System and Method for Price-Based Annotations in an Electronic Trading Environment

• US 20110040670A1
• Filed: 10/13/2010
• Published: 02/17/2011
• Est. Priority Date: 09/30/2002
• Status: Active Grant

• Current Assignee: Trading Technologies International, Inc.
• Original Assignee: Trading Technologies International, Inc.
• Inventors: Ziemkiewicz, Peter F., Highland, Ryan J., West, Robert A.
• Granted Patent: US 7,991,687 B2
• Time in Patent Office: Days
• US Class Current: 705/37
• CPC Class Codes: G06Q 10/04 Forecasting or optimisation specially adapted for administrative or management purposes, e.g. linear programming or "cutting stock problem" market predictions or forecasting for commercial activities G06Q30/0202
• CPC Class Codes: G06Q 30/06 Buying, selling or leasing transactions
• 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

Abstract

A system and method for generating and displaying annotations in relation to one or more prices corresponding to trader-related or market related events are described. In one embodiment, a trader may enter an annotation to be displayed in relation to one or more price levels. Alternatively, a trader may configure a dynamic annotation to be dynamically displayed in relation to some price level(s) upon detecting a predetermined event related to one or more tradeable objects. Also, a trader may configure one or more alarms to be displayed or played in combination with the annotations.

Claims

1-27. -27. (canceled)

28. A method including:

displaying by a computing device a price axis including a plurality of price levels;

receiving by the computing device a definition for an annotation, wherein the definition for the annotation includes an annotation price level and annotation information, wherein the definition for the annotation is specified by a user, wherein the annotation price level includes at least one price level;

processing by the computing device the definition for the annotation to determine that at least one of the price levels of the annotation price level is within the plurality of price levels of the price axis; and

displaying by the computing device the annotation information along the price axis at the at least one of the price levels of the annotation price level determined to be within the plurality of price levels of the price axis.

29. The method of claim 28, wherein the definition for the annotation includes an event associated with a tradeable object.

30. The method of claim 29, wherein the event includes a market event.

31. The method of claim 30, wherein the market event is associated with historical data.

32. The method of claim 29, further including:

detecting by the computing device an occurrence of the event at an event price level; and

dynamically updating the display of the annotation information to display the annotation information along the price axis at the event price level.

33. The method of claim 29, further including:

detecting by the computing device an occurrence of the event at an event price level; and

displaying by the computing device the annotation information along the price axis also at the event price level.

34. The method of claim 28, wherein the annotation information includes a graphical indicator.

35. The method of claim 34, wherein the graphical indicator includes a text message corresponding to an event.

36. The method of claim 28, wherein the annotation price level is determined based on a second tradeable object.

37. The method of claim 28, further including:

displaying by the computing device a working order indicator, wherein the working order indicator corresponds to an order placed by the user at an order price level, wherein the working order indicator is displayed along the price axis at the order price level.

38. The method of claim 28, further including:

displaying by the computing device a consolidated price interface, wherein the consolidated price interface represents a second plurality of price levels, wherein the second plurality of price levels is not within the plurality of price levels of the price axis, wherein a second annotation price level for a second annotation is within the second plurality of price levels; and

displaying by the computing device second annotation information along the consolidated price interface at a location corresponding to the second annotation price level.

39. A computer readable medium having stored therein instructions executable by a processor, wherein the instructions are executable to:

display a price axis including a plurality of price levels;

receive a definition for an annotation, wherein the definition for the annotation includes an annotation price level and annotation information, wherein the definition for the annotation is specified by a user, wherein the annotation price level includes at least one price level;

process the definition for the annotation to determine that at least one of the price levels of the annotation price level is within the plurality of price levels of the price axis; and

display the annotation information along the price axis at the at least one of the price levels of the annotation price level determined to be within the plurality of price levels of the price axis.

40. The computer readable medium of claim 39, wherein the definition for the annotation includes an event associated with a tradeable object.

41. The computer readable medium of claim 40, wherein the event includes a market event.

42. The computer readable medium of claim 41, wherein the market event is associated with historical data.

43. The computer readable medium of claim 40, wherein the instructions are further executable to:

detect an occurrence of the event at an event price level; and

dynamically update the display of the annotation information to display the annotation information along the price axis at the event price level.

44. The computer readable medium of claim 40, wherein the instructions are further executable to:

detect an occurrence of the event at an event price level; and

display the annotation information along the price axis also at the event price level.

45. The computer readable medium of claim 39, wherein the annotation information includes a graphical indicator.

46. The computer readable medium of claim 45, wherein the graphical indicator includes a text message corresponding to an event.

47. The computer readable medium of claim 39, wherein the annotation price level is determined based on a second tradeable object.

48. The computer readable medium of claim 39, wherein the instructions are further executable to:

display a working order indicator, wherein the working order indicator corresponds to an order placed by the user at an order price level, wherein the working order indicator is displayed along the price axis at the order price level.

49. The computer readable medium of claim 39, wherein the instructions are further executable to:

display a consolidated price interface, wherein the consolidated price interface represents a second plurality of price levels, wherein the second plurality of price levels is not within the plurality of price levels of the price axis, wherein a second annotation price level for a second annotation is within the second plurality of price levels; and

display second annotation information along the consolidated price interface at a location corresponding to the second annotation price level.