Method and system for providing a simplified graphical user interface and integrated trading system for electronic trading

• US 20080154764A1
• Filed: 01/31/2008
• Published: 06/26/2008
• Est. Priority Date: 07/12/2004
• Status: Abandoned Application

• Current Assignee: Rosenthal Collins Group LLC (Marex Spectron Group Ltd.)
• Original Assignee: Rosenthal Collins Group LLC (Marex Spectron Group Ltd.)
• Inventors: Burkhart, Michael R., Eubank, Matt, Anderson, Christopher A., Rosenthal, Leslie, Levine, Benjamin D.
• Application Number:
  US12/012,337
• Publication Number:
  US 20080154764A1
• Time in Patent Office: Days
• US Class Current: 705/37
• CPC Class Codes: G06Q 40/04 Trading; Exchange, e.g. stocks, commodities, derivatives or currency exchange

Abstract

A method and system for a simplified graphical user interface (GUI) and integrated trading system for electronic trading is provided. The simplified GUI and integrated trading system include a simplified GUI that can be used via web-browser on the Internet and allows traders to execute electronic trades via a simplified interface. The simplified GUI and integrated trading system also provide trading account balances and other electronic trading information for any electronic trades executed via the simplified GUI and any other GUIs being used for electronic trading on one more electronic trading exchanges.

Claims

1. An electronic trading processing system, comprising in combination:

a simplified graphical user interface (GUI) application with a plurality of graphical buttons generating a plurality of different graphical screens for allowing electronic trades to be executed simply and efficiently at one or more electronic trading exchanges,

wherein the simplified GUI application provides electronic trading information and a trading account balance for electronic trades executed via the simplified GUI application and other GUI applications and trading account balances for other accounts for used for the execution of any electronic trades on any of the one or more electronic trading exchanges,

wherein the simplified GUI application is a networking application that is usable via a networking browser via a communications network; and

an integrated electronic trading platform for quickly and efficiently executing electronic trades on one or more electronic trading exchanges from the simplified GUI application via the communications network, for providing electronic trading information and trading account information to the simplified GUI application from the one or more trading exchanges and for providing electronic trading information from any other GUI applications and any other trading accounts used for the execution of any electronic trades on any of the one or more electronic trading exchanges.

2. The electronic trading processing system of claim 1 wherein the simplified GUI application includes a mark-up language GUI application.

3. The electronic trading processing system of claim 1 wherein the mark-up language includes Hyper Text Markup Language (HTML), Extensible Markup Language (XML), Java or Java script.

4. The electronic trading processing system of claim 1 wherein the communications network includes, an intranet, Internet, public switched telephone network (PSTN), or cable television (CATV) network.

5. The electronic trading processing system of claim 1 wherein simplified graphical user interface (GUI) application includes a plurality of features for allowing an inexperienced electronic trader to simply and efficiently execute electronic trades at one or more electronic trading exchanges without any previous electronic trading experience and manage all the inexperienced electronic trader'"'"'s electronic trades and trading accounts from the simplified GUI application.

6. The electronic trading processing system of claim 1 wherein the plurality of graphical buttons comprise a My Account, Balance, Positions, Transactions, Statements, Reports, My Trades, Orders, Fills, Risk Management, Trade and Charting graphical buttons for providing electronic trading information for any electronic trades executed via the simplified GUI application and any other GUIs used for executing electronic trades one the one or more electronic trading exchanges.

7. The electronic trading processing system of claim 6 wherein the My Account graphical button includes a plurality of sub-buttons including Balance, Positions, Transactions, Statements, and Reports graphical buttons for providing electronic trading information for any electronic trades executed via the simplified GUI application and/or any other GUIs used for executing electronic trades.

8. The electronic trading processing system of claim 6 wherein the My Trades graphical button includes a plurality of sub-buttons including Orders and Fills graphical buttons for providing electronic trading information for any electronic trades executed via the simplified GUI application and/or any other GUIs used for executing electronic trades.

