User interface for an electronic trading system
First Claim
1. A method for administering a trade for an item, the method comprising:
- receiving, via a user input device for a computing device, a first selection according to manipulation of a cursor of a display device relative to a first selectable location of at least one periodic graduation of a plurality of periodic graduations of value for an item;
displaying, via a display device for the computing device, a plurality of pending order indicators along the plurality of periodic graduations of value, each pending order indicator of the plurality of pending order indicators being associated with at least one order pending execution at an electronic exchange; and
initiating submission, via the computing device, of a first order for execution of a predetermined quantity of the item at a first price associated with the first selectable location.
3 Assignments
0 Petitions
Accused Products
Abstract
A user interface for an electronic trading exchange is provided which allows a remote trader to view in real time bid orders, offer orders, and trades for an item, and optionally one or more sources of contextual data. Individual traders place orders on remote client terminals, and this information is routed to a transaction server. The transaction server receives order information from the remote terminals, matches a bid for an item to an offer for an item responsive to the bid corresponding with the offer, and communicates outstanding bid and offer information, and additional information (such as trades and contextual data) back to the client terminals. Each client terminal displays all of the outstanding bids and offers for an item, allowing the trader to view trends in orders for an item. A priority view is provided in which orders are displayed as tokens at locations corresponding to the values of the orders. The size of the tokens reflects the quantity of the orders. An alternate view positions order icons at a location which reflects the value and quantity of the order. Additionally, contextual data for the item is also displayed to allow the trader to consider as much information as possible while making transaction decisions. A pit panel view is also provided in which traders connected to the pit are represented by icons, and are displayed corresponding to an activity level of the trader.
149 Citations
26 Claims
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1. A method for administering a trade for an item, the method comprising:
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receiving, via a user input device for a computing device, a first selection according to manipulation of a cursor of a display device relative to a first selectable location of at least one periodic graduation of a plurality of periodic graduations of value for an item; displaying, via a display device for the computing device, a plurality of pending order indicators along the plurality of periodic graduations of value, each pending order indicator of the plurality of pending order indicators being associated with at least one order pending execution at an electronic exchange; and initiating submission, via the computing device, of a first order for execution of a predetermined quantity of the item at a first price associated with the first selectable location. - View Dependent Claims (2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15, 16, 17, 18, 19, 20, 21, 22, 23, 24, 25, 26)
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Specification