominal prices from the highest to
lowest limit prices to produce a stock price list, 2) dividing the respective
stock prices of the stock price list by the standard price to produce the ADR,
3) subtracting the standard price from the respective stock prices of the stock
price list to produce the advance-decline depth, 4) dividing the buy prices by the respective stock prices to calculate the buyable quantity, 5) multiplying
the stock price by the buy quantity to produce the actual buy price, 6)
multiplying the actual buy price by the commission rate, and adding a default
commission to the multiplied results to produce the commission, 7) dividing
the commission by the actual buy price to produce the commission rate, 8)
multiplying the stock price by the break even point rate to produce the break
even point, and 9) subtracting the stock price from the break even point to
produce the break-even difference. In the case of nations where stock prices
have no highest and lowest limit prices, the stock price list is produced with
reference to values (e.g., ± 20.0%, -10.0 ~ +30.0%) set by the user.
FIG. 4 shows a cyber trading system 200 in a client PC in a cyber
trading service device according to the preferred embodiment of the present
invention.
Referring to FIG. 4, the cyber trading system 200 in the client PC
comprises a central processing unit (CPU) 210; a communicator 220; a cyber
trading program storage unit 230; and a buy order screen 240.
The communicator 220 performs wire and wireless communication,
related to production of a quantity list, between the client PCs 200(1 ) to
200(N) and the quantity analysis system 100. The communicator 220 outputs
an account number, an issue code, and a buy price resulting from each
user's selecting the quantity calculation button of the quantity analysis
system 100, and receives the quantity list from the quantity analysis system
100.
The CPU 210 controls to output the account number, the issue code, and the buy price according to the user's selection of the quantity calculation
button. Also, the CPU 210 displays the quantity list data input by the quantity
analysis system 100 through the communicator 220, in a quantity list window.
The cyber trading program storage unit 230 stores a cyber-trading-
only emulator program, automatically downloaded from the quantity analysis
system 100 after log-in.
The buy order screen 240 displays a quantity list according to control
by the CPU 210, and outputs the buy quantity and buy unit-cost data input
by the user for buying desired stocks to the quantity analysis system 100.
FIG. 5 shows an exemplified buy order screen 240 of the cyber
trading system 200 in the client PC according to the first preferred
embodiment of the present invention.
The buy order screen 240 of the cyber trading system 200
comprises: a buy price calculation button 240a; a buy price list window 240b;
a buy price input blank 240c; a quantity calculation button 240d; a quantity
list window 240e; a buy quantity input blank 240f; a buy unit-cost input blank
240g; and a nominal price information window 240h.
In this instance, the buy price calculation button 240a of the buy
order screen 240 enables division of the amount of previously deposited
money of the user's stock account into 100 1 % units to calculate the same.
The buy price list window 240b displays the list of the amount of previously
deposited money divided into 100 1% units. The buy price input blank 240c
receives corresponding values when the user directly inputs the buy price through a keyboard or selects a predetermined value of the buy price list
window 240b. The quantity calculation button 240d is an instruction button
for calculating the buyable quantity for each stock with reference to the price
of the buy price input blank 240c. The quantity list window 240e displays the
quantity list for each stock calculated according to the instruction by the
quantity calculation button 240d. When the user selects a predetermined row
in the quantity list window 240e, the buy quantity input blank 240f and the
buy unit-cost input blank 240g automatically and concurrently receive the
row's stock price and quantity. The nominal price information window 240h
displays stock price information including the corresponding issue's standard
price, nominal price, and buy and sell quantity for each nominal price.
With reference to the drawings, an operation of the cyber trading
service device and method according to the first preferred embodiment of the
present invention will now be described in detail.
FIGs. 6(a) to 8(c) show flowcharts for the cyber trading service
method according to the preferred embodiment of the present invention.
As shown, when the user executes a cyber-trading-only emulator or
a web browser in the client PC 200(1 ), the client PC 200(1) accesses the
quantity analysis system 100 of each securities corporation through the
communication network 300 in step S1 .
After accessing the quantity analysis system 100, the client PC
200(1 ) displays a log-in screen output by the quantity analysis system 100 in
step S2. The client PC 200(1 ) outputs the ID and the password input by the
user to the quantity analysis system 100, and the main controller 1 10 of the
quantity analysis system 100 determines whether the ID and the password
are matched with the data registered to the client information database 130.
When the user is found to be a registered user after said determination, the
main controller 1 10 outputs a main screen in step S3.
After this, when the user selects the buy order screen 240 and inputs
(or selects) an issue number of a desired stock (including stocks, futures,
and options) to the client PC 200(1 ), the CPU 210 periodically receives
information on the prices (including standard prices, nominal prices, sell/buy
prices, etc.) of the issues from the quantity analysis system 100, and
displays it on the nominal price information window 240h in step S4.
The above steps S1 to S4 correspond to a conventional cyber
trading method.
Under this status, the CPU 210 determines whether the user directly
inputs the buy price to the buy price input blank 240c through the keyboard
or selects the buy price calculation button 240a in step S5. When it is found
that the user directly inputs the buy price to the buy price input blank 240c,
the CPU 210 receives the input buy price in step S6.
