System and method for a trading interface incorporating a chart

• US 9,361,649 B2
• Filed: 10/10/2013
• Issued: 06/07/2016
• Est. Priority Date: 12/29/2005
• Status: Active Grant

• Current Assignee: Trading Technologies International, Inc.
• Original Assignee: Trading Technologies International, Inc.
• Inventors: Singer, Scott F., Burns, Michael J., Decker, Stephen P.
• Primary Examiner(s): Hamilton, Lalita M
• Application Number:
  US14/050,873
• Publication Number:
  US 20140249980A1
• Time in Patent Office: 971 Days
• Field of Search: 705/35, 705/36.R, 705/37
• US Class Current: 1/1
• CPC Class Codes: G06F 3/0484 for the control of specific functions or operations, e.g. selecting or manipulating an object, an image or a displayed text element, setting a parameter value or selecting a range
• CPC Class Codes: G06Q 30/0201 Market modelling; Market analysis; Collecting market data
• 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

A graphical interface and method are provided for displaying market information corresponding to a tradeable object. One graphical interface includes a chart region for displaying historical market data in relation to a first value axis, and a market grid region in alignment with the chart region. The market grid region comprises a plurality of areas for receiving commands from a user input device to send trade orders, and the areas are displayed in relation to a second value axis. A plurality of values displayed along the second value axis is a subset of values displayed in relation to the first value axis, and can be modified to a new plurality of values that corresponds to a new subset of values on the first value axis.

Claims

1. An electronic computer device for electronically trading a tradeable object, the computing device comprising:

an electronic processor;

an output display coupled with the electronic processor and configured to display a graphical interface having;

a chart region aligned with a market grid region, the chart region having a first value axis with a first plurality of values and a time axis substantially orthogonal to the first value axis, the market grid region having a second plurality of values along a second value axis;

a trading strategy region in alignment with the market grid region, the trading strategy region including at least one column for information related to a trading strategy, where the at least one column includes a plurality of value levels, where each value level of the plurality of value levels corresponds to at least one value of the second plurality of values along the second value axis, and where the at least one column is configured for establishing a trading strategy; and

a user input device coupled with the electronic processor and the output display and configured to receive a first user command to position a plurality of trading strategy icons in the trading strategy region relative to the plurality of value levels, where each trading strategy icon of the plurality of trading strategy icons corresponds to an associated order of the trading strategy, and where in response to receiving the user command, a new column in the trading strategy region is activated and at least one order of the trading strategy is submitted to an electronic exchange for trading a tradeable object associated with the at least one order.

2. The electronic computer device of claim 1 where the trading strategy region comprises a plurality of columns, where a first column of the plurality of columns is configured to display information for a pending trading strategy.

3. The electronic computer device of claim 2 where the first column is configured to display information for a single multi-order trading strategy.

4. The electronic computer device of claim 2 where the first column comprises a plurality of sub-columns.

5. The electronic computer device of claim 4 where a first sub-column is configured for buy orders and a second sub-column is configured for sell orders.

6. The electronic computer device of claim 4 where the plurality of sub-columns comprises at least one order icon displayed at a location relative to the market grid region.

7. The electronic computer device of claim 6 where the at least one order icon represents an order type.

8. The electronic computer device of claim 6 where the location represents a price for the order type.

9. The electronic computer device of claim 6 where the user input device is further configured to receive a second user command to move the at least one order icon to a new location relative to the market grid region to change the price.

10. The electronic computer device of claim 2 where a second column is configured to establish a new trading strategy in response to detecting at least one icon moved relative to the second column via a user command.

11. The electronic computer device of claim 10 where the trading strategy region comprises a third column of the plurality of columns established in the trading strategy region in response to establishing the new trading strategy.

12. The electronic computer device of claim 1 where a new trading strategy is established in response to detecting at least one icon moved relative to the chart region.

13. The electronic computer device of claim 12 where a third column is established in the trading strategy region in response to establishing the new trading strategy.

14. The electronic computer device of claim 13 where the output display is further configured to display a working order indicator in the chart region relative to the first value axis, where the working order indicator represents the new trading strategy.