Repositioning of market information on trading screens

• US 8,831,988 B2
• Filed: 08/13/2012
• Issued: 09/09/2014
• Est. Priority Date: 06/30/2003
• Status: Active Grant

• Current Assignee: Trading Technologies International, Inc.
• Original Assignee: Trading Technologies International, Inc.
• Inventors: Buck, Brian J.
• Primary Examiner(s): Ebersman, Bruce I
• Assistant Examiner(s): POE, KEVIN T
• Application Number:
  US13/584,061
• Publication Number:
  US 20120303513A1
• Time in Patent Office: 757 Days
• Field of Search: 705/37, 705/35
• US Class Current: 705/37
• CPC Class Codes: G06F 3/0482 Interaction with lists of selectable items, e.g. menus
• CPC Class Codes: G06F 3/04842 Selection of displayed objects or displayed text elements G06F3/0482 takes precedence
• CPC Class Codes: G06Q 40/00 Finance; Insurance; Tax strategies; Processing of corporate or income taxes
• 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

As market conditions descend or ascend an axis of prices, the display of market information is repositioned, at a pre-determined rate if desired, around an item of interest. An item of interest may include the best bid price, the best ask price, the inside market, a moving average, a last traded price, a theoretical value, the result of an equation, or some other item of interest to the trader. According to the present embodiments, market information may be displayed in a region relative to an axis of prices, and when an event occurs, a repositioning signal is initialized causing the axis to be repositioned such that the item of interest is positioned at a pre-determined location in the region. The price axis can be repositioned at a fixed rate or at a dynamically variable rate.

Claims

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

displaying a display region having an item of interest displayed along a plurality of axially aligned price levels according to a value of the item of interest; and

repositioning the plurality of axially aligned price levels to a second set of axially aligned price levels based on a second change in the value of the item of interest, the plurality of axially aligned price levels being repositioned to the second set subsequent to initiating and prior to completing repositioning of the plurality of axially aligned price levels to a first set of axially aligned price levels in response to a first change in the value of the item of interest, the first set of axially aligned price levels being different than the second set of axially aligned price levels.

2. The non-transitory computer readable medium of claim 1 where subsequent to repositioning the plurality of axially aligned price levels to the second set of axially aligned price levels, the item of interest is displayed relative to a designated location in the display region.

3. The non-transitory computer readable medium of claim 1 where the item of interest represents at least one of a best bid price, a best ask price, a moving average of the inside market, and a last traded price.

4. The non-transitory computer readable medium of claim 1 where the value of the item of interest is determined according to an equation.

5. The non-transitory computer readable medium of claim 1 where the item of interest comprises a user-defined indicator.

6. The non-transitory computer readable medium of claim 1 where repositioning the plurality of axially aligned price levels to the second set of axially aligned price levels comprises centering the item of interest relative to the display region.

7. The non-transitory computer readable medium of claim 1 where repositioning the plurality of price levels to the second set of axially aligned price levels comprises repositioning the plurality of axially aligned price levels at a predetermined rate.

8. The non-transitory computer readable medium of claim 7 where the predetermined rate comprises speeds between substantially 50 pixels per second and substantially 200 pixels per second.

9. The non-transitory computer readable medium of claim 7 where the predetermined rate comprises any of a fixed rate and a variable rate.

10. The non-transitory computer readable medium of claim 7 where the predetermined rate changes based on at least one of the item of interest being repositioned, and a location of the item of interest.

11. The non-transitory computer readable medium of claim 1, where the acts further comprise:

displaying an order entry region having a plurality of order entry locations, where each order entry location of the plurality of order entry locations corresponds to at least one of the plurality of axially aligned price levels;

receiving a user command via at least one order entry location; and

initiating placement of a trade order responsive to receiving the user command, where the trade order comprises an order price determined according to a price level corresponding to the at least one order entry location.

12. The non-transitory computer readable medium of claim 11 where the user command comprises selecting the at least one order entry location via a single action of a user input device.

13. The non-transitory computer readable medium of claim 12 where the single action comprises any of a single click of the user input device and a double click of the user input device.

14. The non-transitory computer readable medium of claim 11 where the acts further comprise setting a plurality of order parameters in response to receiving the user command.

15. A method for repositioning market information comprising:

displaying, via a computing device, a display region having an item of interest displayed along a plurality of axially aligned price levels according to a value of the item of interest; and

repositioning, via a computing device, the plurality of axially aligned price levels to a second set of axially aligned price levels based on a second change in the value of the item of interest, the plurality of axially aligned price levels being repositioned to the second set subsequent to initiating and prior to completing repositioning of the plurality of axially aligned price levels to a first set of axially aligned price levels in response to a first change in the value of the item of interest, the first set of axially aligned price levels being different than the second set of axially aligned price levels.

16. The method of claim 15 where subsequent to repositioning the plurality of axially aligned price levels to the second set of axially aligned price levels, the item of interest is displayed relative to a designated location in the display region.

17. The method of claim 15 where the item of interest represents at least one of a best bid price, a best ask price, a moving average of the inside market, and a last traded price.

18. The method of claim 15 where the value of the item of interest is determined according to an equation.

19. The method of claim 15 where the item of interest comprises a user-defined indicator.

20. The method of claim 15 where repositioning the plurality of axially aligned price levels to the second set of axially aligned price levels comprises centering the item of interest relative to the display region.

21. The method of claim 15 where repositioning the plurality of price levels to the second set of axially aligned price levels comprises repositioning the plurality of axially aligned price levels at a predetermined rate.

22. The method of claim 21 where the predetermined rate comprises speeds between substantially 50 pixels per second and substantially 200 pixels per second.

23. The method of claim 21 where the predetermined rate comprises any of a fixed rate and a variable rate.

24. The method of claim 21 where the predetermined rate changes based on at least one of the item of interest being repositioned, and a location of the item of interest.

25. The method of claim 15, further comprising:

displaying an order entry region having a plurality of order entry locations, where each order entry location of the plurality of order entry location corresponds to at least one of the plurality of axially aligned price levels;

receiving a user command via at least one order entry location; and

initiating placement of a trade order responsive to receiving the user command, where the trade order comprises an order price determined according to a price level corresponding to the at least one order entry location.

26. The method of claim 25 where the user command comprises selecting the at least one order entry location via a single action of a user input device.

27. The method of claim 26 where the single action comprises any of a single click of the user input device and a double click of the user input device.

28. The method of claim 25 further comprising setting a plurality of order parameters in response to receiving the user command.