Ideas for patenting/selling a trading strategy

Can trading strategy be patented?

An invention claimed as a rule-based trading strategy per se is not patentable subject matter as the patent office currently interprets patent law. One could say in a broader sense that “strategy” alone is not patentable at this time, unless coupled with something else.

Can you patent a workflow?

Yes, you can patent a specific process like a workflow.

Can you patent a framework?

Algorithms and frameworks themselves are not patent eligible.

Can you patent a business model UK?

It is still very rare to gain patent protection for a business method in the UK or Europe. At present, the US is one of the few nations where you can patent a business method and the criteria are similar to that of any other patent application.

How do you protect your business model?

How to Protect a Business Idea

Federal or State Registration. …
Non-Disclosure Agreements. …
Non-Compete and Non-Solicitation Agreements. …
Work-for-Hire Agreements. …
Provisional Patents. …
Trade Secrets Law. …
Use Secure Communication. …
Timestamp Your Ideas.

Can you patent a platform?

The short answer is yes. Apps can be patented, though they must meet the same criteria of novelty that other products are judged by.

What are the 4 types of patents?

There are four different patent types:

Utility patent. This is what most people think of when they think about a patent. …
Provisional patent. …
Design patent. …
Plant patent.

What are the 3 types of patents?

What kind of patent do you need? There are three types of patents – Utility, Design, and Plant. Utility patents may be granted to anyone who invents or discovers any new and useful process, machine, article of manufacture, or compositions of matters, or any new useful improvement thereof.

What is a poor man’s patent?

The theory behind the “poor man’s patent” is that, by describing your invention in writing and mailing that documentation to yourself in a sealed envelope via certified mail (or other proof-of-delivery mail), the sealed envelope and its contents could be used against others to establish the date that the invention was …

How much does it cost to patent an idea?

A patent can cost from $900 for a do-it-yourself application to between $5,000 and $10,000+ with the help of patent lawyers. A patent protects an invention and the cost of the process to get the patent will depend on the type of patent (provisional, non-provisional, or utility) and the complexity of the invention.

How much does a patent cost UK?

Applying for a patent

Applications typically cost £4,000 and the process usually takes 5 years. There are 8 steps if you apply for patent protection in the UK through the Intellectual Property Office ( IPO ). Search for similar patents to make sure your invention is new. Prepare your patent application.

Is my idea patentable?

The simple answer is no—you cannot patent an idea for an invention. The invention itself has to be produced or a patent application containing the invention must be filed with the U.S. Patent and Trademark Office (USPTO). While all inventions start with an idea, not every idea can be called an invention.

How do I protect an idea without a patent?

If you determine that the invention is probably not patentable, the most effective way to protect yourself is to have prospective licensees sign a nondisclosure agreement before you reveal your invention. This document is sometimes called an “NDA” or a “confidentiality agreement,” but the terms are similar.

Can I patent an idea without a prototype?

Many inventors wonder if they need a prototype prior to patenting an invention. The simple answer is “no’. A prototype is not required prior to filing a patent application with the U.S. Patent Office. While prototypes can be valuable in developing your invention, they can also be costly.

What ideas can be patented?

Nearly anything can be patented. Machines, medicines, computer programs, articles made by machines, compositions, chemicals, biogenetic materials, and processes, can all be the subject matter for a United States patent.

What types of ideas Cannot be patented?

What can’t be patented?

literary, dramatic, musical or artistic works.
a way of doing business, playing a game or thinking.
a method of medical treatment or diagnosis.
a discovery, scientific theory or mathematical method.
the way information is presented.
some computer programs or mobile apps.

What makes an idea patentable?

In order for your invention to qualify for patent eligibility, it must cover subject matter that Congress has defined as patentable. The USPTO defines patentable subject matter as any “new and useful” process, machine, manufacture or composition of matter.

How do you sell an idea?

6 Things to Remember to Successfully Sell Intangibles

Make it personal. The fastest way to make your product tangible to the customer is to describe how it will make their life safer, easier and better. …
Keep it simple. …
Track progress correctly. …
Accentuate the trivial. …
Articulate the ROI. …
Sell peace of mind.

Can I sell my idea to a company without a patent?

Yes, you can sell an idea to a company without a patent. However, the company needs to enter into a contract such as a nondisclosure agreement (NDA). Otherwise, they can steal your idea. Unfortunately, many companies will not enter into an NDA.

How do you present and sell an idea?

Three Steps to Selling Your Idea

Know your market. This means gathering as much feedback as possible on your own invention idea. …
Do some legal legwork. Go as far as you can to determine if your invention is patentable or if it can be produced without infringement on other filed patents. …
Look into production.

How do you monetize an idea?

Achieving Crazy Success

Develop a viable business plan.
Find your target market.
Master your 30-second elevator pitch.
Network with others in your niche.
Build your list of email subscribers.
Provide your audience with valuable content.
Diversify your revenue streams.

What are the examples of unique selling proposition?

Here are a few particularly great examples of Unique Selling Propositions.

Avis. “We’re number two. …
FedEx Corporation. “When it absolutely, positively has to be there overnight.” …
M&Ms. “The milk chocolate melts in your mouth, not in your hand.” …
DeBeers. “A diamond is forever.” …
Domino’s Pizza.

How do you pitch an idea?

How to give an idea pitch

Think through your idea. Before you pitch your idea to anyone, the first step you need to take is to think through the details. …
Consider the scope of the idea. …
Identify the decision-maker. …
Consider the other person’s perspective. …
Plan your pitch. …
Practice your pitch.

How do you write a pitch example?

Elevator Pitch Example for Students

Introduce yourself.
Name the field you are working in.
Describe which type of company you’d like to work in.
Name your unique selling position (USP) by stating any skills and background information that makes you the best candidate.

What do investors look for in a pitch?

The pitch deck should include details of who the people behind your business are, the problem you are trying to solve, your product or service which acts as the solution to that problem, traction, the current market and your competitors, as well as details of your business model and how any successful investment will …