System and method for facilitating trading of multiple tradeable objects in an electronic trading environment
First Claim
1. A trading terminal configured to administer trading of tradeable objects, comprising:
- a display device;
a processor coupled with the display device and configured to execute instructions to determine a combined quantity and to display on the display device a user interaction region having;
a first combined quantity indicator at a location corresponding to a price level along a common axis of static prices, the first combined quantity indicator representing quantity associated with an order to buy a first tradeable object and an order to buy a second tradeable object, where the first tradeable object and the second tradeable objects are different tradeable objects;
a second combined quantity indicator at a location corresponding to a price level along the common axis of static prices, the second combined quantity indicator representing quantity associated with an order to sell the first tradeable object and an order to sell the second tradeable object;
an order entry region having a plurality of locations configured to receive a user command to transmit a trade order, each location corresponding to a price level along the common axis of static prices;
a rules allocator configured to apply at least one of a plurality of quantity allocation rules to allocate an order quantity between a first quantity for the first tradeable object and a second quantity for the second tradeable object; and
an order transmitter configured to substantially simultaneously transmit a first order including the first quantity for the first tradeable object and a second order including the second quantity for the second tradeable object in response to a selection of one of the plurality of locations of the order entry region, the first quantity for the first tradeable object and the second quantity for the second tradeable object being determined according to at least one of the plurality of quantity allocation rules.
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0 Petitions
Accused Products
Abstract
A system and method are provided for trading multiple tradeable objects. One example method includes displaying at least one combined quantity indicator representing a combined quantity associated with at least two tradeable objects, detecting an input associated with an order for a predetermined order quantity in relation to one of the combined quantity indicators, and allocating the order quantity between the at least two tradeable objects using at least one quantity allocation rule. In one example embodiment, a plurality of quantity allocation rules can be user-configurable, and different rules can be defined and applied in relation to different order types.
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Citations
24 Claims
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1. A trading terminal configured to administer trading of tradeable objects, comprising:
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a display device; a processor coupled with the display device and configured to execute instructions to determine a combined quantity and to display on the display device a user interaction region having; a first combined quantity indicator at a location corresponding to a price level along a common axis of static prices, the first combined quantity indicator representing quantity associated with an order to buy a first tradeable object and an order to buy a second tradeable object, where the first tradeable object and the second tradeable objects are different tradeable objects; a second combined quantity indicator at a location corresponding to a price level along the common axis of static prices, the second combined quantity indicator representing quantity associated with an order to sell the first tradeable object and an order to sell the second tradeable object; an order entry region having a plurality of locations configured to receive a user command to transmit a trade order, each location corresponding to a price level along the common axis of static prices; a rules allocator configured to apply at least one of a plurality of quantity allocation rules to allocate an order quantity between a first quantity for the first tradeable object and a second quantity for the second tradeable object; and an order transmitter configured to substantially simultaneously transmit a first order including the first quantity for the first tradeable object and a second order including the second quantity for the second tradeable object in response to a selection of one of the plurality of locations of the order entry region, the first quantity for the first tradeable object and the second quantity for the second tradeable object being determined according to at least one of the plurality of quantity allocation rules. - View Dependent Claims (2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15, 16)
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17. A computer readable medium having code stored thereon executable by a processor, the code comprising:
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a combined quantity display module configured to cause a display associated with the processor to display a combined quantity indicator at a location corresponding to a price level along a common axis of static prices, the combined quantity indicator representing quantity associated with an order for a plurality of tradeable objects, where each of the plurality of tradeable objects are different tradeable objects; an order module configured to cause the display to provide a user order entry region having a plurality of locations to receive a selection of parameters for a trade order, each location corresponding to a price level along the common axis of static prices; a rules allocation module configured to allocate a quantity of a trade order between orders for the plurality of tradeable objects according to a quantity allocation rule; and an order transmitting module configured to substantially simultaneously send orders for the plurality of objects, each order having a quantity determined according to the quantity allocation rule.
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18. A client system for trading of tradeable objects comprising
a display device configured to display: -
combined quantity indicators, each displayed at a location corresponding to a price level along a common static price axis and representing a quantity associated with orders of a plurality of tradeable objects, where each of the plurality of tradeable objects are different tradeable objects; displaying an order entry region having a plurality of locations each configured to receive user instructions for a trade order at a price level according to the location along the common price axis; an order allocator configured to allocate a quantity of a trade order received via the order entry region between the plurality of tradeable objects; an order transmitter configured to substantially simultaneously send a trade order for each of the plurality of tradeable objects, each order having a quantity determined according to the order allocator. - View Dependent Claims (19, 20, 21, 22, 23, 24)
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Specification