System and method for displaying risk data in an electronic trading environment

• US 8,046,282 B2
• Filed: 04/27/2010
• Issued: 10/25/2011
• 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): Norman; Samica L
• Application Number:
  US12/768,670
• Publication Number:
  US 20100211525A1
• Time in Patent Office: 546 Days
• Field of Search: 705/35, 705/36.R, 705/37, 707/103.R, 715/804, 715/738
• US Class Current: 705/35
• 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

An example graphical interface and method for displaying risk related data are described. One example graphical interface includes a data structure comprising a plurality of data nodes and at least one risk data point associated with each node, and further comprises a display grid. The display grid includes one or more cells that are used for displaying selected data nodes and risk data points. Each cell may be associated with a single data node, and may include one or more identifiers corresponding to risk data points of the data node. In one example embodiment, the identifiers are aligned along a single axis, and risk related data corresponding to each identifier is aligned with respect to each corresponding identifier.

Claims

1. A system for displaying risk data in an electronic trading environment, the system including:

a client device adapted to display a data space using a tree-based structure comprising a first trader node, a second trader node, a first plurality of tradeable object nodes, and a second plurality of tradeable object nodes, wherein the first plurality of tradeable object nodes are sub-nodes of the first trader node in the tree-based structure, and wherein the second plurality of tradeable object nodes are sub-nodes of the second trader node in the tree-based structure,

wherein the client device is adapted to receive risk data related to each of the trader nodes and to each of the first and second pluralities of tradeable object nodes,

wherein the client device is adapted to display a two dimensional display grid comprising a plurality of display cells, wherein each of the trader nodes and each of the first and second pluralities of tradeable object nodes are mapped to a different display cell, wherein the display cells are arranged by a number of rows and a number of columns, such that there is a row corresponding to each trader node, and such that the display cells corresponding to each of the plurality of tradeable object nodes are in the same row as the display cell of the corresponding trader node, and wherein display cells associated with the first and second trader nodes correspond to an order of the first and second trader nodes in the data space,

wherein the client device is adapted to display the risk data related to each of the trader nodes and to each of the first and second pluralities of tradeable object nodes within a corresponding display cell of the plurality of display cells,

wherein the client device is adapted to receive through the displayed data space a drag-and-drop command to move to a new location within the tree-based structure of the displayed data space, at least one node of;

(a) the first trader node, (b) the second trader node, (c) one or more nodes in the first plurality of tradable object nodes, and (d) one or more nodes in the second plurality of tradable object nodes, wherein the drag-and-drop command includes a user selecting the at least one node displayed in the data space with a user input device, dragging the selected at least one node through the displayed data space using the user input device to the new location, and dropping the dragged at least one node using the user input device at the new location, and

wherein the client device is adapted to update the two dimensional display grid by rearranging the plurality of display cells in response to moving the at least one node to the new location, wherein updating the display grid rearranges the plurality of display cells to correspond to the order of the first and second trader nodes in the data space, and wherein the risk data is automatically updated on the display grid based on the rearrangement of the plurality of display cells.

2. The system of claim 1, wherein the first and second trader nodes are sub-nodes of an account node in the tree-based structure.

3. The system of claim 1, wherein the data space and the display grid are displayed adjacent to each other.

4. The system of claim 1, wherein the risk data comprises profit/loss (P/L) data.

5. The system of claim 4, wherein the P/L data includes at least one of a current P/L value, a high P/L value, and a low P/L value during a predetermined time period.

6. The system of claim 5, wherein the client device is adapted to display adjacent to each display cell, a thermometer display indicating a current P/L value associated with a corresponding node in relation to high and low P/L values for the corresponding node during the predetermined time period.

7. The system of claim 1, wherein the risk data comprises net position data.

8. The system of claim 7, wherein the client device is adapted to determine if there are unhedged positions based on the net position data, and wherein the client device is adapted to display at least one indicator in relation to at least one net position value to indicate at least one unhedged net position.

9. The system of claim 8, wherein the client device is adapted to determine the unhedged positions using at least one spread ratio level applied to the net positions.

10. The system of claim 1, wherein the risk data is received from at least one electronic exchange.