Spread Matrix Dartboard System and Method for Placing Trade Orders on an Electronic Exchange

• US 20090248566A1
• Filed: 04/01/2009
• Published: 10/01/2009
• Est. Priority Date: 04/01/2008
• Status: Abandoned Application

• Current Assignee: RTS Realtime Systems Software GmbH
• Original Assignee: RTS Realtime Systems Software GmbH
• Inventors: Miles, Darik
• Application Number:
  US12/416,897
• Publication Number:
  US 20090248566A1
• 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

Provided is a system and method for placing trade orders on an electronic exchange using a client terminal. The client terminal includes a user input device and a display device. The method includes displaying a spread matrix on a trading screen of the display device, the spread matrix displaying at least two base dartboards and at least one compound dartboard. The method also includes displaying a market depth of a first tradable instrument on the first base dartboard, displaying a market depth of a second tradable instrument on the second base dartboard, and displaying on the compound dartboard a dynamic display of a plurality of prices of a market depth of a compound. The compound represents a spread market of the first and second tradable instruments. The method further includes displaying a selected-price display on the compound dartboard, the selected-price display displaying a selected price of the plurality of prices in response to detecting a first user action via the user input device, and placing a trade order for the compound at the selected order price on an exchange host system in response to detecting a second user action via the user input device.

Claims