Referring to FIGs. 7(a) and 7(b), when the user selects the buy price
calculation button 240a so as to know the list of the amount of previously
deposited money and the buy price of divided amount of previously
deposited money in step S7, the CPU 210 outputs a buy price calculating
key signal and the user's account number data to the quantity analysis system 100 in step S8a.
The main controller 1 10 of the quantity analysis system 100
determines whether the buy price calculating key signal and the user's
account number data are input from the client PC 200(1) through the
communication controller 120 in step S8b.
When the key signal is found to be input at the time of calculating the
buy price after the determination, the main controller 1 10 transmits the buy
price calculation program 170a of the quantity calculation program database
170 to the quantity list calculator 180 in step S8c, transmits the amount of
previously deposited money of the account information database 140 to the
quantity list calculator 180 in step S8d, and instructs the quantity list
calculator 180 to execute a corresponding calculation in step S8e.
Next, the quantity list calculator 180 inputs the amount of previously
deposited money to the buy price calculation program 170a according to the
calculation instruction from the main controller 1 10 in step S8f, and divides
the amount of previously deposited money into units of from 100 to 1 % in 1 %
graduations in step S8g. (That is, the amount of the previously deposited
money is multiplied by 100%, 99%, 98%, ... , 3%, 2%, 1 % to produce the
volume of the buy price per percent.) The division units may be variously
applied according to the values (e.g., 1 % graduations, 2% graduations,
ranges of between 20 and 50%, or between 30 and 100%) set by the user,
or the amount of the previously deposited money may be redefined per
1 ,000/10,000 Won. The quantity list calculator 180 transmits a calculation completion
signal and calculated buy price list data to the main controller 1 10 in step
S8h.
When receiving the calculation completion signal and the buy price
list from the quantity list calculator 180 in step S8i, the main controller 1 10
outputs the buy price list data to the client PC 200(1 ) through the
communication controller 120 in step S8j.
When the buy price list data are input to the client PC 200(1 ) from
the quantity analysis system 100 in step S8k, the CPU 210 of the client PC
displays the input buy price list data to the buy price list window 240b of the
buy order screen 240 in step S8I.
Next, when the user synthetically handles the percentages and the
buy prices per percent of the buy price list window 240b to determine the buy
price, (or to complete making a volume decision), and selects a
predetermined line (a row, percent, and buy price) of the buy price list
window so as to input the determined buy price in step S9, the CPU 210
inputs the selected buy price to the buy price input blank 240c, and highlights
the corresponding line in step S10.
Here, the user can modify the buy price of the buy price input blank
240c to other values using a spin button or a keyboard.
Next, referring to FIGs. 8(a) to 8(c), when the user selects the
quantity calculation button 240d of the buy order screen 240 in step S11 , the
CPU 210 outputs a quantity calculating key signal, an issue code, and buy
price data of the buy price input blank 240c to the quantity analysis system 100 in step S 12a.
The main controller 1 10 of the quantity analysis system 100
determines whether a quantity calculating key signal, an issue code, and buy
price data are input from the client PC 200(1 ) through the communication
controller 1 10 in step S12b.
When the quantity calculating key signal is input after the
determination, the main controller 1 10 transmits the quantity calculation
program 170b of the quantity calculation program database 170 to the
quantity list calculator 180 in step S12c, transmits the standard price of the
corresponding issue of the quantity calculation program 170b to the quantity
list calculator 180 in step S12d, transmits the buy price input from the client
PC to the quantity list calculator 180 in step S12e, and instructs the quantity
list calculator 180 to execute the corresponding calculation in step S12f.
Next, the quantity list calculator 180 inputs the standard price and
the buy price to the quantity calculation program 170b according to the
calculation instruction from the main controller 1 10 in step S12g, calculates
the highest and lowest limit values using the corresponding issue's standard
price in step S12h, and calculates a stock price list by applying the nominal
prices from the highest limit value to the lowest limit value in step S12i. Next,
the quantity list calculator 180 divides the respective stock prices of the stock
price list produced in the previous step S12i by the standard price to
calculate the ADR list for the respective stock prices in step S12j, subtracts
the standard price from the respective stock prices of the stock price list to
calculate a per-stock advance-decline depth list in step S12k, and divides the buy price input from the client PC by the respective stock prices of the stock
price list to calculate the buyable quantity for each stock price in step S121.
Next, the quantity list calculator 180 multiplies the buyable quantity
by the stock price of the stock price list to calculate the actual buy price for
each stock price in step S12m, multiplies the actual buy price by the
commission rate according to the volume of transaction money, adds the
default commission to the multiplied value to calculate the commission for
each stock price in step S12n, divides the commission by the actual buy
price to calculate the commission rate in step S12o, multiplies the stock price
by the break-even point rate to calculate the break-even point for each stock
price in step S12p, and subtracts the stock price from the break-even point to
produce the break-even difference for each stock price in step S12q, and
thence the calculation is completed.
When the calculation is completed, the quantity list calculator 180
transmits a calculation completion signal and quantity list data (including the
stock prices, ADRs, advance-decline depths, actual buy prices, commission
(rates), and break-even point (break-even difference) lists) to the main
controller 1 10 in step S12r.
