User interface for an electronic trading system
DC CAFCFirst Claim
1. A method for facilitating trading and displaying information regarding the buying and selling of a good, the method comprising:
- displaying a chart on a graphical user interface comprising a vertical axis of price values and a horizontal axis of time;
displaying indicators representing historical trading data for the good at locations along the vertical axis of price values and the horizontal axis of time;
providing a plurality of locations on the graphical user interface to place an order icon with a pointer of a user input device, each location corresponding to a particular price value along the vertical axis of price values;
placing an order icon for a particular quantity of the good at a specific location of the plurality of locations along the vertical axis of price values with a pointer of an input device, wherein the specific location on which the order icon is placed corresponds to a particular price value;
generating an order to buy or sell the particular quantity of the good at the particular price value responsive to placing the order icon at the specific location; and
sending the order to an electronic trading system, wherein the order is for the particular quantity of the good and at the particular price value determined based on the location where the order icon was placed.
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Abstract
A user interface for an electronic trading exchange is provided which allows a remote trader to view in real time bid orders, offer orders, and trades for an item, and optionally one or more sources of contextual data. Individual traders place orders on remote client terminals, and this information is routed to a transaction server. The transaction server receives order information from the remote terminals, matches a bid for an item to an offer for an item responsive to the bid corresponding with the offer, and communicates outstanding bid and offer information, and additional information (such as trades and contextual data) back to the client terminals. Each client terminal displays all of the outstanding bids and offers for an item, allowing the trader to view trends in orders for an item. A priority view is provided in which orders are displayed as tokens at locations corresponding to the values of the orders. The size of the tokens reflects the quantity of the orders. An alternate view positions order icons at a location which reflects the value and quantity of the order. Additionally, contextual data for the item is also displayed to allow the trader to consider as much information as possible while making transaction decisions. A pit panel view is also provided in which traders connected to the pit are represented by icons, and are displayed corresponding to an activity level of the trader.
141 Citations
24 Claims
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1. A method for facilitating trading and displaying information regarding the buying and selling of a good, the method comprising:
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displaying a chart on a graphical user interface comprising a vertical axis of price values and a horizontal axis of time; displaying indicators representing historical trading data for the good at locations along the vertical axis of price values and the horizontal axis of time; providing a plurality of locations on the graphical user interface to place an order icon with a pointer of a user input device, each location corresponding to a particular price value along the vertical axis of price values; placing an order icon for a particular quantity of the good at a specific location of the plurality of locations along the vertical axis of price values with a pointer of an input device, wherein the specific location on which the order icon is placed corresponds to a particular price value; generating an order to buy or sell the particular quantity of the good at the particular price value responsive to placing the order icon at the specific location; and sending the order to an electronic trading system, wherein the order is for the particular quantity of the good and at the particular price value determined based on the location where the order icon was placed. - View Dependent Claims (2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 23, 24)
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14. A computer readable medium, for an electronic exchange in which a good is bought and sold responsive to orders submitted by traders, each order specifying a value and quantity for the order, the computer readable medium containing a program containing instructions to cause a processor to perform the following steps:
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displaying a chart on a graphical user interface comprising a vertical axis of price values and a horizontal axis of time; displaying indicators representing historical trading data for the good at locations along the vertical axis of price values and the horizontal axis of time; providing a plurality of locations on the graphical user interface to place an order icon with a pointer of a user input device, each location corresponding to a particular price value along the vertical axis of price values; placing an order icon for a particular quantity of the good at a specific location of the plurality of locations along the vertical axis of price values with a pointer of an input device, wherein the specific location on which the order icon is placed corresponds to a particular price value; generating an order to buy or sell the particular quantity of the good at the particular price value responsive to placing the order icon at the specific location; and sending the order to an electronic trading system, wherein the order is for the particular quantity of the good and at the particular price value determined based on the location where the order icon was placed. - View Dependent Claims (15, 16, 17, 18, 19, 20, 21, 22)
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Specification