Method and system for displaying a current market depth position of an electronic trade on a graphical user interface

• US 20080162378A1
• Filed: 02/06/2008
• Published: 07/03/2008
• 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: Rosenthal, Leslie, Levine, Benjamin D.
• Application Number:
  US12/012,866
• Publication Number:
  US 20080162378A1
• Time in Patent Office: Days
• US Class Current: 705/36R
• CPC Class Codes: G06Q 40/04 Trading; Exchange, e.g. stocks, commodities, derivatives or currency exchange
• CPC Class Codes: G06Q 40/06 Asset management; Financial planning or analysis

Abstract

A method and system for providing a graphical user interface (GUI) for electronic trading with display of an estimated execution position in a current market depth display list of electronic trades. The method and system via the GUI allow a current market depth position in a list of electronic trades (e.g., an electronic traders “open-book” of trades) to be dynamically displayed, reset and graphically re-displayed at a position in a market depth view of a desired electronic trading market when an electronic trade is placed or amended based on current market execution of trade orders.

Claims

1. A method for displaying electronic information for electronic trading, comprising:

receiving an electronic order for an electronic trade on application including a graphical user interface (GUI) with a plurality of graphical windows, wherein one or more of the graphical windows on the GUI are used to display market depth information for an electronic market associated with electronic trade;

recording a first market depth estimated execution position for the trading order in the electronic market for the electronic trade using a trading price included with the electronic order;

displaying graphically a first market depth estimated execution position for the trading order in a graphical window on the GUI;

receiving periodically additional market information for electronic trades in the electronic market on the application via a communications network from one or more electronic trading exchanges;

recording a new market depth estimated execution position for the trading order using the received market information; and

displaying graphically a new market depth estimated execution position for the trading order in the graphical window on the GUI, wherein the new market depth estimated execution position provides trading information that can be used for electronic trading of the electronic order or additional new or existing trading orders.

2. The method of claim 1 further comprising a computer readable medium having stored therein instructions for causing one or more processors to execute the steps of the method.

3. The method of claim 1 wherein the market depth estimated execution position information is graphically displayed in an Order window or a Fill window on the GUI.

4. The method of claim 1 wherein the market depth estimated execution position information is graphically displayed in an Aggregated Book View (ABV) window on the GUI.

5. The method of claim 1 wherein the electronic order includes a commodity futures, financial instrument or option order.

6. The method of claim 1 wherein the electronic order includes orders for real or synthetic trading instruments.

7. The method of claim 1 wherein the market depth estimated execution position information t is graphically displayed in a horizontal or a vertical orientation.

8. A method for display of a current market depth position, comprising:

displaying graphically an electronic order for an electronic trade for a desired electronic market on an electronic trading exchange via an application including a graphical user interface (GUT) with a plurality of graphical windows, wherein one or more of the graphical windows on the GUI are used to display market depth information for the desired electronic market associated with electronic trade;

displaying graphically an estimated execution position for the electronic order in the desired electronic market in a market depth component on a graphical window on the GUI; and

updating dynamically and continually re-displaying the estimated execution position for the electronic order in the market depth component as additional trading information is received from the electronic trading exchange for the desired electronic market,

thereby allowing the market depth component to be used to implement trading strategies for electronic trades in the desired electronic market.

9. The method of claim 8 further comprising a computer readable medium having stored therein instructions for causing one or more processors to execute the steps of the method.

10. The method of claim 8 wherein the estimated execution position for the electronic order in the market depth component is graphically displayed in an Order window or a Fill window on the GUI.

11. The method of claim 8 wherein the estimated execution position for the electronic order in the market depth component is graphically displayed in an Aggregated Book View (ABV) window on the GUI.

12. The method of claim 8 wherein the electronic order includes orders for real or synthetic trading instruments.

13. The method of claim 8 wherein the estimated execution position for the electronic order in the market depth component is graphically displayed in a horizontal or a vertical orientation.

14. A system for graphically displaying current market depth position, comprising in combination:

means for displaying graphically an estimated execution position for an electronic order in a desired electronic market in a market depth component on a graphical window on a graphical user interface (GUI); and

means for updating dynamically and continually the estimated execution position for the electronic order in the market depth component as additional trading information is received from the electronic trading exchange for the desired electronic market,

thereby allowing the market depth component to be used to implement trading strategies for electronic trades in the desired electronic market.

15. The system of claim 14 further comprising:

means for recording a current market depth estimated execution position for the trading order and for recording a new market depth estimated execution position for the trading order using the received additional trading information.

16. The system of claim 14 wherein the estimated execution position for the electronic order in the market depth component is graphically displayed in an Order window or a Fill window on the GUI.

17. The system of claim 14 wherein the estimated execution position for the electronic order in the market depth component is graphically displayed in an Aggregated Book View (ABV) window on the GUI.

18. The system of claim 14 wherein the estimated execution position for the electronic order in the market depth component is graphically displayed in a horizontal or a vertical orientation.

19. The system of claim 14 wherein the additional trading information includes trading execution information the electronic order and other electronic trading orders.

20. The system of claim 14 wherein estimated execution positions for the electronic order in the market depth component are graphically displayed in different colors on the GUI.