System for processing and displaying financial information

• US 5,689,651 A
• Filed: 10/13/1994
• Issued: 11/18/1997
• Est. Priority Date: 10/13/1994
• Status: Expired due to Term

• Current Assignee: Blue Water Partners Incorporated
• Original Assignee: Blue Water Partners Incorporated
• Inventors: Lozman, Fane
• Primary Examiner(s): McElheny, Jr., Donald E.
• Application Number:
  US08/322,422
• Time in Patent Office: 1,132 Days
• Field of Search: 364/401, 364/408, 364/401 R
• US Class Current: 705/37
• CPC Class Codes: G06Q 40/02 Banking, e.g. interest calculation or account maintenance credit or loans G06Q40/03
• CPC Class Codes: G06Q 40/04 Trading; Exchange, e.g. stocks, commodities, derivatives or currency exchange

Abstract

A system for processing and displaying financial market data corresponding to user selected primary and secondary symbols having a programmable computer with a display. A communication device is connected to the computer for receiving the financial market data from an external data source. The computer has software for selecting the primary and secondary symbols from the financial market data and for displaying the data corresponding to the primary symbol on a central portion of the display and displaying the data corresponding to the secondary symbols on a peripheral portion of the display and periodically updating the data corresponding to the selected primary and secondary symbols.

Claims

1. A device for processing and displaying financial market data corresponding to user selected primary and secondary symbols, comprising:

a) a programmable computer including a display;

b) a communication device connected to said computer for receiving financial market data from an external data source; and

c) said programmable computer including software for selecting the primary and secondary symbols from the financial market data and displaying the data corresponding to the primary symbol on a central portion of said display and displaying the data corresponding to the secondary symbols on a peripheral portion of said display in a hub-and-spoke configuration and periodically updating the data corresponding to the selected primary and secondary symbols.

2. A device as recited in claim 1, wherein:

a) said software is adapted for displaying a first graphic indicator within the central portion of said display, said first graphic indicator corresponding to the strength or weakness of the market conditions affecting the selected primary symbol.

3. A device as recited in claim 2, wherein:

a) said first graphic indicator includes a circle when the market conditions are neutral.

4. A device as recited in claim 2, wherein:

a) said first graphic indicator includes an arrow pointing upwardly or downwardly when the market conditions are affecting the strength or weaknesses, respectively, of the selected primary symbol.

5. A device as recited in claim 2, wherein:

a) said software is adapted for displaying second and third graphic indicators within the central portion of the display, said second and third graphic indicators representing current day'"'"'s price action relative to previous days'"'"' price action for the selected primary symbol.

6. A device as recited in claim 5, wherein:

a) said second graphic indicator includes a bar of fixed length corresponding to the average price movement of the selected primary symbol over a number of previous days.

7. A device as recited in claim 5, wherein:

a) said third graphic indicator includes a rectangle with one side corresponding to the price movement of the selected primary symbol for the current day.

8. A method for processing and displaying financial market data corresponding to user selected primary and secondary symbols, comprising the steps of:

a) providing a programmable computer including a display and a communication device;

b) receiving financial market data corresponding to the selected primary and secondary symbols from an external data source through the communication device;

c) inputing the received data to the computer;

d) displaying the selected data corresponding to the selected primary symbol within a central portion of the display;

e) displaying the selected data corresponding to the selected secondary symbols within a portion of the display peripheral to the central portion of the display in a hub-and-spoke configuration; and

f) periodically updating the displayed data from the external data source.

9. The method of claim 8, and further including the step of:

a) displaying a first graphic indicator within the central portion of the display, said first graphic indicator corresponding to the strength or weakness of the market conditions affecting the selected primary symbol.

10. The method of claim 9, and further including the step of:

a) displaying second and third graphic indicators within the central portion of the display, said second and third graphic indicators representing current day'"'"'s price action relative to previous days'"'"' price action for the selected primary symbol.

11. The method of claim 10, wherein:

a) said second graphic indicator is a bar of fixed length corresponding to the average price movement of the selected primary symbol over a number of previous days.

12. The method of claim 10, wherein:

a) said third graphic indicator is a rectangle with one side corresponding to the price movement of the selected primary symbol for the current day.

13. The method as recited in claim 10, and further including the steps of:

a) calculating the ratio of the current day'"'"'s price range of the primary symbol to the average price movement of said primary symbol over a number of previous days;

b) displaying the calculated ratio adjacent said second graphic indicator; and

c) said second graphic indicator includes a variable sized rectangle with the size of said rectangle corresponding to the price movement of the selected primary symbol for the current day.

14. The method as recited in claim 10, further including the step of:

a) displaying the current day'"'"'s high and low trading corresponding to selected primary symbol adjacent said third graphic indicator.

15. The method of claim 9, wherein:

a) said first graphic indicator is a circle when the market conditions are neutral.

16. The method of claim 9, wherein:

a) said first graphic indicator is an arrow pointing upwardly or downwardly when the market conditions are affecting the strength or weaknesses respectively of the selected primary symbol.

17. The method as recited in claim 8, wherein:

a) said step of displaying the selected data corresponding to the selected primary symbol includes displaying the current trading price corresponding to the selected primary symbol.

18. The method as recited in claim 8, wherein:

a) said step of displaying the selected data corresponding to the selected primary symbol includes displaying the current day'"'"'s net change in price corresponding to the selected primary symbol.

19. The method as recited in claim 8, wherein:

a) said step of displaying the selected data corresponding to the selected secondary symbols includes displaying the current trading price corresponding to each of the selected secondary symbols.

20. The method as recited in claim 8, wherein:

a) said step of displaying the selected data corresponding to the selected secondary symbols includes displaying the current day'"'"'s net change in price corresponding to each of the selected secondary symbols.