System and method for displaying market data including last trade data

• US 20050283415A1
• Filed: 06/22/2004
• Published: 12/22/2005
• Est. Priority Date: 06/22/2004
• Status: Abandoned Application

• Current Assignee: Chicago Mercantile Exchange, Inc. (CME Group Incorporated)
• Original Assignee: Chicago Mercantile Exchange, Inc. (CME Group Incorporated)
• Inventors: Hrvatin, Bart, Studnitzer, Ari, Sundaram, Seshadri, Genetski, Dennis
• Application Number:
  US10/874,561
• Publication Number:
  US 20050283415A1
• Time in Patent Office: Days
• US Class Current: 705/35
• CPC Class Codes: G06Q 40/00 Finance; Insurance; Tax strategies; Processing of corporate or income taxes
• CPC Class Codes: G06Q 40/04 Trading; Exchange, e.g. stocks, commodities, derivatives or currency exchange

Abstract

Systems, methods and user interfaces are provided for augmenting snapshots of market depth information. Visually perceptible elements, such as icons and background shading, may be used to represent trades that have occurred after a first snapshot of market depth information and before a second snapshot of market depth information. Audible signals may also be used to represent such trades.

Claims

1. A computer-readable medium containing computer-executable instructions for causing a computer device to perform the steps comprising:

(a) receiving data representing a first snapshot of market depth information;

(b) displaying on a display device a graphical user interface that includes the first snapshot of market depth information;

(c) at a predetermined time period after (a) receiving data representing a second snapshot of market depth information;

(d) after (a) and before (c), receiving trade data for at least one trade that occurs between receiving the successive snapshots of market depth information; and

(e) displaying a representation of the trade data on the graphical user interface.

2. The computer-readable medium of claim 1, wherein the representation of the trade data comprises an icon placed next to a price.

3. The computer-readable medium of claim 1, wherein the representation of the trade data comprises an alteration in the appearance of at least a price cell of the graphical user interface.

4. The computer-readable medium of claim 3, wherein the alteration in appearance comprises changing a background color.

5. The computer-readable medium of claim 4, wherein the changed background color corresponds to a number of contracts involved in the trade.

6. The computer-readable medium of claim 3, wherein the alteration in appearance comprises changing the background color of a portion of the at least price cell, wherein the portion is a function of a number of contracts involved in at the at least one trade.

7. The computer-readable medium of claim 1, wherein (d) comprises receiving trade data for more than one trade and (e) comprises displaying a representation of each trade on the graphical user interface.

8. The computer-readable medium of claim 7, wherein each trade is represented by altering the appearance of at least a price cell of the graphical user interface.

9. The computer-readable medium of claim 8, wherein a relatively more recent trade is represented by changing a background of at least a first price cell to a first color and a relatively less recent trade is represented by changing a background of at least a second price cell to a second color.

10. The computer-readable medium of claim 8, wherein a trade involving a relatively larger number of contracts is represented by changing a background of at least a first price cell to a first color and a trade involving a relatively fewer number of contracts is represented by changing a background of at least a second price cell to a second color.

11. The computer-readable medium of claim 1, further including computer-executable instructions for causing the computer device to perform the step comprising:

(f) after (c) displaying on the display device a graphical user interface that includes the second snapshot of market depth information and does not include the representation of the trade data.

12. The computer-readable medium of claim 1, further including computer-executable instructions for causing the computer device to cause a sound device to represent the trade with an audible tone.

13. The computer-readable medium of claim 1, wherein the computer device comprises a mobile terminal.

14. A method in a computer system for displaying market information on a display device, the method comprising the steps of:

(a) periodically receiving and displaying snapshots of market depth information; and

(b) in time periods that exist between the receiving of snapshots of market depth information, receiving and displaying trade data for at least one trade that has occurred since the last snapshot of market depth information.

15. The method of claim 14, wherein (b) comprises receiving data identifying details of a trade and representing the trade with a visually perceptible element.

16. The method of claim 15, wherein the visually perceptible element comprises an icon.

17. The method of claim 15, wherein the visually perceptible element comprises background shading of at least a cell.

18. The method of claim 15, further including representing the trade with an audibly perceptible characteristic.

19. A method of distributing market information from an exchange, the method comprising:

(a) periodically transmitting snapshots of market depth information; and

(b) in time periods that exist between the transmitting of snapshots in (a), transmitting trade information for at least one trade that has occurred since the last snapshot of market depth information.