System and method for analyzing and displaying security trade transactions
First Claim
1. A system for displaying securities market transaction information received from a securities exchange market data system comprising:
- an exchange server operatively coupled to the securities exchange market data system and adapted to receive therefrom transaction information and order book information relating to at least one security, said transaction information including price and volume of at least one trade in said security; and
a trader workstation operatively coupled to said exchange server;
said exchange server being further adapted to transmit to said trader workstation a selectable portion of said transaction information and order book information relating to said at least one security;
said trader workstation being adapted to display for each trade of a user-selected security within a user-selected range of trades represented in said transaction information an indicium representing said price of such trade;
said trader workstation being adapted to determine responsive to said transaction information and said order book information whether said trade was seller-initiated or buyer-initiated, and responsive to said determination to control appearance of said indicia to distinguish between buyer-initiated and seller-initiated trades; and
said trader workstation being adapted to display at least a subset of said order book information relating to said user-selected security adjacent said indicia.
4 Assignments
0 Petitions
Accused Products
Abstract
A system and methods for processing and charting security exchange trading and market information shows security traders if current transactions originated as buy orders (810) or sell orders (812), and simultaneously indicates traded quantity. Security exchange trading information is received including price, volume and time of each trade. Market information is also received including bids and offers. The security exchange trading and market information is processed simultaneously and displayed as a continuously updated real-time chart (800) depicting the exchange auction process. The chart (800) is formed by plotting each trade at the price traded, and for each plot point shows a distinctive icon indication whether the transaction was initiated by a buyer (810) or seller (812).
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Citations
49 Claims
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1. A system for displaying securities market transaction information received from a securities exchange market data system comprising:
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an exchange server operatively coupled to the securities exchange market data system and adapted to receive therefrom transaction information and order book information relating to at least one security, said transaction information including price and volume of at least one trade in said security; and
a trader workstation operatively coupled to said exchange server;
said exchange server being further adapted to transmit to said trader workstation a selectable portion of said transaction information and order book information relating to said at least one security;
said trader workstation being adapted to display for each trade of a user-selected security within a user-selected range of trades represented in said transaction information an indicium representing said price of such trade;
said trader workstation being adapted to determine responsive to said transaction information and said order book information whether said trade was seller-initiated or buyer-initiated, and responsive to said determination to control appearance of said indicia to distinguish between buyer-initiated and seller-initiated trades; and
said trader workstation being adapted to display at least a subset of said order book information relating to said user-selected security adjacent said indicia. - View Dependent Claims (2, 3, 4, 32, 33, 34)
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5. A method for use with a trader workstation for displaying securities market transaction information comprising the steps of:
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a. receiving transaction information regarding a selected security, said information including price of at least one trade;
b. receiving order book information regarding a selected security;
c. determining responsive to said transaction information and said order book information whether each of a user-selected range of trades represented in said transaction information was seller-initiated or buyer-initiated;
d. displaying for each trade of a user-selected security within said user-selected range of transactions represented in said transaction information an indicium representing said price of such trade, said indicium having an appearance distinguishing between buyer-initiated and seller-initiated trades; and
e. displaying at least a subset of said order book information relating to said user-selected security adjacent said indicia. - View Dependent Claims (6, 7, 8, 35, 36, 37, 38, 39)
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9. A method for use with a trader workstation for displaying securities market transaction information comprising the steps of:
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receiving transaction information regarding a selected security, said information including price of a plurality of trades;
receiving order book information regarding a selected security;
determining responsive to said transaction information and said order book information whether each of a user-selected range of trades represented in said transaction information was seller-initiated or buyer-initiated;
grouping said trades into one or more auction events, the trades in each auction event being related to one another as determined by user-selectable criteria;
displaying for each trade of a user-selected security within said user-selected range of transactions represented in said transaction information an indicium representing said price of such trade, said indicium having an appearance distinguishing between buyer-initiated and seller-initiated trades, wherein for each of said auction events, the indicia corresponding to all trades grouped into such auction event are displayed adjacently; and
displaying an indicium identifying the beginning of each auction event of which a displayed trade is a member. - View Dependent Claims (10, 11, 40, 41)
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15. A method for use with a trader workstation for providing securities market transaction information to a trader comprising the steps of:
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receiving transaction information regarding a selected security, said information including price of a plurality of trades;
receiving order book information regarding a selected security;
determining responsive to said transaction information and said order book information whether each of a user-selected range of trades represented in said transaction information was seller-initiated or buyer-initiated;
displaying for each trade of a user-selected security within said user-selected range of transactions represented in said transaction information an indicium representing said price of such trade, said indicium having an appearance distinguishing between buyer-initiated and seller-initiated trades; and
comparing transaction information regarding each trade of said user-selected security to user-specified criteria and providing a sound cue corresponding to trades satisfying said criteria. - View Dependent Claims (16, 42, 43, 44, 45, 46, 47, 48, 49)
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Specification