System and method for risk grid display in an electronic trading environment

• US 7,752,118 B1
• Filed: 10/07/2003
• Issued: 07/06/2010
• Est. Priority Date: 10/07/2003
• Status: Active Grant

• Current Assignee: Trading Technologies International, Inc.
• Original Assignee: Trading Technologies International, Inc.
• Inventors: West, Robert A., Burns, Michael J.
• Primary Examiner(s): Kazimi; Hani
• Assistant Examiner(s): Shrestha; Bijendra K
• Application Number:
  US10/680,455
• Time in Patent Office: 2,464 Days
• Field of Search: 705/36, 705/37
• US Class Current: 705/37
• CPC Class Codes: G06Q 40/00 Finance; Insurance; Tax strategies; Processing of corporate or income taxes
• 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 40/08 Insurance

Abstract

A system and method for displaying and controlling risk related information in an electronic trading environment are described. One method includes creating a display interface including a data structure and a display grid. The data structure may be a tree-based data structure with a plurality of data nodes associated with trader-related risk information, where the data in the data nodes is automatically updated based on fill information being received from at least one electronic exchange. Also, the data structure includes the ability to select, manipulate, and group the data nodes based on user preferences. The method further includes selecting data nodes to be mapped to the at least one data grid, and displaying trader-related risk information corresponding to the selected data nodes on the at least one data grid.

Claims

1. A method for displaying and controlling risk related information in an electronic trading environment, the method comprising:

creating by a computer device a display interface comprising a nodal display and at least one display grid, wherein the nodal display comprises a plurality of data nodes associated with trader-related risk information being automatically updated based on fill information being received from at least one electronic exchange, and wherein the nodal display includes the ability to select and manipulate data nodes to different locations in the nodal display;

selecting by the computer device data nodes in the nodal display to be mapped to the at least one display grid;

displaying by the computer device trader-related risk information associated with the selected data nodes on the at least one display grid, wherein the trader-related risk information is displayed on the at least one display grid according to an arrangement of the data nodes in the nodal display;

receiving by the computer device a user input that selects a first data node from a first location in the nodal display and moves the first data node to a second location in the nodal display, wherein the nodal display comprises a new arrangement of data nodes; and

responsive to said user input, updating by the computer device the at least one display grid so that the trader-related risk information is displayed on the at least one display grid according to the new arrangement of data nodes in the nodal display.

3. The method of claim 1, wherein the nodal display is arranged in a tree-based nodal display.

4. The method of claim 3, wherein the data nodes in the tree-based nodal display are arranged such that each higher ranked node is a sum of lower ranked sub-nodes.

5. The method of claim 4, wherein the data nodes are grouped based on accounts being used by each trader such that each higher ranked node is a sum of a plurality of account sub-nodes corresponding to accounts of a plurality of traders.

6. The method of claim 5, wherein each of the plurality of account sub-nodes is associated with at least one sub-node corresponding to a tradeable object being traded under each respective account.

7. The method of claim 4, wherein the data nodes are grouped based on an electronic exchange at which tradeable objects are being traded such that the higher ranked node is a sum of a plurality of tradeable object sub-nodes associated with at least one tradeable object being traded at a predetermined electronic exchange.

8. The method of claim 4, wherein the data nodes are grouped based on a currency in which tradeable objects are being traded such that the higher ranked node is a sum of a plurality of tradeable object sub-nodes associated with at least one tradeable object being traded in a predetermined currency.

9. The method of claim 1, wherein the selected data nodes are displayed on the at least one display grid based on a user-selectable display pattern.

10. The method of claim 1, wherein the at least one display grid comprises at least one two-dimensional grid.

11. The method of claim 10, wherein the at least one data grid comprises a plurality of cells arranged in a plurality of rows and columns.

12. The method of claim 11, further comprising:

displaying data corresponding to higher ranked nodes in a plurality of cells corresponding to a selected column; and

displaying data corresponding to lower ranked node corresponding to each higher ranked node in respective rows corresponding to each higher ranked node.

13. The method of claim 11, further comprising:

changing an appearance of a cell upon detecting a triggering condition.

14. The method of claim 13, wherein the triggering condition is associated with data being displayed in the cell.

15. The method of claim 1, wherein the trader-related risk information comprises profit and loss (P/L) related information.

16. The method of claim 15, wherein the P/L related information is selected from a group consisting of a current P/L value, a high P/L value, and a low P/L value during a predetermined time period.

17. The method of claim 1, wherein the trader-related risk information comprises a net position.

2. A computer readable medium having stored therein instructions that, when executed by a computer device, cause the computer device to perform a method for displaying and controlling risk related information in an electronic trading environment, the method comprising:

creating a display interface comprising a nodal display and at least one display grid, wherein the nodal display comprises a plurality of data nodes associated with trader-related risk information being automatically updated based on fill information being received from at least one electronic exchange, and wherein the nodal display includes the ability to select and manipulate data nodes to different locations in the nodal display;

selecting data nodes in the nodal display to be mapped to the at least one display grid;

displaying trader-related risk information associated with the selected data nodes on the at least one display grid, wherein the trader-related risk information is displayed on the at least one display grid according to an arrangement of the data nodes in the nodal display;

receiving a user input that selects a first data node from a first location in the nodal display and moves the first data node to a second location in the nodal display, wherein the nodal display comprises a new arrangement of data nodes; and

responsive to said user input, updating the at least one display grid so that the trader-related risk information is displayed on the at least one display grid according to the new arrangement of data nodes in the nodal display.