When receiving the calculation completion signal and the quantity list
data from the quantity list calculator 180 in step S12s, the main controller
1 10 outputs the quantity list data to the client PC 200(1) through the
communication controller 120 in step S12t.
When the quantity list data are input to the client PC 200(1 ) from the
quantity analysis system 100 in step S12u, the CPU 210 of the client PC 200(1 ) displays the input quantity list data to the quantity list window 240e of
the buy order screen 240 in step S12v.
Next, a process for the user to synthetically analyze the stock prices,
ADRs, and advance-decline depths; select a desired buy price; and input a
buy order while the stock price and the buy quantity are displayed in the
quantity list window 240e will be described.
The CPU 210 determines whether the user selects (or clicks twice) a
predetermined row of the quantity list window 240e so as to input a buy order
in step S13.
When the user is found to select the predetermined row of the
quantity list window 240e after the determination, the CPU 210 automatically
inputs the stock price of the row selected by the user in the input blank 240g,
and automatically inputs the quantity of the row selected by the user in the
buy quantity input blank 240f at the same time in step S15. Accordingly, by
the user's selecting the predetermined row using a mouse, the buy unit-cost
and the buy quantity needed for the buy order are concurrently and
automatically input.
The CPU 210 highlights the selected row in the quantity list window
240e and the corresponding stock price in the nominal price information
window 240h in step S16 (so that the user may easily and visually find the
buy price and the position where the quantity is displayed.)
Next, when the user selects a buy order transfer button according to
the user's final confirmation and determination, the CPU 210 outputs an account number, a transaction password, an issue code, a buy unit cost in
the buy unit cost input blank 240g, and buy quantity data in the buy quantity
input blank 240f to the quantity analysis system 100 in step S17. Accordingly,
the quantity analysis system 100 transmits them to the KOSCOM 400 and
outputs transaction conclusion results to the client PC.
A case when the user cancels or amends the input order will now be
described. After the buy order is input, when the user selects an order cancel
instruction of the right button of the mouse positioned on the row
corresponding to the highlighted buy price in the quantity list window 240e or
the nominal price information window 240h in step S18, the CPU 210
cancels the buy order matched with the corresponding price in step S19.
Also, when the user drags the row matched with the highlighted buy
price in the quantity list window 240e or the nominal price information
window 240h to a different price or selects a new price in step S20, the CPU
210 automatically inputs the selected price in the buy unit-cost input blank
240g, and when the user selects an order correction instruction, it sets the
newly selected price as a correction price, and performs a buy correction
order in step S21.
Accordingly, the user can correctly, quickly, and easily provide a buy
order while viewing the buy unit cost and buy quantity information, thereby
having a more advantageous investment environment.
A second preferred embodiment for enabling the client PC's cyber
trading system to calculate the quantity list by marginally modifying the first
preferred embodiment for calculating the quantity list by a securities corporation's quantity analysis system 100 will now be described.
In the second preferred embodiment, the client's PC's cyber trading
system and not the securities corporations' quantity analysis system 100
calculates all of the quantity lists.
FIG. 9 shows a configuration of the quantity analysis system 100
according to the second preferred embodiment of the present invention. FIG.
9 corresponds to a system for providing information on the accounts and
stock prices generally used by the securities corporations.
Referring to FIG. 9, the quantity analysis system 100 comprises a
main controller 1 10; a communication controller 120; a client information
database 130; an account information database 140; and a stock price
information database 150.
The communication controller 120 of the quantity analysis system
100 performs wire and wireless communication related to the information on
the clients, dealing with accounts and stock prices, between the client PCs
200(1) to 200(N) and the quantity analysis system 100. The communication
controller 120 outputs the user's account information (the previously
deposited money amount) and stock price information (the standard price)
data to the corresponding client PCs 200(1 ) to 200(N) through the
communication network 300. The main controller 1 10 controls information on
the account of the stock price to output to the corresponding client PC. The
client database 130 provides data needed for determining registered user
states at the time of logging in. The account information database 140 provides the user's previously deposited money data. The stock price
information database 150 stores stock price information including the
corresponding issues' standard prices, current prices, nominal prices, buy
and sell quantities for each nominal price, transaction volumes, highest and
lowest limit values respectively input from the KOSCOM 400, and provides it
to the client PC.
FIG. 10 shows a configuration of a cyber trading system 200 in the
client PC according to the second preferred embodiment of the present
invention.
The cyber trading system 200 in the client PC comprises a CPU 210;
a communicator 220; a quantity calculation program storage unit 230; and a
buy order screen 240.
