System and method for analyzing and displaying security trade transactions
First Claim
1. A system for displaying securities market transaction information received from a securities exchange market data system comprising:
- an exchange server operatively coupled to the securities exchange market data system and configured to receive therefrom transaction information and order book information relating to at least one security, said transaction information including price and volume of at least one trade in said security and the order book information including parameters of at least one pending order for said security; and
a trader workstation operatively coupled to said exchange server;
said exchange server being further configured to transmit to said trader workstation a selectable portion of said transaction information and order book information relating to said at least one security;
said trader workstation being configured to display for each trade of a user-selected security within a user-selected range of trades represented in said portion of said transaction information an indicium representing said price of such trade;
said trader workstation being configured to determine using at least both said transaction information and said order book information whether said trade was seller-initiated or buyer-initiated, and responsive to said determination to control appearance of said indicia to distinguish between buyer-initiated and seller-initiated trades; and
said trader workstation being configured to display at least a subset of said order book information relating to said user-selected security adjacent said indicia.
3 Assignments
0 Petitions
Accused Products
Abstract
A system and methods for processing and charting security exchange trading and market information shows security traders if current transactions originated as buy orders (810) or sell orders (812), and simultaneously indicates traded quantity. Security exchange trading information is received including price, volume and time of each trade. Market information is also received including bids and offers. The security exchange trading and market information is processed simultaneously and displayed as a continuously updated real-time chart (800) depicting the exchange auction process. The chart (800) is formed by plotting each trade at the price traded, and for each plot point shows a distinctive icon indication whether the transaction was initiated by a buyer (810) or seller (812).
-
Citations
20 Claims
-
1. A system for displaying securities market transaction information received from a securities exchange market data system comprising:
-
an exchange server operatively coupled to the securities exchange market data system and configured to receive therefrom transaction information and order book information relating to at least one security, said transaction information including price and volume of at least one trade in said security and the order book information including parameters of at least one pending order for said security; and a trader workstation operatively coupled to said exchange server; said exchange server being further configured to transmit to said trader workstation a selectable portion of said transaction information and order book information relating to said at least one security; said trader workstation being configured to display for each trade of a user-selected security within a user-selected range of trades represented in said portion of said transaction information an indicium representing said price of such trade; said trader workstation being configured to determine using at least both said transaction information and said order book information whether said trade was seller-initiated or buyer-initiated, and responsive to said determination to control appearance of said indicia to distinguish between buyer-initiated and seller-initiated trades; and said trader workstation being configured to display at least a subset of said order book information relating to said user-selected security adjacent said indicia. - View Dependent Claims (2, 3, 4, 5, 6, 7, 8, 9, 10)
-
-
11. A method for displaying securities market transaction information received from a securities exchange market data system comprising:
-
receiving transaction information and order book information relating to at least one security at a trading device, the transaction information including price and volume of a trade for the at least one security, the order book information including parameters for at least one pending order for the at least one security, including a quantity for the at least one pending order;
identifying a selectable portion of the transaction information and order book information relating to the at least one security via the trading device;displaying for each trade of a user-selected security within a user-selected range of trades represented in the selectable portion of transaction information, an indicium representing said price of such trade via an output device associated with the trading device;
determining via the trading device, whether the trade was seller-initiated or buyer-initiated using the transaction information and the order book information including the quantity of the at least one pending order;
in response to determining whether the trade was seller-initiated or buyer-initiated, distinguishing between buyer-initiated and seller-initiated trades using the displayed indicium via the trading device; and
displaying at least a subset of the order book information relating to the user-selected security adjacent the indicia via the output device. - View Dependent Claims (12, 13, 14, 15, 16, 17)
-
-
18. A computer-readable medium having computer readable code stored thereon for execution by a processor which when executed by the processor causes the processor to perform the steps comprising:
-
receiving transaction information and order book information relating to at least one security, the transaction information including price and volume of at least one trade in said security, the order book information including parameters for at least one pending order for the at least one security; receiving an identifier of a selectable portion of the transaction information and order book information relating to the at least one security; displaying for each trade of a user-selected security within a user-selected range of trades represented in the selectable portion of transaction information an indicium representing the price of such trade; determining whether the trade was seller-initiated or buyer-initiated, using at least both the transaction information and the order book information; controlling appearance of the indicia to distinguish between buyer-initiated and seller-initiated trades according whether the trade was seller-initiated or buyer-initiated; and displaying at least a subset of the order book information relating to the user-selected security adjacent the indicia. - View Dependent Claims (19, 20)
-
Specification