System And Method For Displaying Market Data In An Electronic Trading Environment
First Claim
1. A method for displaying market data comprising:
- receiving a market data via a computing device from an electronic exchange, the market data representing a market for a tradeable object including at least a pending best bid having a best bid price and a pending best ask having a best ask price;
displaying a price axis for the tradeable object via an output device associated with the computing device, the price axis having a plurality of price levels derived from the market data;
displaying a first indicator along the price axis at a first price level corresponding to the best bid price;
displaying a second indicator along the price axis at a second price level corresponding to the best ask price;
detecting movement in the market according to the market data; and
displaying a market movement indicator along the price axis representing the movement of the market.
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Accused Products
Abstract
A trading interface is provided for displaying market data related to a tradeable object being traded at an electronic exchange. According to one example embodiment, market data related to a tradeable object is displayed in relation to a value axis, such as a price axis. As new market data is received, the displayed market data is updated and may be repositioned so that a trader can view current market conditions in a viewable portion of the interface. The interface also includes a number of market movement indicators that assist a trader in tracking market movement. These viewable references allow a trader to navigate and immediately understand the “real” direction of the market activity despite any underlying adjustment of the viewable area of the trading interface.
21 Citations
20 Claims
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1. A method for displaying market data comprising:
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receiving a market data via a computing device from an electronic exchange, the market data representing a market for a tradeable object including at least a pending best bid having a best bid price and a pending best ask having a best ask price; displaying a price axis for the tradeable object via an output device associated with the computing device, the price axis having a plurality of price levels derived from the market data; displaying a first indicator along the price axis at a first price level corresponding to the best bid price; displaying a second indicator along the price axis at a second price level corresponding to the best ask price; detecting movement in the market according to the market data; and displaying a market movement indicator along the price axis representing the movement of the market. - View Dependent Claims (2, 3, 4, 5, 6, 7, 8, 9)
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10. A computer readable medium having computer executable code stored thereon which when executed by a processor cause the processor to execute acts comprising:
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receiving a market data via a computing device from an electronic exchange, the market data representing a market for a tradeable object including at least a pending best bid having a best bid price and a pending best ask having a best ask price; displaying a price axis for the tradeable object via an output device associated with the computing device, the price axis having a plurality of price levels derived from the market data; displaying a first indicator along the price axis at a first price level corresponding to the best bid price; displaying a second indicator along the price axis at a second price level corresponding to the best ask price; detecting movement in the market according to the market data; and displaying a market movement indicator along the price axis representing the movement of the market. - View Dependent Claims (11, 12, 13)
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14. A method for displaying market data on a video display comprising:
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receiving market data via a computing device from the electronic exchange, the market data identifying a current best bid price for a tradeable object and a current best ask price for a tradeable object; displaying a first indicator representing the current best bid price for the tradeable object at a first location corresponding to a first price level along a price axis via an output device associated with the computing device; displaying a second indicator representing the current best ask price for the tradeable object at a second location corresponding to a second price level along the price axis via the output device; detecting a series of downward price decreases in the market data; in response to detecting the series of downward price decreases, detecting a first time corresponding to when the current best ask price is at least substantially equal to a previous best bid price for the tradeable object via the trading device; and displaying a first downward market cross indicator at a price level corresponding to the first best ask price via the output device, where the first downward market cross indicator is displayed at the first time. - View Dependent Claims (15, 16, 17, 18, 19, 20)
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Specification