The communicator 220 performs wire and wireless communication
related to information on the accounts and stock prices between the client
PC and the quantity analysis system 100. The communicator 220 receives
previously deposited money data according to the user's referring to the
amount of previously deposited money, and a corresponding issue's stock
price information, and transmits them to the CPU 210. The CPU 210 1 )
controls to request and receive account information from the quantity
analysis system 100, 2) displays stock price information, 3) calculates the
buy price and the quantity list according to the user's request of calculating
the buy price and the quantity list, 4) displays the buy price and quantity list
data, and 5) executes a buy order. The quantity calculation program storage unit 230 stores various programs for calculating the buy price, the quantity
list and the profit and loss analysis automatically downloaded from the
quantity analysis system 100 after log-in. The programs are not varied as
long as the nominal price units, the depth of the highest and lowest limits,
and the commission rates are not changed. Hence, once they are
downloaded in the initial step, they do not need to be downloaded each
accessing time. The buy order screen 240 displays the corresponding
issue's stock price information, the buy price list and the quantity list
information according to control by the CPU 210, and outputs the buy
quantity and buy unit cost data input by the user to buy desired stocks, to the
quantity analysis system 100.
FIG. 1 1 shows a configuration of the quantity calculation program
storage unit 230 according to the second preferred embodiment of the
present invention. The programs in the quantity calculation program storage
unit 230 comprise: a buy price calculation program 230a; a quantity
calculation program 230b; and a profit and loss analysis program 230c. The
operation of the buy price calculation program 230a and the quantity
calculation program 230b is identical with that of the buy price calculation
program 170a and the quantity calculation program 170b, and therefore no
operation of the corresponding programs will be described.
The profit and loss analysis program 230c analyzes various kinds of
profit and loss, assuming that the quantity of the buy quantity input blank
240f is set to be a quantity, the stock price of the buy unit cost input blank
240g is set to be a buy price, and the stock price of the stock price list is set to be a sell price. The process of analyzing the profit and loss includes 1 )
dividing the stock price of the stock price list by the buy price to calculate an
earning rate for each stock price, 2) subtracting the buy unit price from the
stock price to calculate a profit and loss degree, and 3) multiplying the profit
and loss degree by the quantity to calculate a total profit and loss. Further,
the profit and loss analysis program 230c may include calculations of: the
commission for each stock price (i.e., (buy price + sell price) x commission
rate); the commission rate (i.e., commission / (buy price + sell price)); the net
profit or loss (i.e., total profit or loss - commission); the net profit or loss rate
for each stock price (i.e., (total profit or loss - commission) / total buy price);
the total sell price (i.e., stock price x quantity); and the total sell rate (i.e.,
total sell price / total buy price). The profit and loss analysis method can
calculate the profit and loss for each stock price after the user selects the
buy unit cost and the buy quantity.
A process for the cyber trading service device to calculate a buy
price list, a quantity list, and a profit and loss analysis according to the
second preferred embodiment of the present invention will now be described.
Referring to FIG. 12(a), a client PC 200(1 ) accesses each securities
corporation's quantity analysis system 100 through the communication
network 300 in step T1 . The client PC displays a log-in screen and outputs
an ID and a password to the quantity analysis system 100 in step T2. In the
case the user is a registered one, the quantity analysis system 100 outputs
the most recent cyber trading program and the CPU 210 stores the downloaded quantity calculation program in the quantity calculation program
storage unit 230 in step T3.
When the user selects the buy order screen 240 on the client PC
200(1 ), the CPU 210 displays the buy order screen 240, and when the user
inputs (or selects) an issue code, the CPU 210 periodically receives stock
price information from the stock price information database 150 of the
quantity analysis system 100 and displays it in the nominal price information
window 240h in step T4. The steps of T1 to T4 are well known to skilled
persons and accordingly no further corresponding description will be
provided.
Next, a process for calculating the buy price list and the quantity list
through the cyber trading system of the client PC 200(1 ) will be described.
Referring to FIG. 12(b), under this state, the CPU 210 determines
whether the user directly inputs the buy price in the buy price input blank
240c through a keyboard or selects the buy price calculation button 240a in
step T5. When it is found from the determination that the user directly inputs
the buy price in the buy price input blank 240c, the CPU 210 receives the
input price in step T6.
Referring to FIG. 13, when it is found that the user selects the buy
price calculation button 240a in step T7, the CPU 210 outputs user account
number data to the quantity analysis system 100 in step T8a. When a
request for account information (or amount of previously deposited money) is
input, the quantity analysis system 100 outputs the user's previously
deposited money data of the account information database 140 to the client PC 200(1 ) in step T8c. The options of directly inputting the buy price through
a keyboard or selecting the buy price calculation button are provided for
improving the user's convenience.
Next, when account reference (or previously deposited money) data
are input to the client PC 200(1) from the quantity analysis system 100 in
step T8d, the CPU 210 calls the buy price calculation program 240a from the
quantity calculation program storage unit 230, and inputs the amount of
previously deposited money to the buy price calculation program 240a to
calculate a buy price list in step T8e. Since this calculation is matched with
that executed by the quantity list calculator 180 of the quantity analysis
system 100, no further detailed description will be described.
When the calculation is finished, the CPU 210 displays the
calculated data in the buy price list window 240b in step T8f.
Next, when the user selects a predetermined line (row, percent, buy
price) on the buy price list 240b so as to know the buyable quantity for each
stock price according to the buy price in step T9, the CPU 210 inputs the
selected buy price in the buy price input blank 240c and highlights the
corresponding line on the buy price list in step T10.