9. The electronic trading system of claim 6 wherein the Trade graphical button provides a simplified trading screen for executing electronic trades via the one or more trading exchanges.

10. The electronic trading system of claim 9 wherein the simplified trading screen includes an order ticket, order, fill and message sub-screens.

11. The electronic trading processing system of claim 1 wherein the one or more electronic trading exchanges, include stock, bond, currency, commodities futures, financial instrument and options electronic trading exchanges.

12. The electronic trading processing system of claim 1 wherein the simplified GUI application that is usable via a proprietary electronic trading software application.

13. The electronic trading processing system of claim 1 wherein the simplified GUI and the integrated electronic trading platform integrate a plurality of front office and back office processes and applications used for electronic trading on the one or more electronic trading exchanges.

14. A method for processing electronic trades, comprising:

providing a simplified graphical user interface (GUI) application and an integrated electronic trading system with a plurality of graphical buttons generating a plurality of different graphical screens for allowing electronic trades to be executed simply and efficiently at one or more electronic trading exchanges,

wherein the simplified GUI application provides electronic trading information and a trading account balance for electronic trades executed via the simplified GUI application and other GUI applications and trading account balances for other accounts for used for the execution of any electronic trades on any of the one or more electronic trading exchanges, and

wherein the simplified GUI application is a networking application that is usable via a networking browser via a communications network; and

managing the electronic trades, the electronic trading account balances and electronic trading market information via the simplified GUI application for electronic trades executed via the simplified GUI application and other GUI applications on any of the one or more electronic trading exchanges,

thereby allowing a plurality of electronic trades, a plurality of electronic trading accounts and a plurality of electronic trading market information to be managed via the simplified GUI application.

15. The method of claim 14 further comprising a computer readable medium having stored therein instructions for causing one or more processors to execute the steps of the method.

16. The Method of claim 14 wherein the plurality of graphical buttons comprise a My Account, Balance, Positions, Transactions, Statements, Reports, My Trades, Orders, Fills, Risk Management, Trade and Charting graphical buttons for providing electronic trading information for any electronic trades executed via the simplified GUI application and any other GUIs used for executing electronic trades on the one or more electronic trading exchanges.

17. The Method of claim 14 wherein the simplified GUI and the integrated electronic trading platform integrate a plurality of front office and back office processes and applications used for electronic trading on the one or more electronic trading exchanges.

18. An electronic trading processing system, comprising in combination:

a simplified graphical user interface (GUI) means with a plurality of graphical buttons generating a plurality of different graphical screens for allowing electronic trades to be executed simply and efficiently at one or more electronic trading exchanges,

wherein the simplified GUI means provides electronic trading information and a trading account balance for electronic trades executed via the simplified GUI means and other GUI applications and trading account balances for other accounts for used for the execution of any electronic trades on any of the one or more electronic trading exchanges,

wherein the simplified GUI means is a networking application that is usable via a networking browser via a communications network; and

an integrated electronic trading means for quickly and efficiently executing electronic trades on one or more electronic trading exchanges from the simplified GUI means via the communications network, for providing electronic trading information and trading account information to the simplified GUI means from the one or more trading exchanges and for providing electronic trading information from any other GUI application and any other trading accounts used for the execution of any electronic trades on any of the one or more electronic trading exchanges.

19. The electronic trading processing system of claim 18 wherein the plurality of graphical buttons comprise a My Account, Balance, Positions, Transactions, Statements, Reports, My Trades, Orders, Fills, Risk Management, Trade and Charting graphical buttons for providing electronic trading information for any electronic trades executed via the simplified GUI means and any other GUIs used for executing electronic trades on the one or more electronic trading exchanges.

20. The electronic trading system of claim 18 wherein simplified GUI means and the integrated electronic trading means integrate a plurality of front office and back office processes and applications used for electronic trading on the one or more electronic trading exchanges.