Display of selected items in visual context in algorithmic trading engine

• US 7,870,059 B2
• Filed: 04/06/2007
• Issued: 01/11/2011
• Est. Priority Date: 04/28/2006
• Status: Active Grant

• Current Assignee: Portware LLC (FactSet Research Systems Incorporated)
• Original Assignee: Aritas Group, Inc.
• Inventors: Shapiro, Andrew, Dempsey, Ian, Gamse, Brent, Burmeister, Abe, Waelbroeck, Henri
• Primary Examiner(s): Havan; Thu Thao
• Application Number:
  US11/783,252
• Publication Number:
  US 20070271172A1
• Time in Patent Office: 1,376 Days
• Field of Search: 705 37- 38, 705/36.R
• 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 40/03 Credit; Loans; Processing thereof
• CPC Class Codes: G06Q 40/04 Trading; Exchange, e.g. stocks, commodities, derivatives or currency exchange

Abstract

A graphical user interface is used along with an automated algorithm selection function to enable market participants to initiate automated, multi-algorithm trading strategies through a single drag and drop motion. A symbol representing a security can be dragged and dropped onto an icon representing a tactical or strategic algorithm. Other features of the graphical user interface show information such as the progress of the algorithms.

Claims

1. A computer system comprising one or more processors programmed to:

(a) transmit data sufficient to describe a graphical user interface to be displayed to a user, said graphical user interface comprising one or more icons, each of said one or more icons representing a trading algorithm;

(b) receive from said user data describing order execution parameters for an order for trading a security, and data indicating selection of a trading strategy associated with one of said one or more icons; and

(c) transmit data sufficient to enable said graphical user interface to display to said user a circular dial display comprising information regarding execution of said order via said selected trading strategy, relative to a selected benchmark.

2. A computer system as in claim 1, wherein said circular dial display comprising information regarding execution of said order via said selected trading strategy, relative to a selected benchmark, is transformed, in response to input from said user, to a display that describes performance of said security in context with performance of other securities.

3. A computer system as in claim 2, wherein said display that describes performance of said security in context with performance of other securities further displays a National Best Bid and Offer for said security and said other securities.

4. A computer system as in claim 1, wherein said circular dial display comprising said information regarding execution of said order via said selected trading strategy, relative to a selected benchmark, displays a liquidity ratio between a number of shares of said security available to buy and a number of shares of said security available to sell.

5. A computer system as in claim 1, wherein said circular dial display comprising said information regarding execution of said order via said selected trading strategy, relative to a selected benchmark, further provides a graphical representation of a number of shares of said security required to move a market price of said security a specified amount.