METHOD AND INTERFACE FOR HISTORICAL DISPLAY OF MARKET INFORMATION

• US 20110320339A1
• Filed: 09/10/2011
• Published: 12/29/2011
• Est. Priority Date: 11/26/2002
• Status: Active Grant

• Current Assignee: Trading Technologies International, Inc.
• Original Assignee: Trading Technologies International, Inc.
• Inventors: Mintz, Sagy, Andrews, Ryan, Singer, Scott, Schluetter, Jens-Uwe
• Granted Patent: US 9,218,625 B2
• Time in Patent Office: Days
• US Class Current: 705/37
• CPC Class Codes: G06Q 20/10 specially adapted for electronic funds transfer [EFT] systems; specially adapted for home banking systems
• 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: H04W 72/0453 Resources in frequency domain, e.g. a carrier in FDMA
• CPC Class Codes: H04W 72/51 based on terminal or device properties
• CPC Class Codes: H04W 88/02 Terminal devices

Abstract

Trading software may receive information from an exchange. The trading software may track historical bid and ask information for a tradeable object. The trading software may display historical market depth information for the tradeable object on a trading screen.

Claims

1. A method for displaying market information comprising:

displaying, via an electronic display having an electronic processor, a bid indicator for at least one of a plurality of bid orders for a tradeable object, the bid indicator being displayed at one of a plurality of axially aligned price levels corresponding to a bid price of the at least one of the plurality of bid orders according to market information received from an electronic exchange during a current time;

displaying, via the electronic display, an ask indicator for at least one of a plurality of ask orders for the tradeable, the ask indicator being displayed at one of the plurality of axially aligned price levels corresponding to an ask price of the at least one of the plurality of ask orders according to the market information received from the electronic exchange during the current time;

displaying, via the electronic display, a total bid indicator for a total bid quantity available at the one of the plurality of axially aligned price levels corresponding to the bid price of the at least one of the plurality of bid orders during a prior time period, the total bid quantity being determined according to the market information received from the electronic exchange during the prior time period; and

displaying, via the electronic display, a total ask indicator for a total ask quantity available at the one of the plurality of axially aligned price levels corresponding to the ask price of the at least one of the plurality of ask orders during the prior time period, the total ask quantity being determined according to the market information received from the electronic exchange during the prior time period.

2. The method of claim 1 where the total bid indicator is displayed along the at least one of the plurality of axially aligned price levels corresponding to the bid price.

3. The method of claim 1 where the total ask indicator is displayed along the at least one of the plurality of axially aligned price levels corresponding to the ask price.

4. The method of claim 1 further comprising:

displaying a plurality of bid indicators along the plurality of axially aligned price levels; and

displaying a plurality of ask indicators along the plurality of axially aligned price levels.

5. The method of claim 4 where the plurality of bid indicators are displayed in a bid order region aligned with the plurality of axially aligned price levels and the plurality of ask indicators are displayed in an ask order region aligned with the plurality of axially aligned price levels.

6. The method of claim 1 where the total bid indicator is displayed in a prior bid region aligned with the plurality of axially aligned price levels, and where the total ask indicator is displayed in a prior ask region aligned with the plurality of axially aligned price levels.

7. The method of claim 1, further comprising:

for each of a plurality prior time periods, displaying a plurality of total bid locations, each of the plurality of total bid locations being aligned with the plurality of axially aligned price levels; and

displaying at least one total bid indicator along at least one of the total bid locations, where the at least one total bid indicator is determined according to a total bid quantity available during the at least one of the plurality of prior time periods for the at least one of the total bid location for the at least one of the one of the plurality of axially aligned price levels with which the at least one of the total bid locations is aligned.

8. The method of claim 7 where a number of the prior time periods is variable.

9. The method of claim 1, further comprising:

for each of a plurality prior time periods, displaying a plurality of total ask locations, each of the plurality of total ask locations being aligned with the plurality of axially aligned price levels; and

displaying at least one total ask indicator along at least one of the total ask locations, where the at least one total ask indicator is determined according to a total ask quantity available during the at least one of the plurality of time periods for the at least one of the total ask location for the at least one of the one of the plurality of axially aligned price levels with which the at least one of the total ask locations is aligned.

10. The method of claim 9 where a number of the prior time periods is variable.

11. The method of claim 1 where an amount of time of the prior time period is variable.

12. The method of claim 1, further comprising:

receiving a user command via a user input device to select and place an icon in one of a plurality of order entry locations of an order entry region aligned with an associated one of the plurality of price levels of the price axis; and

in response to receiving the user command, submitting an order to the electronic exchange, the order having a price corresponding to the associated one of the plurality of price levels.

13. The method of claim 1, further comprising:

in response to receiving a user command to select and place an icon in one of a plurality of order entry locations aligned with an associated one of the plurality axially aligned price levels, submitting an order to the electronic exchange, the order having a price corresponding to the associated one of the plurality of axially aligned price levels.

