Displaying Market Data in Multiple Formats

• US 20150012404A1
• Filed: 07/03/2013
• Published: 01/08/2015
• Est. Priority Date: 07/03/2013
• Status: Active Application

• Current Assignee: Trading Technologies International, Inc.
• Original Assignee: Trading Technologies International, Inc.
• Inventors: Buck, Brian J.
• Application Number:
  US13/934,997
• Publication Number:
  US 20150012404A1
• 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

Some embodiments of the invention provide systems and methods for displaying market data which are operatively configured to alternate the presentation of the market data between multiple formats responsive to a user selection, wherein at least one of the formats is condensed by converting numerical values to graphical or visual representations thereof which reduces the amount of cognitive workload required to review, detect, and monitor the market data, among other things, while also continuing to convey useful information that facilitates the execution of trades in tradable objects.

Claims

1. A method for displaying market data facilitated by a computing device in a communication with an electronic exchange, the method comprising the steps of:

a) displaying a first interface format for presenting current market data in a first area of a display device including;

i) a plurality of generally axially aligned price regions defining a central price axis, wherein each of the axially aligned price regions contain therein a current numerical price for a tradable object in sequential order along the price axis;

ii) a plurality of ask regions, wherein each ask region of the plurality of ask regions is transversely aligned to a price region relative to the central price axis and contains a numerical value representing a current ask quantity at the price displayed in the transversely aligned price region, thereby displaying a positional relationship between the current ask quantity and price along the central price axis;

iii) a plurality of bid regions, wherein each bid region of the plurality of bid regions is transversely aligned to a price region relative to the central price axis and contains a numerical value representing a current bid quantity at the price displayed in the transversely aligned price region, thereby displaying a positional relationship between the current bid quantity and price along the central price axis;

b) responsive to receiving a user selection through a user input device, displaying a second interface format for presenting current market data in a second area of the display device, the second area being smaller than the first area, wherein the second interface format includes;

i) a visual representation of the magnitude of the numerical value for the current bid quantity contained in each of the bid regions of the plurality of bid regions displayed in the first interface format, wherein each visual representation is displayed in a position corresponding to the positional relationship between the current bid quantity and price displayed in the first interface format; and

ii) a visual representation of the magnitude of the numerical value for the current ask quantity contained in each of the ask regions of the plurality of ask regions displayed in the first interface format, wherein each visual representation is displayed in a position corresponding to the positional relationship between the current ask quantity and price displayed in the first interface format.

2. The method according to claim 1, wherein the second area of the display device is shown in a portion of the first area of the display device.

3. The method according to claim 1, wherein the central price axis line is displayed vertically on the display.

4. The method according to claim 1, wherein the visual representations in the ask regions and the visual representations in the bid regions are displayed as transversely aligned to opposing sides in the second interface format.

5. The method according to claim 1, wherein the visual representations of the magnitude of the numerical value for the current bid quantity comprise a graphic of a size that is scaled relative to all of the current bid quantities in the plurality bid regions.

6. The method according to claim 1, wherein the visual representations of the magnitude of the numerical value for the current ask quantity comprise a graphic of a size that is scaled relative to all of the current ask quantities in the plurality ask regions.

7. The method according to claim 1, further comprising the step of displaying one or more of the current numerical prices in the second interface format.

8. The method according to claim 1, wherein one or more of the visual representations include one or more colors.

9. The method according to claim 1, further comprising the step of redisplaying the first interface format after displaying the second interface format responsive to receiving a user selection thereof through a user input device.

10. A system for displaying market data comprising:

a) a computing device in a communication with an electronic exchange;

b) a display device for displaying a first interface format of current market data in a first area of the display device, wherein the first interface format includes;

c) displaying a first interface format for presenting current market data in a first area of a display device including;

i) a plurality of generally axially aligned price regions defining a central price axis, wherein each of the axially aligned price regions contain therein a current numerical price for a tradable object in sequential order along the price axis;

ii) a plurality of ask regions, wherein each ask region of the plurality of ask regions is transversely aligned to a price region relative to the central price axis and contains a numerical value representing a current ask quantity at the price displayed in the transversely aligned price region, thereby displaying a positional relationship between the current ask quantity and price along the central price axis;

iii) a plurality of bid regions, wherein each bid region of the plurality of bid regions is transversely aligned to a price region relative to the central price axis and contains a numerical value representing a current bid quantity at the price displayed in the transversely aligned price region, thereby displaying a positional relationship between the current bid quantity and price along the central price axis;

d) a user input device for receiving a user selection to display a second interface format of current market data in a second area of the display device, the second area being smaller than the first area, wherein the second interface format includes;

i) a visual representation of the magnitude of the numerical value for the current bid quantity contained in each of the bid regions of the plurality of bid regions displayed in the first interface format, wherein each visual representation is displayed in a position corresponding to the positional relationship between the current bid quantity and price displayed in the first interface format; and

ii) a visual representation of the magnitude of the numerical value for the current ask quantity contained in each of the ask regions of the plurality of ask regions displayed in the first interface format, wherein each visual representation is displayed in a position corresponding to the positional relationship between the current ask quantity and price displayed in the first interface format.

11. The system of claim 10, wherein the display device and computing device are mounted in a unitary housing.

12. The system of claim 10, wherein the user display device and user input device are mounted in a unitary housing.

13. The system of claim 10, wherein the visual representations of the magnitude of the numerical value for the current bid quantity comprise a graphic of a size that is scaled relative to all of the current bid quantities in the plurality bid regions.

14. The system of claim 10, wherein the visual representations of the magnitude of the numerical value for the current ask quantity comprise a graphic of a size that is scaled relative to all of the current ask quantities in the plurality ask regions.

15. The system of claim 10, further comprising the step of displaying one or more of the current numerical prices in the second interface format.

16. The system of claim 10, wherein the first interface format is redisplayed responsive to receiving a user selection thereof through the user input device.

17. A non-transitory computer-readable information recording medium which stores a program for controlling a computer to receive market data from an electronic exchange, the program comprising code for permitting the computer to perform the following steps:

a) displaying a first interface format for presenting current market data in a first area of a display device including;

i) a plurality of generally axially aligned price regions defining a central price axis, wherein each of the axially aligned price regions contain therein a current numerical price for a tradable object in sequential order along the price axis;

ii) a plurality of ask regions, wherein each ask region of the plurality of ask regions is transversely aligned to a price region relative to the central price axis and contains a numerical value representing a current ask quantity at the price displayed in the transversely aligned price region, thereby displaying a positional relationship between the current ask quantity and price along the central price axis;

iii) a plurality of bid regions, wherein each bid region of the plurality of bid regions is transversely aligned to a price region relative to the central price axis and contains a numerical value representing a current bid quantity at the price displayed in the transversely aligned price region, thereby displaying a positional relationship between the current bid quantity and price along the central price axis;

b) responsive to receiving a user selection through a user input device, displaying a second interface format for presenting current market data in a second area of the display device, the second area being smaller than the first area, wherein the second interface format includes;

i) a visual representation of the magnitude of the numerical value for the current bid quantity contained in each of the bid regions of the plurality of bid regions displayed in the first interface format, wherein each visual representation is displayed in a position corresponding to the positional relationship between the current bid quantity and price displayed in the first interface format; and

ii) a visual representation of the magnitude of the numerical value for the current ask quantity contained in each of the ask regions of the plurality of ask regions displayed in the first interface format, wherein each visual representation is displayed in a position corresponding to the positional relationship between the current ask quantity and price displayed in the first interface format.