METHOD AND SYSTEM FOR AGGREGATING FOREIGN EXCHANGE MEASURES

• US 20180260893A1
• Filed: 03/09/2017
• Published: 09/13/2018
• Est. Priority Date: 03/09/2017
• Status: Active Grant

• Current Assignee: JP Morgan Chase Bank, N.A. (JP Morgan Chase & Co)
• Original Assignee: JP Morgan Chase Bank, N.A. (JP Morgan Chase & Co)
• Inventors: JAMES, Richard C., HARE, Robert, HAMPTON, Sam
• Granted Patent: US 11,216,874 B2
• Time in Patent Office: Days
• CPC Class Codes: G06Q 40/04 Trading; Exchange, e.g. stocks, commodities, derivatives or currency exchange

Abstract

According to an embodiment of the present invention, an automated computer implemented system aggregates foreign exchange data and graphically represents a change in spread. The system comprises a computer processor coupled to a storage mechanism, an aggregator server, an orders server and an interactive user interface. The computer processor is programmed to: aggregate data from a plurality of market data sources representing a plurality of different underlying markets; generate an amount view, based on the aggregated data, that illustrates smart liquidity with respect to a moving average based on a predetermined time period plus two standard deviations; and provide, via the interactive user interface, an interactive amount view with a slope that represents a change in spread between a bid and an offer.

Claims

1. An automated computer implemented system that aggregates foreign exchange data and graphically represents a change in spread, wherein the system comprises:

a storage mechanism that stores user profile data and foreign exchange market data;

an aggregator server that receives market data from a plurality of sources and aggregates market prices;

an orders server that processes one or more orders based on the aggregated market data;

an interactive user interface that receives one or more user inputs; and

a computer processor, coupled to the storage mechanism, the aggregator server, the orders server and the interactive user interface, and programmed to;

aggregate data from a plurality of market data sources representing a plurality of different underlying markets;

generate an amount view, based on the aggregated data, that illustrates smart liquidity with respect to a moving average based on a predetermined time period plus two standard deviations; and

provide, via the interactive user interface, an interactive amount view with a slope that represents a change in spread between a bid and an offer.

2. The system of claim 1, wherein the moving average is calculated for a 12 week average.

3. The system of claim 1, wherein the interactive user interface illustrates smart liquidity and raw liquidity.

4. The system of claim 1, wherein the plurality of underlying markets represent a plurality of Electronic Communication Networks.

5. The system of claim 1, wherein the aggregated market prices comprise Top of the Book data

6. The system of claim 1, wherein the aggregated market prices comprise Volume Weighted Average Prices.

7. The system of claim 1, wherein the moving average is calculated for a three month daily average.

8. The system of claim 1, wherein the interactive user interface indicates a cost in terms of spread relative to the moving average plus two standard deviation.

9. The system of claim 1, wherein the interactive user interface provides a reference point to compare the spread paid for an amount.

10. The system of claim 1, wherein the interactive amount view is generated in real-time.

11. An automated computer implemented method that aggregates foreign exchange data and graphically represents a change in spread, wherein the method comprising the steps of:

aggregating, via an aggregator server, data from a plurality of market data sources representing a plurality of different underlying markets;

generating, via a programmed computer processor, an amount view, based on the aggregated data, that illustrates smart liquidity with respect to a moving average based on a predetermined time period plus two standard deviations; and

providing, via an interactive user interface, an interactive amount view with a slope that represents a change in spread between a bid and an offer.

12. The method of claim 11, wherein the moving average is calculated for a 12 week average.

13. The method of claim 11, wherein the interactive user interface illustrates smart liquidity and raw liquidity.

14. The method of claim 11, wherein the plurality of underlying markets represent a plurality of Electronic Communication Networks.

15. The method of claim 11, wherein the aggregated market prices comprise Top of the Book data

16. The method of claim 11, wherein the aggregated market prices comprise Volume Weighted Average Prices.

17. The method of claim 11, wherein the moving average is calculated for a three month daily average.

18. The method of claim 11, wherein the interactive user interface indicates a cost in terms of spread relative to the moving average plus two standard deviation.

19. The method of claim 11, wherein the interactive user interface provides a reference point to compare the spread paid for an amount.

20. The method of claim 11, wherein the interactive amount view is generated in real-time.