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System and method for displaying profit related information in an electronic trading environment

  • US 7,584,143 B2
  • Filed: 05/02/2006
  • Issued: 09/01/2009
  • Est. Priority Date: 01/31/2003
  • Status: Expired due to Fees
First Claim
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1. A computing device for displaying a graphical user interface configured to display profit information related to a tradeable object being traded in an electronic trading environment, the computing device comprising:

  • a processing device programmed to display a graphical user interface having;

    a profit information area of the graphical user interface defined by a first axis representing a profit level for the tradeable object with a range of profit levels, each profit level at a location along the first axis, and a second axis being substantially orthogonal to the first axis representing a range of net positions, each net position at a location along the second axis; and

    a first indicator being dynamically displayed, at a current time, in a first location corresponding to a particular profit level along the first axis, the first indicator further representing a particular net position for the tradeable object according to the second axis, the particular net position being based on a certain amount of the tradeable object either bought or sold up to the current time,wherein the first indicator represents a profit or loss, based on the particular profit level along the first axis, that a trader would incur if the particular net position was closed at the current time,wherein the particular profit level corresponding to the first location is based on any of the following;

    a best ask price, a best bid price or a last traded price for the tradeable object provided in a first market update from an electronic exchange at the current time and further based on a price level of getting into the net position, andwherein the first indicator is dynamically displayed in a second location corresponding to another particular profit level along the first axis upon receiving a new market update from the electronic exchange, the second market update comprising an updated best ask price, an updated best bid price, or an updated last traded price for the tradeable object that is used to determine the another particular profit level.

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