Donald Joseph Slowik

US Patent:

20040243502, Dec 2, 2004

Filed:

Jun 2, 2003

Appl. No.:

10/453142

Inventors:

Donald Slowik - Wilton NH, US
Ani Chitaley - Ashland MA, US
Vinod Pujar - Framingham MA, US

International Classification:

G06F017/60

US Classification:

705/037000

Abstract:

A securities trading simulation method and system that is capable of performing a series of simulated securities trades of a security using actual or potential market data to obtain distribution of simulated trade prices of the security. The distribution of simulated trade prices may then be used in a number of ways, including to measure the quality of an actual trade, to estimate the opportunity available for a security, to estimate the fair value of a derivative security, or to otherwise characterize the volatility and momentum behavior of securities.