14. The method of claim 13 where the user command establishes an order quantity for the order.

15. A non-transitory computer readable medium having instructions stored therein, which when executed by a processor, cause the processor to execute acts comprising:

displaying, via an electronic display associated with the processor, a bid indicator for at least one of a plurality of bid orders for a tradeable object, the bid indicator being displayed at one of a plurality of axially aligned price levels corresponding to a bid price of the at least one of the plurality of bid orders according to market information received from an electronic exchange during a current time;

displaying, via the electronic display, an ask indicator for at least one of a plurality of ask orders for the tradeable, the ask indicator being displayed at one of the plurality of axially aligned price levels corresponding to an ask price of the at least one of the plurality of ask orders according to the market information received from the electronic exchange during the current time;

displaying, via the electronic display, a total bid indicator for a total bid quantity available at the one of the plurality of axially aligned price levels corresponding to the bid price of the at least one of the plurality of bid orders during a prior time period, the total bid quantity being determined according to the market information received from the electronic exchange during the prior time period; and

displaying, via the electronic display, a total ask indicator for a total ask quantity available at the one of the plurality of axially aligned price levels corresponding to the ask price of the at least one of the plurality of ask orders during the prior time period, the total ask quantity being determined according to the market information received from the electronic exchange during the prior time period.

16. The non-transitory computer readable medium of claim 15 where the total bid indicator is displayed along the at least one of the plurality of axially aligned price levels corresponding to the bid price.

17. The non-transitory computer readable medium of claim 15 where the total ask indicator is displayed along the at least one of the plurality of axially aligned price levels corresponding to the ask price.

18. The non-transitory computer readable medium of claim 15 where the acts further comprise:

displaying a plurality of bid indicators along the plurality of axially aligned price levels; and

displaying a plurality of ask indicators along the plurality of axially aligned price levels.

19. The non-transitory computer readable medium of claim 18 where the plurality of bid indicators are displayed in a bid order region aligned with the plurality of axially aligned price levels and the plurality of ask indicators are displayed in an ask order region aligned with the plurality of axially aligned price levels.

20. The non-transitory computer readable medium of claim 15 where the total bid indicator is displayed in a prior bid region aligned with the plurality of axially aligned price levels, and where the total ask indicator is displayed in a prior ask region aligned with the plurality of axially aligned price levels.

21. The non-transitory computer readable medium of claim 15, where the acts further comprise:

for each of a plurality prior time periods, displaying a plurality of total bid locations, each of the plurality of total bid locations being aligned with the plurality of axially aligned price levels; and

displaying at least one total bid indicator along at least one of the total bid locations, where the at least one total bid indicator is determined according to a total bid quantity available during the at least one of the plurality of prior time periods for the at least one of the total bid location for the at least one of the one of the plurality of axially aligned price levels with which the at least one of the total bid locations is aligned.

22. The non-transitory computer readable medium of claim 21 where a number of the prior time periods is variable.

23. The non-transitory computer readable medium of claim 15, where the acts further comprise:

for each of a plurality prior time periods, displaying a plurality of total ask locations, each of the plurality of total ask locations being aligned with the plurality of axially aligned price levels; and

displaying at least one total ask indicator along at least one of the total ask locations, where the at least one total ask indicator is determined according to a total ask quantity available during the at least one of the plurality of prior time periods for the at least one of the total ask location for the at least one of the one of the plurality of axially aligned price levels with which the at least one of the total ask locations is aligned.

24. The non-transitory computer readable medium of claim 23 where a number of the prior time periods is variable.

25. The non-transitory computer readable medium of claim 15 where an amount of time of the prior time period is variable.

26. The non-transitory computer readable medium of claim 15, where the acts further comprise:

receiving a user command via a user input device to select and place an icon in one of a plurality of order entry locations of an order entry region aligned with an associated one of the plurality of price levels of the price axis; and

in response to receiving the user command, submitting an order to the electronic exchange, the order having a price corresponding to the associated one of the plurality of price levels.

27. The non-transitory computer readable medium of claim 15, where the acts further comprise:

in response to receiving a user command to select and place an icon in one of a plurality of order entry locations aligned with an associated one of the plurality axially aligned price levels, submitting an order to the electronic exchange, the order having a price corresponding to the associated one of the plurality of axially aligned price levels.

28. The non-transitory computer readable medium of claim 27 where the user command establishes an order quantity for the order.

29. A method of displaying market depth information for a tradeable object using a graphical user interface, the method comprising:

displaying, via a display having an electronic processor, a plurality of order indicators in an order region aligned with a plurality of axially aligned price levels, each order indicator of the plurality of order indicators being associated with at least one order available for a tradeable object during a current time and being displayed along one of the plurality of axially aligned price levels corresponding to a price for the at least one order; and

displaying, via the display, a total quantity indicator along each price level of the plurality of axially aligned price levels at which an order indicator is displayed during a prior time period, the total quantity indicator being displayed for each time period of a plurality of prior time periods and representing a total order quantity available for the tradeable object during the prior time period.

30. The method of claim 29, further comprising:

in response to receiving a user command to select and place an icon in one of a plurality of order entry locations aligned with an associated one of the plurality axially aligned price levels, submitting an order to the electronic exchange, the order having a price corresponding to the associated one of the plurality of axially aligned price levels.

31. The method of claim 30 where the user command establishes an order quantity for the order.