SYSTEMS AND METHODS FOR PROVIDING AN INTERACTIVE GRAPHICAL REPRESENTATION OF A MARKET FOR AN ELECTRONIC TRADING SYSTEM

• US 20070076002A1
• Filed: 08/16/2006
• Published: 04/05/2007
• Est. Priority Date: 11/27/2002
• Status: Active Grant

• Current Assignee: Chart Trading Development, LLC (BGC Group, Inc.)
• Original Assignee: eSpeed Incorporated (BGC Group, Inc.)
• Inventors: Heaton, Timothy
• Granted Patent: US 7,696,997 B2
• Time in Patent Office: Days
• US Class Current: 345/440
• CPC Class Codes: G06Q 40/04 Trading; Exchange, e.g. stocks, commodities, derivatives or currency exchange
• CPC Class Codes: G06T 11/206 Drawing of charts or graphs

Abstract

Systems and methods for providing an interactive graphical representation of a market for an electronic trading system are provided. A graph may be displayed on a display of a workstation in an electronic trading system. In one example, the graph may include a curve corresponding to a range of values of a financial instrument. In another example, the graph may include symbols that represent bids and offers for one or more financial instruments. A user may be allowed to select a portion of the graph. In response to the user'"'"'s selection, a trading dialog box may be provided, thereby allowing the user to place a trade directly from the graph.

Claims

1-42. -42. (canceled)

43. A method for providing an interactive graphical representation of a market comprising:

receiving a selection of a first type of financial instruments; and

displaying a graph in response to the selection, the graph comprising;

a first axis corresponding to a first parameter of the first type of financial instruments,

a second axis corresponding to a second parameter of the first type of financial instruments, the second parameter differentiating each of a plurality of the at least one type of financial instruments, and

a plot of a plurality of the first type of financial instruments, at least a portion of the graph selectable for initiating a trade of at least one of the plurality of the first type of financial instruments.

44. The method of claim 43, wherein the first parameter corresponds to a price or yield, the method comprising updating the price or yield for each of the plurality of the first type of financial instruments in real-time.

45. The method of claim 43, wherein the first type of financial instruments comprise a type of fixed income instrument.

46. The method of claim 43, wherein the first parameter corresponds to a price or yield and the second parameter corresponds to a maturity date.

47. The method of claim 43, comprising receiving a selection of at least a portion of the graph and displaying, in response to the selection, a trading dialog box comprising at least one field for specifying a term for the trade.

48. The method of claim 47, wherein the at least one field of the dialog box comprises at least one of a price and a size field.

49. The method of claim 48, wherein at least one of the price and size fields are pre-filled in response to the selection of the at least a portion of the graph.

50. The method of claim 47, wherein the dialog box comprises at least one button for submitting one of a bid, an offer, a buy, and a sell command for a selected one of the plurality of the first type of financial instruments.

51. The method of claim 43, wherein the plot of the first type of financial instruments comprises a plot of at least one of a bid and an offer for each of the plurality of the first type of financial instruments.

52. The method of claim 51, comprising receiving a selection of a bid or an offer for at least one of the plurality of the first type of financial instruments and displaying, in response to the selection, a trading dialog box comprising at least one field for specifying a term for the trade.

53. The method of claim 52, the at least one field pre-filled in response to selection of the bid or the offer.

54. The method of claim 43, wherein the plot of the first type of financial instruments comprises a fair value curve.

55. The method of claim 43, comprising receiving a selection of a second type of financial instruments, the graph comprising a plot of a plurality of the second type of financial instruments.

56. The method of claim 55, comprising receiving a selection of at least a portion of the graph and displaying, in response to the selection, a trading dialog box comprising at least one field for specifying a term to trade at least one of the plurality of the first type of financial instrument and at least one field for specifying a term to trade at least one of the plurality of the second type of financial instruments.

57. The method of claim 56, wherein the selection received comprises a region of the graph.

58. The method of claim 57, the at least one field for specifying a term to trade at least one of the plurality of the first type of financial instrument and the at least one field for specifying a term to trade at least one of the plurality of the second type of financial instruments pre-filled in response to the selection.

59. A method for providing an interactive graphical representation of a market comprising:

receiving a selection of a first type of financial instruments;

displaying a graph in response to the selection, the graph comprising;

a first axis corresponding to a price or yield parameter of the first type of financial instruments,

a second axis corresponding to a maturity parameter of at least one type of financial instruments, and

a plot of a plurality of the first type of financial instruments, at least a portion of the graph selectable for initiating a trade of at least one of the plurality of the first type of financial instruments; and

displaying, in response to a selection of at least a portion of the graph, a trading dialog box for specifying at least one term for the trade, the trading dialog box comprising at least one of a price field and a size field.

60. The method of claim 59, wherein at least one of the price and size fields are pre-filled in response to selection of the at least a portion of the graph.

61. The method of claim 59, wherein the plot of the first type of financial instruments comprises a plot of at least one of a bid and an offer for each of the plurality of the first type of financial instruments.

62. A method for providing an interactive graphical representation of a market comprising:

receiving a selection of a first type and a second type of financial instruments; and

displaying a graph in response to the selection, the graph comprising;

a first axis corresponding to a price or yield parameter of the first and the second type of financial instruments,

a second axis corresponding to a maturity parameter of the first and the second type of financial instruments,

a plot of a plurality of the first type of financial instruments, and

a plot of a plurality of the second type of financial instruments, at least a portion of the graph selectable for initiating a trade of at least one of the plurality of the first and the type of financial instruments.

63. The method of claim 62, comprising displaying, in response to a selection of at least a portion of the graph, a trading dialog box for specifying at least one term for the trade, the trading dialog box comprising at least one of a price field and a size field.

64. The method of claim 62, comprising receiving a selection of at least a portion of the graph and displaying, in response to the selection, a trading dialog box comprising at least one field for specifying a term to trade at least one of the plurality of the first type of financial instruments and at least one field for specifying a term to trade at least one of the plurality of the second type of financial instruments.