VIRTUAL ASSET TRADING SYSTEM IN INTERNET AND METHOD THEREOF

VIRTUAL ASSET TRADING SYSTEM IN INTERNET AND METHOD THEREOF

A system and a method for updating a price limit range using a virtual property system are provided to protect a user with preventing of rapid price changes by resetting the price limit range for permitting trade of virtual property based on the previous trading price. An order inputting module(130)...

Ausführliche Beschreibung

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Bibliographische Detailangaben
1. Verfasser: KANG, SEUNG CHUL
Format: Patent
Sprache:eng
Schlagworte:
CALCULATING
COMPUTING
COUNTING
DATA PROCESSING SYSTEMS OR METHODS, SPECIALLY ADAPTED FORADMINISTRATIVE, COMMERCIAL, FINANCIAL, MANAGERIAL, SUPERVISORYOR FORECASTING PURPOSES
ELECTRIC DIGITAL DATA PROCESSING
PHYSICS
SYSTEMS OR METHODS SPECIALLY ADAPTED FOR ADMINISTRATIVE,COMMERCIAL, FINANCIAL, MANAGERIAL, SUPERVISORY OR FORECASTINGPURPOSES, NOT OTHERWISE PROVIDED FOR
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Beschreibung
Zusammenfassung:A system and a method for updating a price limit range using a virtual property system are provided to protect a user with preventing of rapid price changes by resetting the price limit range for permitting trade of virtual property based on the previous trading price. An order inputting module(130) provides a GUI(Graphic User Interface) for trading the virtual property to the user and receives a buying/selling order including a desired trading price/quantity from the user. An order information database(120) stores and manages a record for the valid buying/selling order. A price limit range updating module(140) updates the price limit range based on the previous trading price of each virtual property. A trading controlling module(110) generates the new record to the order information database in case that the buying/selling received from the order inputting module is valid, and advances trade in case that a desired buying price field value which is equal or higher than the desired selling price of the selling order is present among the buying orders stored in the order information database.