Graphical order entry user interface for trading system

• US 9,875,507 B2
• Filed: 02/15/2013
• Issued: 01/23/2018
• Est. Priority Date: 11/27/2002
• Status: Expired due to Term

• Current Assignee: Chart Trading Development, LLC (BGC Group, Inc.)
• Original Assignee: Chart Trading Development, LLC (BGC Group, Inc.)
• Inventors: Heaton, Timothy H.
• Primary Examiner(s): Poinvil, Frantzy
• Application Number:
  US13/768,466
• Publication Number:
  US 20140006245A1
• Time in Patent Office: 1,803 Days
• Field of Search: 705 3- 44
• CPC Class Codes: G06Q 40/04 Trading; Exchange, e.g. stocks, commodities, derivatives or currency exchange

Abstract

On a display terminal of an electronic trading system, a graph is displayed having a first axis and a second axis, wherein the graph includes a curve corresponding to a range of values of a financial instrument. A user is allowed to select a portion of the graph. In response to the user selection of the portion of the graph, a trading dialog box is displayed on the display of the workstation, the dialog box being automatically populated with values for trading, the values based on the values of the selected portion of the graph.

Claims

1. A computer-implemented method for providing an interactive graphical representation of a market, the method comprising:

generating, by at least one processor, a multidimensional graph on a display device, the graph having at least one selectable portion;

generating, by the at least one processor, a curve corresponding to a range of values of a financial instrument on the display device;

detecting, by the at least one processor, an input on a selectable portion of the graph; and

in response to the input, generating, by the at least one processor, a trading dialog box on the display device and pre-filling at least one field in the trading dialog box with information corresponding to the selectable portion of the graph.

2. The method of claim 1, wherein a first axis of the graph corresponds to a maturity date.

3. The method of claim 1, wherein a second axis of the graph corresponds to a yield.

4. The method of claim 1, wherein the curve is a fair value curve.

5. The method of claim 1, wherein the information corresponding to the selectable portion of the graph comprises price and size information.

6. An apparatus for providing an interactive graphical representation of a market, the apparatus comprising:

a display device;

at least one processor to;

generate a multidimensional graph on the display device, the graph having at least one selectable portion;

generate a curve corresponding to a range of values of a financial instrument on the display device;

detect an input on a selectable portion of the graph; and

in response to the input, generate a trading dialog box on the display device and pre-fill at least one field in the trading dialog box with information corresponding to the selectable portion of the graph.

7. The apparatus of claim 6, wherein a first axis of the graph corresponds to a maturity date.

8. The apparatus of claim 6, wherein a second axis of the graph corresponds to a yield.

9. The apparatus of claim 6, wherein the curve is a fair value curve.

10. The apparatus of claim 6, wherein at least one portion of the curve is selectable.

11. The apparatus of claim 6, wherein the information corresponding to the selectable portion of the graph comprises price and size information.

12. A computer-implemented method for providing an interactive graphical representation of a market, the method comprising:

generating, by at least one processor, a graph having a first axis and a second axis on a display of a workstation, wherein the graph includes at least one selectable portion;

generating, by the at least one processor, a plurality of first symbols, wherein each first symbol corresponds to a bid for a particular financial instrument;

generating, by the at least one processor, a plurality of second symbols, wherein each second symbol corresponds to an offer for a particular financial instrument;

detecting, by the at least one processor, an input on a selectable portion of the graph; and

in response to the input, generating, by the at least one processor, a trading dialog box on the display of the workstation.

13. The method of claim 12, wherein the first axis of the graph corresponds to a maturity date and the second axis of the graph corresponds to a yield.

14. The method of claim 12, wherein the graph includes a fair value curve.

15. The method of claim 12, wherein each first symbol is selectable.

16. The method of claim 15, wherein generating the trading dialog box in response to the input further comprises pre-filling, by the at least one processor, the trading dialog box with order information corresponding to a given first symbol, in response to detecting the input on the given first symbol.

17. The method of claim 15, wherein each second symbol is selectable.

18. The method of claim 17, wherein detecting the input on the selectable portion of the graph further comprises detecting, by the at least one processor, a selection of a given first symbol and a given second symbol.

19. The method of claim 12, wherein generating the trading dialog box in response to the input further comprises pre-filling, by the at least one processor, at least one field in the trading dialog box with information corresponding to the selectable portion of the graph.

20. A computer-implemented method comprising:

receiving from an electronic trading system, by at least one processor, market data related to a financial instrument;

generating, by at least one processor, a graph on a display of a workstation, the graph including a first axis, a second axis, and a representation of values of the financial instrument received as part of the market data;

detecting, by at least one processor, an input on a portion of the graph; and

based at least in part on detecting the input on the portion of the graph, generating, by at least one processor, a trading dialog box on the display of the workstation, and at least partially populating, by at least one processor, the trading dialog box with financial instrument information corresponding to the portion of the graph.

21. The method of claim 20, wherein the trading dialog box includes a selectable trading command for the financial instrument;

the method further comprising;

detecting, by at least one processor, a selection of the trading command; and

in response to detecting the selection of the trading command, submitting, by at least one processor, the trading command to the electronic trading system.

22. The method of claim 21, wherein the trading command is at least one of placing a bid, placing an offer, hitting a bid, lifting an offer, submitting a buy command, and submitting a sell command.

23. The method of claim 20, wherein the financial instrument information includes a value of the financial instrument.

24. The method of claim 23, wherein the value of the financial instrument included in the financial instrument information corresponds to the portion of the graph.

25. The method of claim 20, further comprising generating, by at least one processor, the market data as a curve on the graph.