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AI Features

Feature #2: Settling Period

Explore the concept of the settling period in stock trading and how to schedule trades efficiently. This lesson guides you through calculating the minimum time needed to complete all trades by respecting the required waiting periods between trades of the same company's stocks. You will learn to analyze trade frequencies, manage idle intervals, and apply these techniques to optimize trading sequences in interview-style coding problems.

Description

The settling period is the time that must elapse before money changes hands after a stock trade is completed. We don’t want to allow another trade in the same stock before the expiry of the settling period. So, a person can’t trade more than one stock of the same company at once, and the user must wait for the settling period before another stock of the same company can be traded.

We are given a list of letters, where each letter represents the stock of a company for which a stock trade must be made. The stocks will be mapped to letters to form this input array. Letters can repeat to represent that multiple trades need to be made for the same company’s stocks. We want to make all the given trades as quickly as possible. The constraint is that two trades of the same company must be separated by at least k intervening periods; these could be trades of other companies or idle periods. The parameter k defines the settling period. We need to calculate the minimum amount of time required to trade all the stocks.

For example, if a user wants to trade four stocks of APPLE, two stocks of TESLA and one stock of ...