System and method for changing the view of a trading screen

• US 8,219,486 B2
• Filed: 11/17/2011
• Issued: 07/10/2012
• Est. Priority Date: 02/26/2004
• Status: Expired due to Fees

• Current Assignee: Trading Technologies International, Inc.
• Original Assignee: Trading Technologies International, Inc.
• Inventors: Triplett, Mark W.
• Primary Examiner(s): Shrestha, Bijendra K
• Application Number:
  US13/299,222
• Publication Number:
  US 20120066112A1
• Time in Patent Office: 236 Days
• Field of Search: 705/36, 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 repositioning market information comprising:

repositioning, via a computing device, a plurality of axially aligned price levels for a tradeable object in response to receiving a user selection of a price level via the computing device, where the price level is repositioned to a predetermined location.

2. The method of claim 1 where the plurality of axially aligned price levels is determined according to market information for the tradeable object.

3. The method of claim 1 where the plurality of axially aligned price levels comprises a static price axis.

4. The method of claim 1 where the predetermined location comprises any of a predetermined number of price levels from the price level, a substantially center location, and a combination thereof.

5. The method of claim 1 further comprising displaying a best bid indicator and a best ask indicator relative to the plurality of axially aligned price levels.

6. The method of claim 5 where the best bid indicator and the best ask indicator are displayed according to market information.

7. The method of claim 6 where the best bid indicator identifies a best bid value and the best ask indicator identifies a best ask value.

8. The method of claim 1 further comprising receiving a user selection of an order entry region associated with the plurality of axially aligned price levels.

9. The method of claim 8 further comprising initiating submission of a trade order in response to a selection of the order entry region.

10. A non-transitory computer readable medium having computer executable instructions stored thereon, which when executed by a processor cause the processor to carry out acts comprising:

repositioning a plurality of axially aligned price levels for a tradeable object in response to receiving a user selection of a price level, where the price level is repositioned to a predetermined location.

11. The non-transitory computer readable medium of claim 10 where the plurality of axially aligned price levels is determined according to market information for the tradeable object.

12. The non-transitory computer readable medium of claim 10 where the plurality of axially aligned price levels comprises a static price axis.

13. The non-transitory computer readable medium of claim 10 where the predetermined location comprises any of a predetermined number of price levels from the price level, a substantially center location, and a combination thereof.

14. The non-transitory computer readable medium of claim 10 where the acts further comprise displaying a best bid indicator and a best ask indicator relative to the plurality of axially aligned price levels.

15. The non-transitory computer readable medium of claim 14 where the best bid indicator and the best ask indicator are displayed according to market information.

16. The non-transitory computer readable medium of claim 15 where the best bid indicator identifies a best bid value and the best ask indicator identifies a best ask value.

17. The non-transitory computer readable medium of claim 10 where the acts further comprise receiving a user selection of an order entry region associated with the plurality of axially aligned price levels.

18. The non-transitory computer readable medium of claim 17 where the acts further comprise initiating submission of a trade order in response to a selection of the order entry region.

19. A trading device comprising:

an electronic display having an electronic processor configured to reposition a displayed plurality of axially aligned price levels for a tradeable object in response to receiving a user selection of a price level, where the price level is repositioned to a predetermined location.

20. The trading device of claim 19 where each location of the plurality of axially aligned price levels is determined according to market information for the tradeable object.