System and method for price-based annotations in an electronic trading environment

• US 8,600,868 B2
• Filed: 01/16/2013
• Issued: 12/03/2013
• Est. Priority Date: 09/30/2002
• Status: Active Grant

• Current Assignee: Trading Technologies International, Inc.
• Original Assignee: Trading Technologies International, Inc.
• Inventors: Highland, Ryan J., West, Robert A., Ziemkiewicz, Peter F.
• Primary Examiner(s): KANERVO, VIRPI H
• Application Number:
  US13/742,611
• Publication Number:
  US 20130151392A1
• Time in Patent Office: 321 Days
• Field of Search: None
• US Class Current: 705/37
• CPC Class Codes: G06Q 10/04 Forecasting or optimisation specially adapted for administrative or management purposes, e.g. linear programming or "cutting stock problem" market predictions or forecasting for commercial activities G06Q30/0202
• 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 system and method for generating and displaying annotations in relation to one or more prices corresponding to trader-related or market related events are described. In one embodiment, a trader may enter an annotation to be displayed in relation to one or more price levels. Alternatively, a trader may configure a dynamic annotation to be dynamically displayed in relation to some price level(s) upon detecting a predetermined event related to one or more tradeable objects. Also, a trader may configure one or more alarms to be displayed or played in combination with the annotations.

Claims

1. A system including:

a computing device,

wherein the computing device is configured to receive a definition for an annotation, wherein the definition for the annotation includes an annotation price level and annotation information, wherein the definition for the annotation is specified by a user, wherein the annotation price level includes at least one price level;

wherein the computing device is configured to process the definition for the annotation to determine that at least one of the price levels of the annotation price level is within a plurality of displayed price levels of a price axis; and

wherein the computing device is configured to display the annotation information along the price axis at the at least one of the price levels of the annotation price level determined to be within the plurality of price levels of the price axis.

2. The system of claim 1, wherein the definition for the annotation includes an event associated with a tradeable object.

3. The system of claim 2, wherein the event includes a market event.

4. The system of claim 3, wherein the market event is associated with historical data.

5. The system of claim 2,

wherein the computing device is configured to detect an occurrence of the event at an event price level;

and

wherein the computing device is configured to dynamically update the display of the annotation information to display the annotation information along the price axis at the event price level.

6. The system of claim 2,

wherein the computing device is configured to detect an occurrence of the event at an event price level;

and

wherein the computing device is configured to display the annotation information along the price axis also at the event price level.

7. The system of claim 1, wherein the annotation information includes a graphical indicator.

8. The system of claim 7, wherein the graphical indicator includes a text message corresponding to an event.

9. The system of claim 1, wherein the annotation price level is determined based on a second tradeable object.

10. The system of claim 1,

wherein the computing device is configured to display a working order indicator, wherein the working order indicator corresponds to an order placed by the user at an order price level, wherein the working order indicator is displayed along the price axis at the order price level.

11. The system of claim 1,

wherein the computing device is configured to display a consolidated price interface, wherein the consolidated price interface represents a second plurality of price levels, wherein the second plurality of price levels is not within the plurality of price levels of the price axis, wherein a second annotation price level for a second annotation is within the second plurality of price levels;

and

wherein the computing device is configured to display second annotation information along the consolidated price interface at a location corresponding to the second annotation price level.