System and method for price-based annotations in an electronic trading environment

• US 10,248,998 B2
• Filed: 10/23/2013
• Issued: 04/02/2019
• Est. Priority Date: 09/30/2002
• Status: Active Grant

• Current Assignee: Trading Technologies International, Inc.
• Original Assignee: Trading Technologies International, Inc.
• Inventors: Highland, Ryan J., West, Robert A., Ziemkiewicz, Peter F.
• Primary Examiner(s): Kanervo, Virpi H
• Application Number:
  US14/060,752
• Publication Number:
  US 20140279354A1
• Time in Patent Office: 1,987 Days
• CPC Class Codes: G06Q 10/04 Forecasting or optimisation specially adapted for administrative or management purposes, e.g. linear programming or "cutting stock problem" market predictions or forecasting for commercial activities G06Q30/0202
• CPC Class Codes: G06Q 30/06 Buying, selling or leasing transactions
• CPC Class Codes: G06Q 40/04 Trading; Exchange, e.g. stocks, commodities, derivatives or currency exchange
• CPC Class Codes: G06Q 40/06 Asset management; Financial planning or analysis

Abstract

A system and method for generating and displaying annotations in relation to one or more prices corresponding to trader-related or market related events are described. In one embodiment, a trader may enter an annotation to be displayed in relation to one or more price levels. Alternatively, a trader may configure a dynamic annotation to be dynamically displayed in relation to some price level(s) upon detecting a predetermined event related to one or more tradeable objects. Also, a trader may configure one or more alarms to be displayed or played in combination with the annotations.

Claims

1. A method including:

receiving by a computing device a definition for an annotation, wherein the definition for the annotation includes an annotation price level and annotation information, wherein the definition for the annotation is specified by a user, wherein the annotation price level includes at least one price level;

processing by the computing device the definition for the annotation to determine that at least one of the price levels of the annotation price level is not within a plurality of displayed price levels of a price axis;

determining by the computing device a second plurality of price levels, wherein each price level of the second plurality of price levels is not within the plurality of displayed price levels of the price axis, wherein at least one of the price levels of the annotation price level is in the second plurality of price levels;

generating by the computing device a consolidated price interface based on the second plurality of price levels, wherein the consolidated price interface includes a plurality of aligned locations, wherein each aligned location in the plurality of aligned locations corresponds to one of the second plurality of price levels;

displaying by the computing device the consolidated price interface in relation to the plurality of displayed price levels of the price axis; and

displaying by the computing device the annotation information along the consolidated price interface at an aligned location of the consolidated price interface corresponding to the second annotation price level.

2. The method of claim 1, wherein the definition for the annotation includes an event associated with a tradeable object.

3. The method of claim 2, wherein the event includes a market event.

4. The method of claim 3, wherein the market event is associated with historical data.

5. The method of claim 2, further including:

detecting by the computing device an occurrence of the event at an event price level; and

dynamically updating by the computing device the display of the annotation information to display the annotation information along the price axis at the event price level when the event price level is within the plurality of displayed price levels and along the consolidated price interface at an aligned location of the consolidated price interface corresponding to the event price level when the event price level is in the second plurality of price levels.

6. The method of claim 2, further including:

detecting by the computing device an occurrence of the event at an event price level; and

displaying by the computing device the annotation information along the price axis also at the event price level when the event price level is within the plurality of displayed price levels and along the consolidated price interface at an aligned location of the consolidated price interface corresponding to the event price level when the event price level is in the second plurality of price levels.

7. The method of claim 1, wherein the annotation information includes a graphical indicator.

8. The method of claim 7, wherein the graphical indicator includes a text message corresponding to an event.

9. The method of claim 1, wherein the annotation price level is determined based on a second tradeable object.

10. The method of claim 1, further including:

displaying by the computing device a working order indicator, wherein the working order indicator corresponds to an order placed by the user at an order price level, wherein the working order indicator is displayed along the price axis at the order price level.