Electronic pitcard for wireless financial exchange

• US 8,046,289 B2
• Filed: 05/26/2004
• Issued: 10/25/2011
• Est. Priority Date: 01/29/2004
• Status: Active Grant

• Current Assignee: New York Mercantile Exchange Incorporated (CME Group Incorporated)
• Original Assignee: New York Mercantile Exchange Incorporated (CME Group Incorporated)
• Inventors: Gaer, Samuel
• Primary Examiner(s): Patel; Jagdish
• Assistant Examiner(s): CHANDLER, SARA M
• Application Number:
  US10/855,859
• Publication Number:
  US 20050171893A1
• Time in Patent Office: 2,708 Days
• Field of Search: 705/35, 705/37, 705/26, 705/36.R
• US Class Current: 705/37
• CPC Class Codes: G06Q 30/00 Commerce
• CPC Class Codes: G06Q 30/0601 Electronic shopping [e-shopping]
• 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 method for facilitating trading in a financial exchange including generating a pitcard interface on a wireless handheld computer. The pitcard interface includes a plurality of information display windows; a plurality of user input controls; and a view-specific data window, wherein the selection, order and arrangement of data in the view-specific data window is dependent upon the view currently selected by the user. In particular examples the wireless handheld computer allows a user to customize the particular interface components with shortcuts, hints, and/or auto-fill capabilities that enable the user to enter transaction information quickly and efficiently. Because these customizations are selected for a specific user, they support the needs of the specific user and are more efficient than direct entry of all transaction information using keyboard/keypad entry devices.

Claims

1. A commodity trade entry computer device comprising:

a touchscreen display;

a memory storing computer-executable instructions; and

a processor in operative communication with the memory, wherein upon execution of the instructions by the processor, the processor is configured to cause the computing device to;

(a) determine a current delivery month of a commodity and a month code for the current delivery month; and

(b) generate a graphical user interface on the touchscreen display that includes a rolling calendar input configured to dynamically display the month code for the current delivery month in the left most portion of the touch screen display and month codes in sequential order for a plurality of subsequent delivery months of the commodity to the right of the month code for the current delivery month, each of the month codes being a shorthand identifier for a particular month.

2. The commodity trade entry computer device of claim 1, wherein the computer device comprises a handheld device.

3. The commodity trade entry computer device of claim 1, wherein the computer device comprises a wireless device.

4. The commodity trade entry computer device of claim 1, wherein the memory comprises a random access memory.

5. The commodity trade entry computer device of claim 1, wherein the graphical user interface comprises a pitcard interface.

6. The commodity trade entry computer device of claim 1, wherein the processor, upon execution of the instructions, causes the computer device to transmit an HTTP request to a uniform resource identifier (URI) associated with a trade system, the HTTP request including parameters representing entry data.

7. The commodity trade entry computer device of claim 1, wherein the processor, upon execution of the instructions, causes the computer device to transmit an electronic pitcard containing an opposing trader, a commodity, a quantity of a commodity, and a delivery month for a particular commodity trade.

8. The commodity trade entry computer device of claim 1, wherein the graphical user interface comprises a commodity code selector control.

9. The commodity trade entry computer device of claim 1, wherein the processor, upon execution of the instructions, causes the computer device to activate a user input control in response to tapping on an opposing trader identification display window.

10. The commodity trade entry computer device of claim 1, wherein the graphical user interface provides a listing of broker identifiers.

11. The commodity trade entry computer device of claim 10, wherein the listing of broker identifiers is ordered based on an order of occurrence of recent transactions.

12. The commodity trade entry computer device of claim 10, wherein the listing of broker identifiers is ordered based on frequency of use.

13. The commodity trade entry computer device of claim 1, wherein the processor, upon execution of the instructions, causes the computing device to:

identify a change in the current delivery month, and

in response to identifying the change, update the graphical user interface by moving the month codes for each of the plurality of subsequent delivery months to the left, and moving the month code for the current delivery month to the right of the month codes for the subsequent delivery months.

14. A computer implemented method comprising:

determining, by a processor, a current delivery month of a commodity and a month code for the current delivery month; and

generating, by the processor, a graphical user interface on a display configured to dynamically display the month code for the current delivery month in the left most portion of the display and month codes in sequential order for a plurality of subsequent delivery months of the commodity to the right of the month code for the current delivery month, each of the month codes being a shorthand identifier for a particular month.

15. The method of claim 14, further comprising transmitting an HTTP request to a trade system, the HTTP request including parameters representing entry data.

16. The method of claim 14, further comprising:

identifying a change in the current delivery month; and

updating the graphical user interface by moving the month codes for each of the plurality of subsequent delivery months to the left, and moving the month code for the current delivery month to the right of the month codes for the subsequent delivery months.

17. An apparatus comprising:

a display screen;

a memory storing computer-executable instructions; and

a processor in operative communication with the memory, wherein upon execution of the instructions by the processor, the processor is configured to cause the apparatus to at least;

(a) determine a current delivery month of a commodity and a month code for the current delivery month; and

(b) generate a graphical user interface on the display screen configured to dynamically display the month code for the current delivery month in the left most portion of the display screen and month codes in sequential order for a plurality of subsequent delivery months of the commodity to the right of the month code for the current delivery month, each of the month codes being a shorthand identifier for a particular month.

18. The apparatus of claim 17, wherein the processor, upon execution of the instructions, causes the apparatus to transmit an HTTP request to a trade system, the HTTP request including parameters representing entry data.

19. The apparatus of claim 17, wherein the processor, upon execution of the instructions, causes the apparatus to:

identify a change in the current delivery month, and

update the graphical user interface by moving the month codes for each of the plurality of subsequent delivery months to the left, and moving the month code for the current delivery month to the right of the month codes for the subsequent delivery months.

20. The apparatus of claim 17, wherein the graphical user interface provides a listing of broker identifiers that are ordered based on one of an order of occurrence of recent transactions and frequency of use.