After this, referring to FIG. 14, when the user selects the quantity
calculation button 240d of the buy order screen 240 in step T1 1 , the CPU
210 calls the quantity calculation program 240b from the quantity calculation
program storage unit 240 in step T12a, and the corresponding issue's
standard price from the nominal price information window 240h in step T12b. The CPU 210 then calculates the quantity list (stock prices, ADRs,
advance-decline depths, commissions, commission rates, break-even points,
and break-even differences). Since this calculation is matched with that
executed by the quantity list calculator 180 of the quantity analysis system
100 according to the first preferred embodiment of the present invention, no
further detailed description will be provided.
When the calculation is finished, the CPU 210 displays the
calculated data in the quantity list window 240d in step T12e.
Next, a process for inputting a buy order and analyzing the profit and
loss will be described.
Referring to FIG. 12c, the CPU 210 determines whether the user
synthetically checks the stock price, ADR, advance-decline depth and
quantity, decides a desired buy price, and selects (or clicks twice using a
mouse) a predetermined row of the quantity list window 240e to input a buy
order in step T13.
When the user selects the predetermined row of the quantity list
window 240e after the determination, the CPU automatically inputs the stock
price on the row selected by the user in the buy unit cost input blank 240g,
and at the same time, it automatically inputs the quantity on the row selected
by the user in the buy quantity input blank 240f in step T15, and the CPU
210 highlights the row selected by the user in step T16.
Also, the CPU 210 executes the profit and loss analysis assuming
that the quantity of the buy quantity input blank 240f is set to be a quantity,
the stock price of the buy unit cost input blank 240g is set to be a buy price, and the stock price of the stock price list is set to be a sell price.
The CPU 210 calls the profit and loss analysis program 230c from
the quantity calculation program storage unit 240 in step T17a, and inputs
the stock price list, the buy quantity, and the buy unit cost to the profit and
loss analysis program 230c in step T17b. Next, the CPU 210 divides the
stock price of the stock price list by the buy price to calculate the earning rate
for each stock price in step T17c, subtracts the buy unit cost from the stock
price of the stock price list to calculate a profit and loss depth in step T17d,
and multiplies the profit and loss depth by the quantity to calculate the total
profit or loss for each stock price in step T17e, and therefore, the
corresponding calculation is finished.
When the calculation is finished in step T17f, the CPU 210 displays
the calculated profit and loss analysis data (including the total profit and loss,
the earning rate, and the profit or loss depth) in the quantity list window 240d
in step T17g. Therefore, since the user can previously check the changes of
the total profit and loss varied for each price using the buy price and quantity
before transmitting a buy order (i.e., without actually buying the stocks), the
user can more correctly decide a buy opinion.
Further, the profit and loss analysis program 230c may include
calculations of: the commission for each stock price (i.e., (buy price + sell
price) x commission rate); the commission rate (i.e., commission / (buy price
+ sell price)); the net profit or loss for each stock price (i.e., total profit or loss
- commission); the net profit or loss rate (i.e., (total profit or loss -
commission) / total buy price); the total sell price (i.e., stock price x quantity); and the total sell rate (i.e., total sell price / total buy price) in addition to the
total profit and loss, the earning rate, and the profit or loss depth.
Next, when the user selects a buy-order transmission button, the
CPU 210 outputs buy order information to the quantity analysis system 100
in step T18. The process for canceling or correcting the order is matched
with that of the first preferred embodiment in steps T19 to T21 .
For reference, several data and calculation results applied to the
embodiments of the present invention will now be described.
FIG. 16 shows an exemplified buy price list calculated by the quantity
analysis system 100 or the cyber trading system 200. In the case of an
unpaid buy (or a credit order), the amount of previously deposited money
becomes 100%, and the maximum credit buy becomes 250% (in the case of
2.5 times), and hence, the buy price list can be expanded. In the case of
desiring to buy a plurality of issues, the user can divide the amount of
previously deposited money according to a predetermined percent and
assign the divided money to buy the issues. Also, since the user can
synthetically determine the percent of the previously deposited money of the
list and the corresponding money, the user can more correctly and quickly
decide the buy price.
FIGs. 17(a) to 17(k) show exemplified quantity lists calculated by the
quantity analysis system 100 or the cyber trading system 200. In regard to all
the stock prices (the stock prices from the highest to lowest limits, the ADRs,
and the advance-decline depths) in a day, the user can obtain core
information (earning rate, profit and loss depth, and total profit and loss) on the profit and loss, and trends for each stock price, varied according to
respective values and mostly desired by the user, as well as the buyable
quantity for each stock price, other additional information (including
commission (rates) and break-even point (differences)). Therefore, by
accurately obtaining the stock price information and the profit and loss
information, the user can more effectively decide desired buy prices,
automatically calculate the quantity according to the buy price volume, and
visually check the trends of various profits and losses for respective price
ranges to be generated according to selection of the buy price without
calculation. Accordingly, the user can use the present embodiment as a
scientific and quick tool for deciding whether to buy the desired stocks, such
as restraining from buying stocks while their prices are rising, additional
increasing/decreasing the buy price or quantity, and establishing limits for
sale with a loss. That is, since the user can integrate various kinds of core
information needed for the buy order into a point, the user can use more
advanced stock investment environments. Also, the user completes the buy
order by only selecting a predetermined line.
