System and method for displaying trading data

• US 7,599,868 B1
• Filed: 05/01/2006
• Issued: 10/06/2009
• Est. Priority Date: 03/31/2005
• Status: Active Grant

• Current Assignee: Trading Technologies International, Inc.
• Original Assignee: Trading Technologies International, Inc.
• Inventors: Tanpoco, Alvin F.
• Primary Examiner(s): Trammell; James P
• Assistant Examiner(s): Malhotra; Sanjeev
• Application Number:
  US11/415,356
• Time in Patent Office: 1,254 Days
• Field of Search: 705/32, 705/36.R, 705/37, 705/38, 705/45, 714/49, 715/863
• US Class Current: 705/35
• CPC Class Codes: G06F 3/0482 Interaction with lists of selectable items, e.g. menus
• CPC Class Codes: G06F 3/04847 Interaction techniques to control parameter settings, e.g. interaction with sliders or dials
• CPC Class Codes: G06Q 20/042 characterized in that the payment protocol involves at least one cheque
• CPC Class Codes: G06Q 30/06 Buying, selling or leasing transactions
• CPC Class Codes: G06Q 40/00 Finance; Insurance; Tax strategies; Processing of corporate or income taxes
• CPC Class Codes: G06Q 40/03 Credit; Loans; Processing thereof
• CPC Class Codes: G06Q 40/04 Trading; Exchange, e.g. stocks, commodities, derivatives or currency exchange
• CPC Class Codes: G06Q 40/06 Asset management; Financial planning or analysis
• CPC Class Codes: G06Q 40/10 Tax strategies
• CPC Class Codes: G06Q 40/12 Accounting

Abstract

A system and method are provided for presenting trading information. One example method includes displaying a plurality of effective trade indicators corresponding to price levels at which effective trades have been initiated, and displaying trading information corresponding to each effective trade. The effective trades can be determined based on user-configured trade definitions. The trading information can include a traded quantity and profit/loss corresponding to each effective trade. In addition to the trading information, current market information could be displayed as well in relation to the plurality of effective trades.

Claims

1. A method for presenting trading information, comprising:

receiving at a computing device data comprising order fill information relating to a plurality of orders placed for a tradeable object at an electronic exchange indicating that each of the plurality of orders has been filled;

selecting at the computing device a group of filled orders from the plurality of orders as an effective trade based on a user configurable definition, wherein the group of filled orders includes two or more of the plurality of orders, wherein the user configurable definition is used to determine a first order from the plurality of orders initiating the effective trade and which other orders in the plurality of orders should be grouped with the first order;

computing at the computing device a profit/loss value for the effective trade based on the group of filled orders and the received data; and

displaying on a graphical user interface the profit/loss value.

2. The method of claim 1, wherein the user configurable definition comprises selecting which orders are grouped as the effective trade according to a first-in-first-out (“

FIFO”

) method or to a last-in-first-out (“

LIFO”

) method.

3. The method of claim 1, wherein the user configurable definition selects filled orders going from a zero position in the tradeable object to taking a long or short position in the tradeable object, and then back to the zero position.

4. The method of claim 1, further comprising:

computing a total quantity traded value in relation to the effective trade; and

displaying on the graphical user interface the total quantity traded value.

5. The method of claim 1, further comprising:

displaying a plurality of price levels corresponding to the tradeable object;

determining a number of effective trades initiated at each of the plurality of price levels; and

displaying a total profit/loss value for each of the plurality of price levels, wherein the total profit/loss value is a summation of a profit/loss value for each of the number of effective trades initiated at a particular price level.

6. The method of claim 5, further comprising displaying the number of effective trades in relation to each corresponding price level.

7. The method of claim 5, further comprising:

determining a total position taken for each of the plurality of price levels, wherein the total position taken is a summation of positions taken for each of the number of effective trades initiated at the particular price level.

8. The method of claim 1, further comprising:

displaying a plurality of price levels corresponding to the tradeable object; and

displaying a last trade price indicator in relation to the plurality of price levels.

9. A computer-readable medium having stored thereon computer-executable instructions for performing a method comprising:

receiving at a computing device data comprising order fill information relating to a plurality of orders placed for a tradeable object at an electronic exchange indicating that each of the plurality of orders has been filled;

selecting at the computing device a group of filled orders from the plurality of orders as an effective trade based on a user configurable definition, wherein the group of filled orders includes two or more of the plurality of orders, wherein the user configurable definition is used to determine a first order from the plurality of orders initiating the effective trade and which other orders in the plurality of orders should be grouped with the first order;

computing at the computing device a profit/loss value for the effective trade based on the group of filled orders and the received data; and

displaying on a graphical user interface the profit/loss value.

10. The computer readable medium of claim 9, wherein the user configurable definition comprises selecting which orders are grouped as the effective trade according to a first-in-first-out (“

FIFO”

) method or to a last-in-first-out (“

LIFO”

) method.

11. The computer readable medium of claim 9, wherein the user configurable definition selects filled orders going from a zero position in the tradeable object to taking a long or short position in the tradeable object, and then back to the zero position.

12. The computer readable medium of claim 9, further comprising:

computing a total quantity traded value in relation to the effective trade; and

displaying on the graphical user interface the total quantity traded value.

13. The computer readable medium of claim 9, further comprising:

displaying a plurality of price levels corresponding to the tradeable object;

determining a number of effective trades initiated at each of the plurality of price levels; and

displaying a total profit/loss value for each of the plurality of price levels, wherein the total profit/loss value is a summation of a profit/loss value for each of the number of effective trades initiated at a particular price level.

14. The computer readable medium of claim 13, further comprising displaying the number of effective trades in relation to each corresponding price level.

15. The computer readable medium of claim 13, further comprising:

determining a total position taken for each of the plurality of price levels, wherein the total position taken is a summation of positions taken for each of the number of effective trades initiated at the particular price level.

16. The computer readable medium of claim 9, further comprising:

displaying a plurality of price levels corresponding to the tradeable object; and

displaying a last trade price indicator in relation to the plurality of price levels.