Portable trade recordation system including means for abbreviated entry of data

• US 5,463,547 A
• Filed: 01/27/1995
• Issued: 10/31/1995
• Est. Priority Date: 04/19/1990
• Status: Expired due to Term

• Current Assignee: New York Mercantile Exchange Incorporated (CME Group Incorporated)
• Original Assignee: New York Mercantile Exchange Incorporated (CME Group Incorporated)
• Inventors: Markowitz, Arthur D., Sabo, John J.
• Primary Examiner(s): Hayes, Gail O.
• Assistant Examiner(s): BUTTERWORTH, CH
• Application Number:
  US08/384,259
• Time in Patent Office: 277 Days
• Field of Search: 395/149, 395/157, 395/158, 395/155, 395/710.04, 364/408, 364/401, 364/406
• US Class Current: 715/273
• CPC Class Codes: G06Q 40/04 Trading; Exchange, e.g. stocks, commodities, derivatives or currency exchange

Abstract

A portable trade recordation and submission system comprising a hand-held computer terminal with a removable storage device. The software program in the system provides display screens for sign-on, set date/time, account setup, futures/options trade detail, review of positions and evaluate positions. Transaction data pertaining to trades may be entered in the system via the display screens and stored in the removable storage device. Thereafter, the removable storage device containing the transaction data may be provided to a clearing member for submission to the commodities exchange via the clearing member'"'"'s normal means of trade submission.

Claims

1. A method of selectively entering data into one of a plurality of data records displayed on a display screen of a data entry apparatus, comprising the steps of:

(a) displaying an edit area on the display screen containing the plurality of data records, each data record having a plurality of character fields, a plurality of which are more than one character and which are used in a complete transaction;

(b) displaying an entry field on the display screen;

(c) displaying input data entered on the data entry apparatus in said entry field;

(d) transferring input data displayed in said entry field to a character field of a data record of said plurality of data records by direct user indication of said character field on the display screen;

(e) storing completed data records of said plurality of data records in a memory;

(f) removing said completed data records from the edit area of the display screen; and

(g) retaining incomplete data records of said plurality of data records in the edit area of the display screen;

wherein said steps of storing, removing, and retaining are performed upon activation of at least one field.

2. A method of selectively entering data into one of a plurality of data records displayed on a display screen of a data entry apparatus according to claim 1, further comprising the step of transferring data displayed in said character field of said data record to a corresponding additional character field of an additional data record by direct indication of said corresponding additional character field on the display screen.

3. A method of selectively entering data into one of a plurality of data records displayed on a display screen of a data entry apparatus according to claim 1, further comprising the steps of:

(a) displaying additional data entered on the data entry apparatus in said entry field;

(b) transferring data displayed in said character field of said data record to a corresponding additional character field of an additional data record by direct indication of said corresponding additional character field on the display screen and;

(c) replacing the least significant digits of the data transferred from said character field of said data record with said additional data displayed in said data entry field.

4. A method of selectively entering data into one of a plurality of data records displayed on a display screen of a data entry apparatus according to claim 1, further comprising the step of displaying at least one of said completed data records in a display area of the display screen.