The quantity list can be edited and displayed in many various ways
according to screen features or the user's requests. That is, a specific
column or a specific data region can be calculated or displayed according to
the user's requirements.
FIG. 18 shows an exemplified buy order screen 240 on which a buy
price list according to an amount of previously deposited money, and a buy quantity list per stock price with reference to a predetermined price (the buy
price) from among many buy prices are provided, and the buy order
according to selection of the buy price is automatically input through a simple
operation. That is, since all calculation and information needed for the buy
order is integrated and automatically displayed on the buy order screen 240,
the user can finish the desired order through clicking the mouse twice.
FIG. 19 shows a comparison of the conventional buy order method
to the improved buy order according to the present invention. The improved
points include the conveniences wherein the buy unit-cost and the quantity
are automatically and concurrently input when the investor just clicks the
mouse once, the accuracy improvements wherein the present invention
completely removes incorrect inputting and mistyping of the buy unit-cost
and the buy quantity, no necessity of checking correct input states after
inputting data, minimization of the hand and eye operation, and minimization
of operations and time caused by not using the keyboard.
The investor can complete the order by analyzing the stock price and
the quantity in the quantity list, and selecting the desired buy price through
one click of the mouse. Order correction and cancellation are also executed
through one click of the mouse.
As described above, the cyber trading service device and method
according to the embodiments of the present invention has the following
merits.
1 ) Step 1 of determining the buy price volume: The investor can
check the buy price list that includes the amount of subdivided previously deposited money (including the orderable price and the credit order price)
only through one click of the mouse, and by synthetically determining the
percent and the corresponding price and selecting a specific price, the
investor can fix it as the buy price.
2) Step 2 of analyzing the buy unit-cost: The investor can
automatically check stock price information (including stock prices, ADRs
and advance-decline depths) from the highest to lowest limits through a table
format. Also, by synthetically checking the stock prices, ADRs and advance-
decline depths, the investor experiences synergy effects and can more
accurately decide buy price regions.
3) Step 3 of calculating the buy quantity: By clicking the mouse once,
the investor can automatically know the buyable quantity for each stock price
according to the buy price.
4) Step 4 of the buy order: By clicking the mouse once on the
quantity list, the investor can automatically and concurrently input the buy
quantity and the buy unit-cost, and execute the order. Also, the investor can
easily execute cancellation or correction orders. The time required for the
buy order is reduced to 1 to 3 seconds compared to the conventional
required time of more than 10 seconds. Since incorrect data inputs of the
buy price and the buy quantity do not occur, undesirable loss is prevented.
The present invention prevents the investor from mistyping the buy price and
the buy quantity, and does not require the 10 keyboard inputs normally
needed for inputting the desired price and quantity. Conventionally, the
investor had to alternately look at the monitor and the keyboard more than four times, and the investor can now only view the monitor. It is no longer
required for the investor to finally check whether the buy quantity and the
corresponding unit cost are accurately input before transmitting the order, to
analyze buy-related information generated after the input of the order, and to
alternately use the keyboard and the mouse for inputting numbers.
5) Simulation of the profit and loss analysis: The investor can use
various profit and loss services for the respective stock prices using the buy
unit cost and the buy quantity before transmitting the buy order, and
accordingly, since the investor can check various profits and losses without
actually buying the stocks, the investor can determine the volume and trends
of the profit and loss and receive services for supporting buy and sell
decisions such as restraining from buying stocks while their prices are rising,
deciding to cancel the buy, additional increasing or reducing the buy price
and quantity, modifying the buy price, previously determining the sell price,
and determining the price of a sale with a loss. The conventional method
does not have the concept of profit and loss before the buy.
6) Catching of additional information: The investor can more
accurately decide the buy order through checking the commissions, the
commission rates, the break-even points, and the break-even differences. In
the case of daily trading, when the investor sells the stocks with the price of
over the buy price by one nominal price (one click or tick), the investor can
previously check whether he earns or loses for each stock price.
7) Synergy effects: Since the investor can check buy-related core
information such as the buy price list, the quantity list, and various kinds of profit and loss information in an integrated environment for the respective
price regions, he can obtain a more profitable investment environment.
8) Two-dimensional calculation: According to the present invention,
two-dimensional buy-related information with respect to all price regions can
be calculated once. Also, since the stock price and quantity analysis data are
displayed in the table format, the investor and check much integrated data at
a first attempt.
9) Application in the case of sell order: When the investor is holding
the stocks, the process for setting a portion of estimated stock prices to be a
sell price (a sell price list), calculating the sell quantity for each stock price
according to the sell price (a quantity list), and automatically performing the
sell order, is matched with that of the present buy quantity service, and
hence, the identical method can be applied to the case of selling the stocks.
10) (a) The investor saves mental energy spent determining the
stock prices, the buy prices, and the quantity analysis, (b) Since the time
required for calculating the stock prices, dividing the amount of previously
deposited money, analyzing the quantity, and performing the buy order is
saved, time expenses are reduced, (c) It is not necessary for the investor to
put memo sheets, a pencil, and an electronic calculator before the monitor.
