System and Method for Analyzing and Displaying Security Trade Transactions
4 Assignments
0 Petitions
Accused Products
Abstract
A system and methods for processing and charting security exchange trading and market information shows security traders if current transactions originated as buy orders or sell orders, and simultaneously indicates traded quantity. Security exchange trading information is received that includes the price, volume and time of each trade. In addition, security exchange market information is received from buyers, specifying bide prices and quantities, and from sellers, specifying asking prices and quantities. The security exchange trading and market information is processed simultaneously and displayed as a continuously updated real-time chart depicting the exchange auction process whereby buyers and sellers agree to trade at specified prices, including details of individual transactions. The chart is formed by plotting each trade at the price traded, and for each plot point shows a distinctive icon indication whether the transaction was initiated by a buyer or seller.
55 Citations
46 Claims
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1-31. -31. (canceled)
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32. A system for displaying securities market transaction information received from a securities exchange market data system comprising:
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an exchange server operatively coupled to the securities exchange market data system and adapted to receive therefrom transaction information and order book information relating to at least one security, the transaction information including price and volume of at least one trade in the at least one security; and a trader workstation operatively coupled to the exchange server; where the exchange server being is adapted to transmit to the trader workstation a selectable portion of the transaction information and order book information relating to the at least one security; where the trader workstation being is adapted to display for each trade of a user-selected security within a user-selected range of trades represented in the transaction information an indicia representing the price of such trade; where the trader workstation being is adapted to determine according to the transaction information and the order book information whether the trade was seller-initiated or buyer-initiated, and responsive to the determination to control appearance of the indicia to distinguish between buyer-initiated and seller-initiated trades; and where the trader workstation being is adapted to display at least a subset of the order book information for the at least one security adjacent the indicia.
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39. A trader work station for displaying market transaction information from a exchange comprising:
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an market data receiver operatively coupled to the securities exchange market data system and adapted to receive transaction information and order book information for a security from a securities exchange market data system, the transaction information including price and volume of at least one trade in the security; and a processor operatively coupled to the market data receiver and adapted to determine whether a trade was seller-initiated or buyer-initiated according to both the transaction information and order book information; and a display operatively coupled to the processor and adapted to display for each trade of a user-selected security within a user-selected range of trades represented in the transaction information an indicia representing the price of the trade and at least a subset of the order book information for the user-selected security adjacent the indicia, where the indicia distinguishes between buyer-initiated and seller-initiated trades.
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46. A method for displaying securities market transaction information received from a securities exchange market data system comprising:
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receiving via an exchange server from a securities exchange market data system transaction information and order book information relating to at least one security, the transaction information including price and volume of at least one trade in the at least one security; receiving a selectable portion of the transaction information and order book information relating to the at least one security via a trader workstation; displaying via the trader workstation, for each trade of a user-selected security within a user-selected range of trades represented in the transaction information, an indicia representing the price of the trade; determining via the trader workstation being whether the trade was seller-initiated or buyer-initiated according to the transaction information and the order book information; in response to determining, controlling appearance of the indicia to distinguish between buyer-initiated and seller-initiated trades via the workstation; and displaying via the trader workstation at least a subset of the order book information for the at least one security adjacent the indicia.
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Specification