System and method for changing the view of a trading screen

• US 7,917,428 B2
• Filed: 03/01/2010
• Issued: 03/29/2011
• Est. Priority Date: 02/26/2004
• Status: Active Grant

• Current Assignee: Trading Technologies International, Inc.
• Original Assignee: Trading Technologies International, Inc.
• Inventors: Triplett, Mark W.
• Primary Examiner(s): Kazimi; Hani
• Assistant Examiner(s): Shrestha; Bijendra K
• Application Number:
  US12/714,643
• Publication Number:
  US 20100153257A1
• Time in Patent Office: 393 Days
• Field of Search: 705/37
• US Class Current: 705/37
• CPC Class Codes: G06Q 30/02 Marketing; Price estimation or determination; Fundraising
• CPC Class Codes: G06Q 30/06 Buying, selling or leasing transactions
• 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

Abstract

A trading screen displays market information, such as working orders, buy and sell orders, and other items of interest, in association with values on a value axis. Each item of interest is therefore displayed in relation to the value axis to provide a trader with an intuitive display of the market. In one embodiment, a user can select a location associated with a particular value on the trading screen and upon an selection, for example, by a click of the mouse button, the value axis is repositioned so that the selected value is moved to a predefined location. During which, market information is moved to new locations that are associated with their respective values on the value axis.

Claims

1. A method for construing market information comprising:

displaying a value axis via a display associated with a computing device according to substantially real-time market information for a tradable object;

receiving a user command identifying and selecting one of a plurality of locations of the value axis via a user input device associated with the computing device; and

recentering the value axis to a new plurality of values via the computing device, where the one of the plurality of locations is substantially centered with respect to the display.

2. The method of claim 1 where the value axis comprises a static price axis.

3. The method of claim 1 further comprising displaying a best bid indicator identifying a best bid value relative to the value axis according to the market information and a best ask indicator identifying a best ask value relative to the value axis according the market information.

4. The method of claim 1 where the market information identifies a plurality of orders for the tradable object pending execution at an electronic exchange.

5. The method of claim 4 further comprising displaying a plurality of indicators associated with the plurality of orders, where each of the plurality of indicators is displayed relative to the value axis according to at least one of the associated plurality of orders.

6. The method of claim 1 where the one of the plurality of locations comprises a location of the value axis associated with an inside market for the tradable object.

7. The method of claim 1 further comprising displaying a plurality of order entry locations for receiving commands to submit an order relative to the value axis.

8. The method of claim 7 further comprising causing a trade order for the tradable object to be submitted in response to receiving a selection of one of the plurality of order entry regions.

9. A method of construing market information for a tradable object comprising:

displaying a plurality of values along an axis via a computing device;

displaying a plurality of indicators relative to the plurality of values via the computing device, where each indicator of the plurality of indicators is associated with an order for a tradable object pending execution at an electronic exchange, and where each indicator of the plurality of indicators is displayed relative to an associated value of the plurality of values according to a value of the order associated with the indicator; and

displaying a new plurality of values via the computing device where a selected and identified location of the axis is repositioned to a predetermined location according to a command selecting and identifying the location.

10. The method of claim 9 where the predetermined location comprises a substantially vertically centered location relative to the new plurality of values.

11. The method of claim 10 where the selected and identified location comprises a location for an item of interest.

12. The method of claim 11 where the item of interest comprises an inside market for the tradable object.

13. The method of claim 10 where the value axis comprises a static value axis.

14. A computer readable medium having computer executable instructions stored thereon, which when executed by a processor cause the processor to carry out steps comprising:

displaying a plurality of values along an axis;

displaying a plurality of indicators relative to the plurality of values, where each indicator of the plurality of indicators is associated with an order for a tradable object pending execution at an electronic exchange, and where each indicator of the plurality of indicators is displayed relative to an associated value of the plurality of values according to a value of the order associated with the indicator; and

displaying a new plurality of values where a selected and identified location of the axis is repositioned to a predetermined location according to a command selecting and identifying the location.

15. A method for viewing market information for a tradable object comprising:

displaying a view of a value axis via a computing device, where the value axis includes a plurality of locations corresponding to a value for a tradable object according to open orders for the tradable object; and

displaying a new view of the value axis via the computing device according to a command selecting an identified location of the plurality of locations, where the identified location is moved to a predetermined location.

16. The method of claim 15 where the view and the new view include the identified location.

17. The method of claim 15 further comprising displaying at least one indicator along the value axis corresponding to at least one open order for the tradable object.

18. The method of claim 17 further comprising moving the at least one indicator according to the command to a new location.

19. The method of claim 15 where the value axis comprises a static value axis.

20. The method of claim 19 where the value for the tradeable object comprise a price for the tradable object.

21. The method of claim 15 where displaying a new view of the value axis comprises changing the view of the value axis such that an item of interest is displayed relative to a location approximately vertically centered with respect to the plurality of values on the value axis.

22. The method of claim 21 where the item of interest comprises an inside market of the tradable object.

23. The method of claim 21 further comprising causing an order for the tradable object to be submitted according to a selection of a particular location of an order entry region aligned with the value axis.