SYSTEM AND METHOD FOR PROCESSING AND DISPLAYING QUANTITY INFORMATION DURING USER-CONFIGURABLE TIME PERIODS

• US 20110145131A1
• Filed: 02/25/2011
• Published: 06/16/2011
• Est. Priority Date: 02/28/2003
• Status: Active Grant

• Current Assignee: Trading Technologies International, Inc.
• Original Assignee: Trading Technologies International, Inc.
• Inventors: West, Robert A., Burns, Michael J., Singer, Scott F., Schwarz, Stephen A.
• Granted Patent: US 8,732,064 B2
• 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
• CPC Class Codes: G06Q 40/06 Asset management; Financial planning or analysis

Abstract

A system and method for displaying quantity related information determined for a plurality of time periods are described. According to one method, a trader may define one or more time periods for which a trading application may determine traded quantities, traded buys, traded sells, or other quantity related information at a plurality of price levels during the defined time periods. The trading application may then graphically display the quantities for each time period in relation to the static axis of prices. The method further includes periodically updating the displayed traded quantity to reflect the quantity during the defined time period, where the quantity is updated based on subsequent market updates that are received from the exchange for the tradable object.

Claims

1. A method for displaying quantity related information associated with a tradable object in an electronic trading environment, the method comprising:

defining at least one time period to be used to determine quantity related information associated with the tradable object;

determining quantity related information for the at least one time period at each of a plurality of price levels, wherein the quantity related information for each price level during the at least one time period is determined using market updates being received from at least one exchange;

displaying the quantity related information for the at least one time period, wherein the quantity related information is displayed in association with the plurality of price levels for the tradable object; and

dynamically updating the displayed quantity related information so that the displayed quantity corresponds to the at least one time period.