System and method for managing financial market data with hidden information

• US 7,937,309 B2
• Filed: 08/06/2010
• Issued: 05/03/2011
• Est. Priority Date: 06/07/2004
• Status: Active Grant

• Current Assignee: CFPH LLC (Cantor Fitzgerald, L.P.)
• Original Assignee: CFPH LLC (Cantor Fitzgerald, L.P.)
• Inventors: Manning, Gregory P., Weinstein, Bernie A., Bandman, Jeffrey M.
• Primary Examiner(s): Akintola; Olabode
• Assistant Examiner(s): TINKLER, MURIEL S
• Application Number:
  US12/851,620
• Publication Number:
  US 20100299632A1
• Time in Patent Office: 270 Days
• Field of Search: 705/26, 705/34, 705/35, 705/39, 705/76, 705/77, 705/79
• US Class Current: 705/35
• CPC Class Codes: G06Q 20/027 involving a payment switch or gateway
• CPC Class Codes: G06Q 20/085 involving remote charge determination or related payment systems
• CPC Class Codes: G06Q 20/10 specially adapted for electronic funds transfer [EFT] systems; specially adapted for home banking systems
• CPC Class Codes: G06Q 20/3821 Electronic credentials
• CPC Class Codes: G06Q 30/04 Billing or invoicing
• CPC Class Codes: G06Q 30/0633 Lists, e.g. purchase orders, compilation or processing
• 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

Abstract

Systems and methods that manage financial market data with hidden information. The systems and methods may receive market data about a plurality of financial instruments. The plurality of financial instruments comprises at least two different kinds of financial instruments. Hidden information is generated, based on the market data. The hidden information is viewable only after scrolling a cursor over a graphical element. The systems and methods also generate, based on the market data, a first graphical element that is embedded with hidden information. The first graphical element is displayed on a display. An indication is received indicating that the cursor has scrolled over the first graphical element. In response to the indication, the hidden information that is embedded in the first graphical element is displayed on the display.

Claims

1. A method comprising:

receiving, from a remote device, market data about a plurality of financial instruments;

generating, via a processor, hidden information, based on the market data, in which the hidden information is viewable after scrolling a cursor over a multi-dimensional object, in which the processor and the remote device are in communication over a network;

generating, via the processor, based on the market data, a plurality of first graphical elements,

wherein each of the plurality of first graphical elements comprises one or more first multi-dimensional objects that are embedded with the hidden information,

wherein the plurality of first graphical elements comprise a first type;

generating, via the processor, based on the market data, a plurality of second graphical elements, in which each one of the plurality of second graphical elements corresponds with one of the plurality of first graphical elements,

wherein each of the plurality of second graphical elements comprises one or more second multi-dimensional objects that are embedded with the hidden information,

wherein the plurality of second graphical elements comprise a second type;

displaying, via the processor, the plurality of first graphical elements that comprise the first multi-dimensional objects, and the plurality of second graphical elements that comprise the second multi-dimensional objects on a single display;

receiving, via the processor, an indication that the cursor has scrolled over at least one of the first multi-dimensional objects or the second multidimensional objects; and

displaying, via the processor, in response to the indication, the hidden information that is embedded in the at least one respective multidimensional object on the single display.

2. The method of claim 1, in which the first type of the plurality of the first graphical elements is a multi-dimensional object that comprises a plurality of steps, in which each step represents a financial instrument.

3. The method of claim 1 further comprising:

receiving, via the processor, a second indication that the cursor has scrolled over at least one of the second multi-dimensional objects; and

displaying, in response to the second indication, the hidden information that is embedded in the at least one of the second multi-dimensional objects on the single display.

4. The method of claim 2, in which the second type of the plurality of the second graphical elements is a multi-dimensional object that comprises a plurality of slabs, in which each slab represents a financial instrument.

5. The method of claim 1, in which the hidden information comprises at least one of:

an instrument type;

a bid price;

a yield; and

a volume.

6. The method of claim 1, in which the act of displaying the hidden information further comprises:

causing a box to appear on the display, in which the box contains the hidden information.

7. The method of claim 1, in which the act of displaying the hidden information further comprises:

causing a pop-up window to appear on the display, in which the pop-window contains the hidden information.

8. The method of claim 1, in which the act of displaying the hidden information further comprises:

causing a scroll bar to appear on the display, in which the scroll bar contains the hidden information.

9. The method of claim 1, in which the act of displaying the hidden information further comprises:

causing an audio file to be downloaded, in which the audio file provides the hidden information in a sound format.

10. The method of claim 1, in which the hidden information appears on the display for a pre-determined period of time.

11. The method of claim 10, in which the hidden information automatically disappears from the display after the pre-determined period of time has expired.

12. The method of claim 1 further comprising:

receiving an indication to re-hide the hidden information;

causing, in response to the indication to re-hide, the hidden information to disappear from the display.

13. An apparatus comprising:

a processor; and

a memory, in which the memory stores instructions which, when executed by the processor, direct the processor to perform the method of claim 1.

14. The apparatus of claim 13, in which the memory further stores instructions which, when executed by the processor, direct the processor to perform the method of claim 2.

15. The apparatus of claim 13, in which the memory further stores instructions which, when executed by the processor, direct the processor to perform the method of claim 3.

16. The apparatus of claim 14, in which the memory further stores instructions which, when executed by the processor, direct the processor to perform the method of claim 4.

17. The apparatus of claim 13, in which the memory further stores instructions which, when executed by the processor, direct the processor to perform the method of claim 5.

18. The apparatus of claim 13, in which the memory further stores instructions which, when executed by the processor, direct the processor to perform the method of claim 6.

19. The apparatus of claim 13, in which the memory further stores instructions which, when executed by the processor, direct the processor to perform the method of claim 7.

20. The apparatus of claim 13, in which the memory further stores instructions which, when executed by the processor, direct the processor to perform the method of claim 8.

21. The apparatus of claim 13, in which the memory further stores instructions which, when executed by the processor, direct the processor to perform the method of claim 9.

22. The apparatus of claim 13, in which the memory further stores instructions which, when executed by the processor, direct the processor to perform the method of claim 10.

23. The apparatus of claim 22, in which the memory further stores instructions which, when executed by the processor, direct the processor to perform the method of claim 11.

24. The apparatus of claim 13, in which the memory further stores instructions which, when executed by the processor, direct the processor to perform the method of claim 12.