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Method and apparatus for simulating security transactions based on information from actual market transactions for corresponding securities
Method and apparatus for simulating security transactions based on information from actual market transactions for corresponding securities
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机译：基于来自对应证券的实际市场交易的信息来模拟证券交易的方法和装置
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摘要
A method and apparatus for simulating stock or security transactions determines a security value based on the trading price of that security in an immediately succeeding actual transaction. Initially, a participant of a stock simulation or competition (e.g., where each competition participant attempts to achieve the greatest monetary worth and/or portfolio value relative to the other participants under the same or similar conditions) places an order to buy or sell a security using a web site interface hosted on a trade system web server. The order is subsequently forwarded to a transaction processing server and placed on a "queue" until an actual market trade is processed for that particular security. The processing server receives actual market quote or price information, while each order is matched and processed at the price of the first subsequent actual market trade corresponding to that order. In addition, orders are verified against secondary quote information supplied to a trade system update server at the end of a day. Once the trades are verified and processed, the update server posts the trades for each corresponding participant to database tables.
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