Virtual interactive global exchange
First Claim
1. A computer based virtual reality trading system for trading financial products comprising:
- means for storing a substantially visually accurate image of a trading floor;
means for storing a plurality of visual images, each of which corresponds to a visually accurate representation of one of a plurality of traders; and
means for generating an interactive virtual trading floor space and for generating virtual trader persons corresponding to the virtual images of the plurality of traders therein and for supporting interactive trading between a plurality of the virtual trader persons; and
, means for the plurality of traders to interact and complete trades via their virtual trader persons on the virtual trading floor.
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Accused Products
Abstract
A computer based virtual reality trading system for trading financial products such as commodities and stocks uses a server based system for generating a virtual trading floor to simulate an exchange. Traders use local PC'"'"'s to direct their individual avatars interactively on the virtual trading floor, using hand and voice signals similar to a non-virtual exchange. This allows an exchange to be de-coupled from its physical geographic location as traders in diverse locations can interact on the virtual trading floor. The system enables accurate tracking for audit of the trade activity and simplified trade clearing, while retaining the dynamics of a non-virtual exchange.
191 Citations
32 Claims
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1. A computer based virtual reality trading system for trading financial products comprising:
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means for storing a substantially visually accurate image of a trading floor;
means for storing a plurality of visual images, each of which corresponds to a visually accurate representation of one of a plurality of traders; and
means for generating an interactive virtual trading floor space and for generating virtual trader persons corresponding to the virtual images of the plurality of traders therein and for supporting interactive trading between a plurality of the virtual trader persons; and
,means for the plurality of traders to interact and complete trades via their virtual trader persons on the virtual trading floor. - View Dependent Claims (2, 3, 4, 5, 6)
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7. A method for trading financial products in a virtual reality environment comprising:
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providing a virtual reality generator for producing 3-dimensional images of a trading floor to generate a virtual reality trading floor;
providing a plurality of avatars within the virtual reality trading floor corresponding to a plurality of traders;
providing control signals from a trader to a corresponding avatar to direct the corresponding avatar on the virtual reality trading floor;
observing other traders via their corresponding avatars on the virtual reality trading floor;
interacting the avatars of the plurality of traders to simulate an open out call auction; and
completing trades on the virtual trading floor. - View Dependent Claims (8, 9, 10, 11, 12, 13, 14, 15, 16, 17, 18, 19, 20, 21)
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22. A computer trading system for trading financial products comprising:
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means for creating a virtual environment simulating a trading floor;
means for providing multiuser registration for accessing the trading floor;
means for establishing an iconic representation for each registered user;
means for supporting direct interaction between the iconic representation to effect trading interactions; and
means for recording and storing the trading interactions. - View Dependent Claims (23, 24, 25, 26, 27, 28, 29, 30, 31, 32)
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Specification