Configurable Non-Numeric Quantity Data Feed Display

• US 20140310143A1
• Filed: 04/11/2013
• Published: 10/16/2014
• Est. Priority Date: 04/11/2013
• Status: Abandoned Application

• Current Assignee: Trading Technologies International, Inc.
• Original Assignee: Trading Technologies International, Inc.
• Inventors: Singer, Scott F., Buck, Brian J.
• Application Number:
  US13/860,932
• Publication Number:
  US 20140310143A1
• 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

Abstract

A tool and method for transmitting and displaying market depth information associated with a tradeable object trading in a market is disclosed. The tool and method provide a mechanism by which market depth information may be withheld when the change in market depth information is not sufficiently significant. In response to transmitting market depth information, the market depth information is displayed using indicators associated with range instead of a value.

Claims

1. A method for displaying a market depth for a tradeable object, the method comprising:

displaying, by an electronic display device, a value axis having a plurality of axially aligned price levels associated the tradeable object;

receiving, by a computing device, market depth information associated with the tradeable object, wherein the market depth information includes quantity information describing the available quantity of the tradeable object at each of the plurality of price levels;

comparing, by a computing device, the available quantity at each of the plurality of price levels to at least one quantity threshold parameter, wherein the at least one quantity threshold parameter is associated with a range of tradeable object quantities; and

updating an electronic display device when the available quantity exceeds the quantity threshold parameter, wherein the electronic display device utilizes one or more quantity range indicators positioned adjacent to one or more of the plurality of price levels, and wherein each of the one or more quantity range indicators represents a range of the available quantity.

2. The method as defined in claim 1, wherein the quantity range indicator is selected from the group consisting of:

a color;

a pattern; and

a symbol.

3. The method as defined in claim 1, wherein the quantity range indicator transitions between a highlighted state and a non-highlighted state.

4. The method as defined in claim 3, wherein the highlighted state is a visible state and wherein the non-highlighted state is a non-visible state.

5. The method as defined in claim 1, wherein the quantity range indicator associated with the largest range of tradeable object quantities is unique at a given price level

6. The method as defined in claim 1, wherein the quantity range indicator are configured differently at each price level.

7. The method as defined in claim 1, wherein updating the electronic display device includes evaluating the available quantity with respect to at least one slop parameter.

8. The method as defined in claim 7, wherein the at least one slop parameter is selected from the group consisting of:

a quantity slop parameter and a time slop parameter.

9. The method as defined in claim 1, wherein the market depth is displayed for multiple tradeable objects.

10. The method as defined in claim 1, wherein the quantity range indicator includes a user indicator.

11. A method for displaying a market depth for a tradeable object, the method comprising:

displaying, by an electronic display device, a sequence of quantity indicators associated with the tradeable object, wherein the sequence of quantity range indicators is adjacent to a corresponding price level;

setting, by a computing device, a quantity threshold parameter, wherein the quantity threshold parameter is associated the sequence of quantity range indicators;

determining, by the computing device, the quantity threshold parameter is exceeded; and

enabling, by the electronic display device, at least one of the sequence of quantity range indicators associated with the exceeded quantity threshold parameter.

12. The method as defined in claim 11, wherein the quantity range indicator is selected from the group consisting of:

a color;

a pattern; and

a symbol.

13. The method as defined in claim 11, wherein the quantity range indicator associated with the largest range of tradeable object quantities is unique at a given price level

14. The method as defined in claim 11, wherein updating the electronic display device includes evaluating the available quantity with respect to at least one slop parameter.

15. The method as defined in claim 14, wherein the at least one slop parameter is selected from the group consisting of:

a quantity slop parameter;

a time slop parameter.

16. The method as defined in claim 11, wherein there is at least one quantity range indicator adjacent to each price level.

17. The method as defined in claim 11, further comprising a toggle configured to switch the display between a non-numeric quantity data feed display and a numeric quantity data feed display.

18. A method for displaying a market depth for a tradeable object, the method comprising:

displaying, by an electronic display device, a plurality of axially aligned price levels associated with the tradeable object;

setting, by a computing device, one or more quantity threshold parameters, wherein the one or more quantity threshold parameters are associated with a market depth quantity range;

determining, by the computing device, the one or more quantity threshold parameters are exceeded; and

displaying, by the electronic display device, one or more quantity range indicators adjacent in response to an exceeded quantity threshold parameter, wherein the quantity threshold parameters are associated with the tradeable object at each of the price levels.

19. The method as defined in claim 18, wherein the quantity range indicator is selected from the group consisting of:

a color;

a pattern; and

a symbol.

20. The method as defined in claim 18, wherein the quantity range indicator associated with the largest range of tradeable object quantities is unique at a given price level

21. The method as defined in claim 18, wherein the quantity range indicator are configured differently at each price level.

22. The method as defined in claim 18, wherein updating the electronic display device includes evaluating the available quantity with respect to at least one slop parameter.

23. The method as defined in claim 22, wherein the at least one slop parameter is selected from the group consisting of:

a quantity slop parameter, and a time slop parameter.

24. The method as defined in claim 18, wherein there is at least one quantity range indicator adjacent to each price level.

25. The method as defined in claim 18, further comprising a toggle configured to switch the display between a non-numeric quantity data feed display and a numeric quantity data feed display.

26. The method as defined in claim 18, wherein the market depth is displayed for multiple tradeable objects.

27. The method as defined in claim 18, wherein the quantity range indicator includes a user indicator.