(d) Since the investor can previously print out the quantity list and adhere it
to the monitor to perform the transactions, the investor can more effectively
analyze the stock prices and the quantity, (e) Since the daily trader can
immediately check the break-even points on the buy order screen and the
present price screen, he can catch more clear sell-reference timing and maximize his profits.
While this invention has been described in connection with what is
presently considered to be the most practical and preferred embodiment, it is
to be understood that the invention is not limited to the disclosed
embodiments, but, on the contrary, is intended to cover various modifications
and equivalent arrangements included within the spirit and scope of the
appended claims.

Claims

WHAT IS CLAIMED IS:
1. A cyber trading service device for providing cyber trading services
according to requests by a plurality of client PCs (personal computers),
comprising:
a main controller for calculating a buy price list when a buy price
calculation request is received from a corresponding client PC, and
calculating a quantity list and outputting calculation results data when a
calculation request signal on the quantity list is received; and
a quantity list calculator for dividing an amount of previously
deposited money by percent (%) to calculate the buy price list when the
amount of previously deposited money is received through the main
controller, and calculating the quantity list that is buy information for
respective stock prices from the corresponding issue's standard price and
buy price and outputting corresponding calculation results to the
corresponding client PC when the user's issue code and buy price are input.
2. The device of claim 1 , further comprising a communication
controller for transmitting data to the main controller when the data including
an account number, an issue code, and a buy price are input from the client
PC according to the user's selection, and outputting the buy price list or the
quantity list calculated according to control by the main controller to the
corresponding client PC through a communication network.
3. The device of claim 1 or 2, further comprising:
a client information database for storing user IDs, passwords, account information and personal information, and providing data stored for
determining registered user states when the client PC user logs in so as to
perform cyber trading;
an account information database for storing the user's previously
deposited money information; and
a stock price information database for storing stock price
information periodically input by an external stock information provider,
including a corresponding issue's standard price, present price, nominal
price, sell quantity for each nominal price, buy quantity, transaction quantity,
and the highest and lowest limit prices.
4. The device of claim 3, further comprising:
a management program input unit for receiving a management
program related to the cyber stock transactions used by a manager at the
main controller, and a calculation program for calculating the quantity list;
and
a quantity calculation program database for storing a quantity list
calculation program input from the management program input unit.
5. The device of claim 4, wherein the quantity calculation program
database comprises:
a buy price calculation program for using the account information's
previously deposited money amount to calculate the buy price's volume list;
and
a quantity calculation program for calculating stock prices to which the nominal prices of from the highest limit to the lowest limit of the
corresponding issue are applied, advance-decline ratios (ADR) and advance-
decline depth lists, buyable quantity for each stock price according to the buy
price, actual buy price, commission, commission rate, break-even point, and
break-even difference.
6. The device of claim 5, wherein the calculation process by the
buy price calculation program includes the steps of:
calculating a percent (%) list of from 100 to 1 %; and
multiplying the respective percent values of the percent list by the
previously deposited money amount input from the account information
database to calculate a buy price list.
7. The device of claim 5, wherein the calculation process by the
quantity calculation program includes the steps of:
calculating the highest and lowest limit prices with reference to the
corresponding issue's standard price, and applying the nominal prices of
from the highest to the lowest limit prices to calculate a stock list;
dividing the respective stock prices of the stock price list by the
standard price to calculate the ADRs for each stock price;
subtracting the standard price from the respective stock prices of
the stock price list to calculate the advance-decline depth for the respective
stock prices;
dividing the buy price by the respective stock prices to calculate
the buyable quantity for each stock price;
multiplying the stock price by the buy quantity to calculate the actual buy price for each stock price;
multiplying the actual buy price by the commission rate and adding
the default commission to the multiplied results to calculate the commission
for each stock price;
dividing the commission by the actual buy price to calculate the
commission rate for each stock price;
multiplying the stock price by the break-even point rate to calculate
the break-even point for each stock price; and
subtracting the stock price from the break-even point to calculate
the break-even difference.
8. A cyber trading service device for receiving stock information
from a securities corporation's server and providing a cyber trading service,
comprising:
a quantity calculation program storage unit for calculating a
quantity list using a corresponding issue's standard price and buy price;
a CPU (central processing unit) for controlling to load a
corresponding program in the quantity calculation program storage unit to an
inner main memory, execute it, and output calculation results of the quantity
list; and
a display for displaying the calculation results output by the CPU to
a user.
9. The device of claim 8, wherein the quantity calculation program
storage unit comprises: a buy price calculation program for using the amount of previously
deposited money of account information to calculate the buy price's volume
list;
a quantity calculation program for calculating stock prices to which
the nominal prices of from the highest limit to the lowest limit of the
corresponding issue are applied, advance-decline ratios (ADR) and advance-
decline depth lists, buyable quantity for each stock price according to the buy
price, actual buy price, commission, commission rate, break-even point, and
break-even difference; and
a profit and loss analysis program for setting the quantity in a buy
quantity input blank to be a buy quantity, the stock price in the buy unit cost
input blank to be a buy price, and the stock price in the stock price list to be a
sell price, to perform profit and loss analysis.
