USER INTERFACE FOR AN ELECTRONIC TRADING SYSTEM
First Claim
1. A method for displaying transactional information regarding the buying and selling of items in a system where orders comprise a bid type or an offer type, and an order is generated for a quantity of items at a specific value, the method comprising:
- displaying at least one bid icon, corresponding to a bid for a quantity of items, at a location along a first axis of values corresponding to the value of the bid; and
displaying at least one offer icon, corresponding to an offer type order for a quantity of items, at a location along the first axis of values corresponding to the value of the offer.
3 Assignments
0 Petitions
Accused Products
Abstract
A user interface for an electronic trading exchange is provided which allows a remote trader to view in real time bid orders, offer orders, and trades for an item, and optionally one or more sources of contextual data. Individual traders place orders on remote client terminals, and this information is routed to a transaction server. The transaction server receives order information from the remote terminals, matches a bid for an item to an offer for an item responsive to the bid corresponding with the offer, and communicates outstanding bid and offer information, and additional information (such as trades and contextual data) back to the client terminals. Each client terminal displays all of the outstanding bids and offers for an item, allowing the trader to view trends in orders for an item. A priority view is provided in which orders are displayed as tokens at locations corresponding to the values of the orders. The size of the tokens reflects the quantity of the orders. An alternate view positions order icons at a location which reflects the value and quantity of the order. Additionally, contextual data for the item is also displayed to allow the trader to consider as much information as possible while making transaction decisions. A pit panel view is also provided in which traders connected to the pit are represented by icons, and are displayed corresponding to an activity level of the trader.
354 Citations
58 Claims
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1. A method for displaying transactional information regarding the buying and selling of items in a system where orders comprise a bid type or an offer type, and an order is generated for a quantity of items at a specific value, the method comprising:
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displaying at least one bid icon, corresponding to a bid for a quantity of items, at a location along a first axis of values corresponding to the value of the bid; and
displaying at least one offer icon, corresponding to an offer type order for a quantity of items, at a location along the first axis of values corresponding to the value of the offer. - View Dependent Claims (2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15, 16, 17, 18, 19, 20, 21, 22, 23, 24, 25, 26, 27)
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28. A method for placing an order for an item at a desired value for a desired quantity in a system in which remote terminals display all outstanding orders for the item wherein orders comprise bids and offers, and a transaction server receives orders transmitted by each remote terminal and communicates the received orders to all remote terminals, comprising:
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displaying at least one order token;
receiving a selection for an order token; and
moving the order token to a user specified location with respect to a value axis and a quantity axis which corresponds to the desired value and quantity for the order. - View Dependent Claims (29, 30, 31)
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32. A method of displaying trading activity of a plurality of traders comprising:
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displaying a trading pit;
determining for each trader, an activity level; and
displaying for each trader a token representing the trader at a location in the trading pit which corresponds to the activity level of the trader. - View Dependent Claims (33, 34)
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35. A computer-readable medium, for an electronic trading system in which items are bought and sold responsive to orders submitted by traders, each order specifying a value and quantity for the order, said computer-readable medium containing a program containing instructions to cause a processor to:
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display a first axis representing values of an item;
display at least one bid icon which corresponds to a quantity of items in a bid for the item and a value of the bid at a location with respect to the first axis; and
display at least one offer icon which corresponds to a quantity of items in an offer for the item and a value of the offer at a location with respect to the first axis. - View Dependent Claims (36, 37, 38, 39, 40)
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41. A method for conducting the buying and selling of items comprising:
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receiving at least one bid from a first remote terminal and at least one offer for at least one item from a second remote terminal;
matching a bid for an item with an offer for an item, responsive to the bid corresponding to the offer; and
communicating outstanding bids and outstanding offers to a plurality of remote terminals for display on the remote terminals, including the bid received from the first remote terminal and the offer received from the second remote terminal. - View Dependent Claims (42)
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43. A system having a plurality of client terminals for generating bids and offers on items, and displaying received information on outstanding bids, outstanding offers, and items upon which bids and offers are made, wherein the system is for conducting the buying and selling of items, the system comprising:
a transaction server, coupled to the plurality of client terminals, for receiving bids and offers for the items from the client terminals, matching offers to corresponding bids, and transmitting information on items, outstanding received bids, and outstanding received offers to the plurality of client terminals. - View Dependent Claims (44)
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45. A method of providing an interface to an electronic trading system in which items are bought and sold responsive to orders placed by users of the electronic trading system, each order specifying a value and quantity for the order, said method comprising:
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displaying a selection of views for a user;
receiving an input selecting a first or second view for display;
responsive to receiving an input selecting a first view, displaying the first view having an axis of values, wherein the first view displays an order icon for each outstanding order for an item, and the order icons are displayed at locations with respect to the value axis corresponding to the value of the order; and
responsive to receiving an input selecting a second view, displaying the second view having an axis of values and an axis of quantities, wherein the second view displays an order icon for each outstanding order for an item, and the order icons are displayed at locations with respect to the value axis and the quantity axis corresponding to the value and quantity of the order. - View Dependent Claims (46)
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47. A user interface for an electronic trading system in which offers and bids are generated, each offer and bid having a value and quantity, the user interface comprising:
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an axis of values;
an axis of quantities;
at least one offer icon representing an outstanding offer at a location corresponding to the value and quantity of the offer; and
at least one bid icon representing an outstanding bid at a location corresponding to the value and quantity of the bid. - View Dependent Claims (48)
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49. A user interface for an electronic trading system in which offers and bids are generated, each offer and bid having a value and quantity, the user interface comprises:
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an axis of values;
at least one offer icon representing an outstanding offer at a location corresponding to the value and quantity of the offer and having a size corresponding to the quantity of the offer; and
at least one bid icon representing an outstanding bid at a location corresponding to the value and quantity of the bid and having a size corresponding to the quantity of the bid. - View Dependent Claims (50, 51, 52)
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53. A user interface for an electronic trading system in which traders generate offers and bids for items, the user interface comprising:
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a pit panel icon representing a trading pit for trading the item, including a plurality of concentric areas; and
trader icons, wherein each trader icon represents a trader currently trading an item in the trading pit. - View Dependent Claims (54)
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55. A method for displaying transactional information in an electronic trading system in which offers and bids are generated, each offer and bid having a value and quantity, the method comprising:
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displaying an axis of values;
displaying an axis of quantities;
displaying at least one offer icon representing an outstanding offer at a location corresponding to the value and quantity of the offer; and
displaying at least one bid icon representing an outstanding bid at a location corresponding to the value and quantity of the bid. - View Dependent Claims (56)
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57. A method for displaying transactional information for an electronic trading system in which offers and bids are generated, each offer and bid having a value and quantity, the method comprising:
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displaying an axis of values;
displaying at least one offer icon representing an outstanding offer at a location corresponding to the value and quantity of the offer and having a size corresponding to the quantity of the offer; and
displaying at least one bid icon representing an outstanding bid at a location corresponding to the value and quantity of the bid and having a size corresponding to the quantity of the bid. - View Dependent Claims (58)
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Specification