System and Method for Displaying Trading Data

• US 20090319442A1
• Filed: 08/27/2009
• Published: 12/24/2009
• Est. Priority Date: 03/31/2005
• Status: Active Grant

• Current Assignee: Trading Technologies International, Inc.
• Original Assignee: Trading Technologies International, Inc.
• Inventors: Tanpoco, Alvin F.
• Granted Patent: US 8,032,437 B2
• Time in Patent Office: Days
• US Class Current: 705/36.R
• CPC Class Codes: G06F 3/0482 Interaction with lists of selectable items, e.g. menus
• CPC Class Codes: G06F 3/04847 Interaction techniques to control parameter settings, e.g. interaction with sliders or dials
• CPC Class Codes: G06Q 20/042 characterized in that the payment protocol involves at least one cheque
• CPC Class Codes: G06Q 30/06 Buying, selling or leasing transactions
• CPC Class Codes: G06Q 40/00 Finance; Insurance; Tax strategies; Processing of corporate or income taxes
• CPC Class Codes: G06Q 40/03 Credit; Loans; Processing thereof
• 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
• CPC Class Codes: G06Q 40/10 Tax strategies
• CPC Class Codes: G06Q 40/12 Accounting

Abstract

A system and method are provided for presenting trading information. One example method includes displaying a plurality of effective trade indicators corresponding to price levels at which effective trades have been initiated, and displaying trading information corresponding to each effective trade. The effective trades can be determined based on user-configured trade definitions. The trading information can include a traded quantity and profit/loss corresponding to each effective trade. In addition to the trading information, current market information could be displayed as well in relation to the plurality of effective trades.

Claims

1-20. -20. (canceled)

21. A system for presenting trading information, the system comprising:

a computing device adapted to receive data comprising order fill information relating to a plurality of orders placed for a tradeable object at an electronic exchange indicating that each of the plurality of orders has been filled, wherein the computing device is further adapted to select a group of filled orders from the plurality of orders as an effective trade based on a user configurable definition, wherein the group of filled orders includes two or more of the plurality of orders, wherein the user configurable definition is used to determine a first order from the plurality of orders initiating the effective trade and which other orders in the plurality of orders should be grouped with the first order, wherein the computing device is further adapted to compute a profit/loss value for the effective trade based on the group of filled orders and the received data; and

a client device adapted to display the profit/loss value.

22. The system of claim 21, wherein the user configurable definition comprises selecting which orders are grouped as the effective trade according to a first-in-first-out (“

FIFO”

) method or to a last-in-first-out (“

LIFO”

) method.

23. The system of claim 21, wherein the user configurable definition selects filled orders going from a zero position in the tradeable object to taking a long or short position in the tradeable object, and then back to the zero position.

24. The system of claim 21, wherein the computing device is further adapted to compute a total quantity traded value in relation to the effective trade, and wherein the client device is further adapted to display the total quantity traded value.

25. The system of claim 21, wherein the client device is further adapted to display a plurality of price levels corresponding to the tradeable object, wherein the computing device is further adapted to determine a number of effective trades initiated at each of the plurality of price levels, and wherein the client device is further adapted to display a total profit/loss value for each of the plurality of price levels, wherein the total profit/loss value is a summation of a profit/loss value for each of the number of effective trades initiated at a particular price level.

26. The system of claim 25, wherein the client device is further adapted to display the number of effective trades in relation to each corresponding price level.

27. The system of claim 25, wherein the computing device is further adapted to determine a total position taken for each of the plurality of price levels, wherein the total position taken is a summation of positions taken for each of the number of effective trades initiated at the particular price level.

28. The system of claim 21, wherein the client device is further adapted to display a plurality of price levels corresponding to the tradeable object, and wherein the client device is further adapted to display a last trade price indicator in relation to the plurality of price levels.

29. The system of claim 21, wherein the client device includes the computing device.

30. The system of claim 21, wherein the client device is a gateway.

31. The system of claim 21, wherein the client device is a server.