10. The device of claim 9, wherein the profit and loss analysis
program includes steps of:
dividing the stock price in the stock price list by the buy price to
calculate the earning rate;
subtracting the buy unit cost from the stock price in the stock price
list to calculate the profit and loss depth; and
multiplying the profit and loss depth by the quantity to cajculate the
total profit and loss for each stock price.
1 1. A cyber trading service method for providing a cyber trading
service according to requests by a plurality of client PCs, comprising:
transmitting stock price information to a corresponding client PC when a user selects a predetermined issue on a buy order screen through a
cyber trading system in the client PC;
receiving the user's account number from the client PC, inputting a
previously deposited money amount to a previously established calculation
program to calculate a buy price list, and outputting calculation results to the
corresponding client PC; and
receiving the user's issue code and buy price from the client PC,
and inputting the corresponding issue's standard price and buy price to the
previously established calculation program to calculate a quantity list, and
outputting calculation results to the corresponding client PC.
12. The method of claim 1 1 , wherein the quantity list includes
information on buyable quantities, actual buy prices, commissions,
commission rates, break-even points, and break-even differences for all
stock prices in the corresponding day.
13. A cyber trading service method for receiving stock information
from a securities corporation's server and providing the cyber trading service,
comprising:
(a) a CPU displaying stock price information on a buy order screen
when a user logs in to a cyber trading system in a client PC;
(b) the CPU receiving previously deposited money information
from the securities corporation's server when the user selects a buy price
calculation on the buy order screen, using a corresponding calculation
program to calculate a buy price list, and displaying the buy price list in a buy price list window;
(c) the CPU using a corresponding calculation program to
calculate the buy quantity corresponding to a stock price list and a stock
price, and displaying it in a quantity list window when the user selects a
predetermined price in the buy price list window;
(d) the CPU setting a selected stock price to be a buy price, the
corresponding quantity to be a buy quantity, and automatically and
concurrently inputting them in a buy order blank when the user selects a
predetermined stock price in the quantity list window; and
(e) the CPU using a corresponding calculation program to
calculate the profit and loss analysis for each stock price and displaying the
same in the quantity list window when the user selects a predetermined
stock price in the quantity list window.
14. The method of claim 13, wherein in (b), the calculation of the
buy price includes:
calculating a percent (%) list of from 1 to 100%; and
multiplying the previously deposited money amount by each
percent to calculate a buy price list for each percent.
15. The method of claim 14, wherein in (c), the calculation of the
quantity list comprises:
calculating the highest and lowest limit prices with reference to the
corresponding issue's standard price, and applying the nominal prices of
from the highest to the lowest limit prices to calculate a stock list;
dividing the respective stock prices of the stock price list by the standard price to calculate the ADRs;
subtracting the standard price from the respective stock prices of
the stock price list to calculate the advance-decline depth;
dividing the buy price by the respective stock prices to calculate
the buyable quantity;
multiplying the stock price by the buy quantity to calculate the
actual buy price;
multiplying the actual buy price by the commission rate and adding
the default commission to the multiplied results to calculate the commission;
dividing the commission by the actual buy price to calculate the
commission rate;
multiplying the stock price by the break-even point rate to calculate
the break-even point; and
subtracting the stock price from the break-even point to calculate
the break-even difference.
16. The method of claim 15, wherein in (e), the profit and loss
analysis process includes the steps of:
dividing the stock price in the stock price list by the buy price to
calculate the earning rate;
subtracting the buy unit cost from the stock price in the stock price
list to calculate the profit and loss depth;
multiplying the profit and loss depth by the quantity to calculate the
total profit and loss for each stock price; and
calculating the commissions, commission rates, net profits or losses, net profit or loss rates, total sell prices and total sell rates for the
respective stock prices.
PCT/KR2002/000406 2001-03-08 2002-03-08 Cyber trading service device and method for analyzing buy quantity WO2002071297A1 (en)

Applications Claiming Priority (6)

Application Number Priority Date Filing Date Title
KR2001/12117 2001-03-08
KR20010012117 2001-03-08
KR20010053959 2001-09-03
KR2001/53959 2001-09-03
KR2002/3317 2002-01-21
KR1020020003317A KR100786820B1 (en) 2001-03-08 2002-01-21 A Method and Apparatus having analysis function on Buy Quantity Calculation in Cyber Stock Trading System

Publications (1)

Publication Number Publication Date
WO2002071297A1 true WO2002071297A1 (en) 2002-09-12

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US8738498B2 (en) 2004-01-29 2014-05-27 Bgc Partners, Inc. System and method for routing a trading order
US10304097B2 (en) 2004-01-29 2019-05-28 Bgc Partners, Inc. System and method for controlling the disclosure of a trading order
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US11017410B2 (en) 2006-12-30 2021-05-25 Cfph, Llc Methods and systems for managing and trading using a shared order book as internal exchange
CN110992176A (en) * 2019-10-30 2020-04-10 深圳市富途网络科技有限公司 Stock trading method, system, device and computer readable storage medium
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