Methods and Apparatuses for Providing Implied Trading Information

• US 20130191267A1
• Filed: 03/08/2013
• Published: 07/25/2013
• Est. Priority Date: 05/19/2010
• Status: Abandoned Application

• Current Assignee: Trading Technologies International, Inc.
• Original Assignee: Trading Technologies International, Inc.
• Inventors: Rooney, Patrick J.
• Application Number:
  US13/790,578
• Publication Number:
  US 20130191267A1
• Time in Patent Office: Days
• US Class Current: 705/37
• CPC Class Codes: G06Q 30/0601 Electronic shopping [e-shopping]
• CPC Class Codes: G06Q 30/0641 Shopping interfaces
• CPC Class Codes: G06Q 40/04 Trading; Exchange, e.g. stocks, commodities, derivatives or currency exchange

Abstract

Embodiments for providing implied traded information are described herein. An embodiment includes receiving last trade information and using that data to determine an amount of last trade information that is due to implied trading activity. This information may be output using a variety of screens. Other embodiments are also disclosed.

Claims

1. A system including:

a computing device,

wherein the computing device is configured to display a chart, wherein the chart includes a value axis and a time axis,

wherein the computing device is configured to receive market data for a tradeable object,

wherein the computing device is configured to determine an open value for a time interval, a close value for the time interval, a high value for the time interval, and a low value for the time interval based on the received market data,

wherein the computing device is configured to determine a total quantity traded for the time interval based on the received market data,

wherein the computing device is configured to determine an implied quantity traded for the time interval based on the received market data,

wherein the computing device is configured to determine an implied quantity percentage based on the implied quantity traded and the total quantity traded, and

wherein the computing device is configured to display an indicator on the chart in relation to the value axis and the time axis, wherein the indicator represents the open value for the time interval, the close value for the time interval, the high value for the time interval, the low value for the time interval, and the implied quantity percentage.

2. The system of claim 1, wherein the value axis is a price axis.

3. The system of claim 1, wherein the market data is received from an electronic exchange.

4. The system of claim 1, wherein the market data is received from a gateway device.

5. The system of claim 1, wherein the time interval is a single trading session.

6. The system of claim 1, wherein the time interval is specified by a user.

7. The system of claim 1, wherein the total quantity traded and the implied quantity traded are determined based on last traded quantity and last traded price information in the market data.

8. The system of claim 7, wherein the last traded quantity and the last traded price information in the market data indicates whether a trade was an implied trade or a direct trade.

9. The system of claim 1, wherein the implied quantity percentage is determined to be the implied quantity traded divided by the total quantity traded.

10. The system of claim 1, wherein the indicator is in the shape of a candlestick indicator.

11. The system of claim 1, wherein the indicator represents the implied quantity percentage with shading of the indicator.