Block placing tool for building a user-defined algorithm for electronic trading

• US 8,738,512 B2
• Filed: 09/17/2013
• Issued: 05/27/2014
• Est. Priority Date: 01/26/2011
• Status: Active Grant

• Current Assignee: Trading Technologies International, Inc.
• Original Assignee: Trading Technologies International, Inc.
• Inventors: Lidor, Daniel, Lane, Richard
• Primary Examiner(s): Shrestha, Bijendra K
• Application Number:
  US14/029,464
• Publication Number:
  US 20140081825A1
• Time in Patent Office: 252 Days
• Field of Search: 705/37
• US Class Current: 705/37
• CPC Class Codes: G06F 8/34 Graphical or visual programming
• 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

Certain embodiments provide a block placing tool for building a user-defined algorithm for electronic trading. Certain embodiments provide for receiving by a block placing tool a selection of one or more blocks. Certain embodiments provide for receiving by a block placing tool a mapping definition including a mapping between block types and/or attributes. Certain embodiments provide for placing blocks based on a selection of blocks and a mapping definition.

Claims

1. A non-transitory computer readable medium having stored therein instructions executable by a processor, wherein the instructions are executed to:

receive a selection of blocks, wherein the selection of blocks includes at least one block of a plurality of placed blocks in a design canvas area, wherein the plurality of placed blocks are arranged to specify a definition for a trading algorithm, wherein each block in the selection of blocks has a block type;

receive a mapping definition, wherein the mapping definition includes at least one mapping, wherein each mapping in the mapping definition specifies a relationship between a first type and a corresponding second type, wherein the first type includes a first block type, wherein the second type includes a second block type;

receive a command to activate a block placing tool; and

, in response to receiving the command to activate the block placing tool, for each selected block in the selection of blocks the instructions are executable to;

determine whether the block type of the selected block conforms to a mapping in the mapping definition;

determine a new block type, wherein the new block type is the corresponding block type specified in the mapping when the block type of the selected block conforms to the mapping and the new block type is the block type of the selected block when the block type of the selected block does not conform to a mapping in the mapping definition; and

place a new block of the determined new block type in the design canvas area.

2. The computer readable medium of claim 1, wherein the selection of blocks includes all blocks placed in the design canvas area prior to placing a new block.

3. The computer readable medium of claim 1, wherein the selection of blocks is determined by a user.

4. The computer readable medium of claim 1, wherein the instructions are further executed to automatically determine the selection of blocks.

5. The computer readable medium of claim 1, wherein the mapping definition is pre-defined.

6. The computer readable medium of claim 1, wherein the mapping definition is determined by a user.

7. The computer readable medium of claim 1, wherein the instructions are further executed to automatically determine the mapping definition.

8. The computer readable medium of claim 1, wherein the first type includes a first attribute and the second type includes a second attribute for at least one mapping in the mapping definition.

9. The computer readable medium of claim 1, wherein the mapping definition is received before the selection of blocks is received.

10. The computer readable medium of claim 1, wherein the selection of blocks and the mapping definition are received as part of the command to activate the block placing tool.

11. The computer readable medium of claim 1, wherein the selection of blocks is received before the command to activate the block placing tool is received.

12. The computer readable medium of claim 1, wherein the mapping definition is received as part of the command to activate the block placing tool.