Integrated price and volume display of market traded instruments using price-volume bars
First Claim
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1. - A method and graph for providing an integrated display of transaction price and volume of selected instruments traded in a market using price-volume bars comprising the steps of:
- a) gathering of transaction data of selected instruments traded in a market comprising price, time, and volume of individual transactions, and b) having a set of pre-selected time intervals and a set of pre-selected price brackets, and c) computing a volume per price bracket total for each said pre-selected price bracket for each said pre-selected time interval, each said volume per price bracket total being the aggregate volume of transactions executed at prices within the corresponding price bracket and executed during the corresponding time interval, and d) displaying the resulting data in a graph comprising set of sequential price-volume bars, each said price-volume bar corresponding to one said pre-selected time interval, and e) each price-volume bar having graphical means for proportionately representing said volume per price bracket total of each said price bracket, whereby traders can compare transaction volumes between said pre-selected price brackets occurred during said pre-selected time intervals, and therefore gain an enhanced knowledge of transaction activity.
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Abstract
A method and system for providing trading volume information of selected market traded instruments compiling aggregated volume of transactions executed within each pre-selected price bracket for each pre-selected discrete time interval. The data is displayed using price-volume bars incorporated into a price-volume chart. In this manner traders can compare the relative volume of transactions occurred at substantially narrow price brackets for each discrete time interval.
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Citations
20 Claims
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1. - A method and graph for providing an integrated display of transaction price and volume of selected instruments traded in a market using price-volume bars comprising the steps of:
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a) gathering of transaction data of selected instruments traded in a market comprising price, time, and volume of individual transactions, and b) having a set of pre-selected time intervals and a set of pre-selected price brackets, and c) computing a volume per price bracket total for each said pre-selected price bracket for each said pre-selected time interval, each said volume per price bracket total being the aggregate volume of transactions executed at prices within the corresponding price bracket and executed during the corresponding time interval, and d) displaying the resulting data in a graph comprising set of sequential price-volume bars, each said price-volume bar corresponding to one said pre-selected time interval, and e) each price-volume bar having graphical means for proportionately representing said volume per price bracket total of each said price bracket, whereby traders can compare transaction volumes between said pre-selected price brackets occurred during said pre-selected time intervals, and therefore gain an enhanced knowledge of transaction activity. - View Dependent Claims (2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15, 16, 17)
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18. - A method and computer system for providing a compiled volume per price bracket transaction data of selected instruments traded in a market using data processing techniques to provide information of transaction volumes occurring at different price brackets within pre-selected time intervals, comprised of:
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a) gathering of transaction data of selected instruments traded in a market comprising price, time, and volume of individual transactions, and b) having a set of pre-selected time intervals and a set of pre-selected price brackets, and c) computing a volume per price bracket total for each said pre-selected price bracket for each said pre-selected time interval, each said volume per price bracket total being the aggregate volume of all transactions executed at prices within the corresponding price bracket and executed during the corresponding time interval, and d) delivering said volume per price bracket data to customers by means of data transfer through a computer network. - View Dependent Claims (19)
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20. - A graph for providing a display of transaction price and volume of selected instruments traded in a market comprising a set of sequential price-volume bars, each said price-volume bar corresponding to one pre-selected time interval, and each price-volume bar being segmented, each segment corresponding to one pre-selected price bracket, and each said segment having graphical means for proportionately represent the aggregate volume of transactions executed at prices within the corresponding price bracket and executed during the corresponding time interval, whereby traders can compare transaction volumes between said pre-selected price brackets occurred during said pre-selected time intervals, and therefore gain an enhanced knowledge of transaction activity.
Specification