DEVICE, SYSTEM, AND METHOD OF ONLINE TRADING

• US 20090150279A1
• Filed: 12/10/2008
• Published: 06/11/2009
• Est. Priority Date: 12/10/2007
• Status: Abandoned Application

• Current Assignee: Gad Hadar
• Original Assignee: Gad Hadar
• Inventors: Hadar, Gad
• Application Number:
  US12/331,535
• Publication Number:
  US 20090150279A1
• Time in Patent Office: Days
• US Class Current: 705/37
• 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

In some embodiments, a system may include a memory having stored thereon trading-application instructions; and a processor to execute the trading-application instructions resulting in a trading application, wherein the trading application is able to cause a display device to display to a user a visualized trading tool corresponding to a trade position of the user with relation to a financial instrument, wherein the visualized trading tool includes at least one graphical element representing the trade position, and one or more user-controllable graphical indicators representing one or more respective position-related parameters of the trade position, and wherein the trading application is able to receive an input responsive to movement of at least one of the graphical indicators and to dynamically update the trade position based on the input. Other embodiments are described and claimed.

Claims

1. A system comprising:

a memory having stored thereon trading-application instructions; and

a processor to execute the trading-application instructions resulting in a trading application,

wherein the trading application is able to cause a display device to display to a user a visualized trading tool corresponding to a trade position of the user with relation to a financial instrument,

wherein the visualized trading tool includes at least one graphical element representing the trade position, and one or more user-controllable graphical indicators representing one or more respective position-related parameters of the trade position, and

wherein the trading application is able to receive an input responsive to movement of at least one of the graphical indicators and to dynamically update the trade position based on the input.

2. The system of claim 1, wherein the trading application is able to dynamically update the trade position by updating the trade-position-related parameters based on the input.

3. The system of claim 2, wherein the trading application is able to provide an indication of the one or more updated trade-position-related parameters to a transaction-processing system.

4. The system of claim 1, wherein the trading application is able to provide the user with at least one of a profit limit and a loss limit corresponding to the trade position, and to update the at least one of the profit and loss limits based on the movement of the graphical indicator by the user.

5. The system of claim 1, wherein the one or more position-related parameters include at least one of a stop-loss value and a take-profit value.

6. The system of claim 1, wherein the trading application is able to dynamically update the graphical element based on real-time data corresponding to one or more instrument-related parameters corresponding to the financial instrument.

7. The system of claim 6, wherein the instrument-related parameters include at least one of an open rate and a current rate of the financial asset.

8. The system of claim 1, wherein the one or more user-controllable graphical indicators include a stop-loss indicator indicating a stop-loss value defined by the user and a take-profit indicator indicating a take-profit value defined by the user, and

wherein the graphical element includes a graphical representation of a current value of the financial asset positioned between the stop-loss and take-profit indicators.

9. The system of claim 1, wherein the graphical element is a two-or-more dimensional graphical element.

10. The system of claim 1, wherein the financial asset includes a foreign-exchange asset corresponding to at least a pair of currencies.

11. The system of claim 1, wherein the at least one graphical element includes at least one of a gear, a semi-circular gear, a bar chart, and a belt chart.

12. A system comprising:

a memory having stored thereon trading-application instructions; and

a processor to execute the trading-application instructions resulting in a trading application,

wherein the trading application is able to receive a user input requesting aggregated trade-position data corresponding to at least one financial asset,

wherein trading application is able to receive from a database trade-position data of a plurality of trade positions of a plurality of other users with relation to the financial asset,

wherein the trading application is able to determine the aggregated trade-position data based on the plurality of trade positions, and

wherein the trading application is able to cause a display device to display to the user a visualized trading tool representing the aggregated trade-position data.

13. The system of claim 12, wherein the application is able to receive real-time trade-position data, to dynamically update the aggregated trade-position data based on the real-time trade-position data, and to dynamically update the visualized trading tool based on the updated aggregated trade-position data.

14. The system of claim 12, wherein at least one financial asset includes a plurality of financial assets,

wherein the visualized trading tool indicates one or more proportional relationship values corresponding to one or more of the plurality of financial assets,

wherein the application is able to determine a proportional relationship value of the one or more proportional relationship values corresponding to a financial asset of the plurality of financial assets based on a relationship between a volume-related value corresponding to the financial asset and volume-related values corresponding to other financial assets of the plurality of financial assets, and

wherein the application is able to cause the display device to display to the user the visualized trading tool indicating the one or more proportional relationship values.

15. The system of claim 14, wherein the proportional relationship value corresponding to the financial asset includes at least one of:

a ranking of the volume-related value corresponding to the financial asset relative to the volume-related values corresponding to the other financial assets, and

a ratio between the volume-related value corresponding to the financial asset and a total of the volume-related values corresponding to the plurality of financial assets.

16. The system of claim 14, wherein the volume-related value corresponding to the financial asset includes a number of trade positions corresponding to the financial asset.

17. The system of claim 14, wherein the plurality of financial assets include a plurality of currency pairs.

18. The system of claim 14, wherein the visualized trading tool includes a pi-chart, which includes a plurality of segments corresponding to the proportional relationship values, respectively.

19. The system of claim 12, wherein the visualized trading tool corresponds to a pair of first and second currencies,

wherein the application is able to receive trade-position data corresponding to the first and second currencies,

wherein the application is able to determine a first number of trade-positions relating to selling the first currency and buying the second currency and a second number of trade-positions relating to selling the second currency and buying the first currency,

wherein the application is able to determine a proportional relationship between the first and second numbers, and

wherein the application is able to cause the display device to display to the user visualized trading tool visualizing the proportional relationship between the first and second numbers.

20. The system of claim 19, wherein the visualized trading tool includes a visualized representation of a plurality of previous proportional relationships between the first and second numbers.

21. The system of claim 12, wherein the application is able to receive at least a plurality of stop-loss values of the plurality of trade-positions, respectively, and a plurality of take-profit values of the plurality of trade-positions, respectively,

wherein the application is able to determine an average stop-loss value based on the plurality of stop-loss values, and an average take-profit value based on the plurality of take-profit values, and

wherein the application is able to cause the display device to display to the user the visualized trading tool visualizing a relationship between the average stop-loss value, the average take-profit value and a current value of the financial asset.

22. The system of claim 21, wherein the visualized trading tool includes a visualized representation of a plurality of previous values of the financial asset,

wherein the application is able to receive an input responsive to a user selected previous value of the financial asset, and

wherein the application is able to update the visualized trading tool to visualize a relationship between previous average stop-loss and average tale-profit values corresponding to the selected previous value of the financial asset.