# US 10,121,195 B2 · Trade action confirmation tool

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- Number: US 10,121,195 B2
- Document ID: US10121195B2
- Status: Granted
- Kind: B2
- Application number: 13/368,117
- Filed: 2012-02-07
- Published: 2013-08-08
- Granted: 2018-11-06
- Earliest claimed: 2012-02-07
- Assignees: Trading Technologies International, Inc.
- Applicants: Stephen P. Decker; Brien D. Grey
- Inventors: Stephen P. Decker; Brien D. Grey
- Web page: https://patentgrep.com/patent/US10121195B2

## CPC

- G06Q 40/04: Trading; Exchange, e.g. stocks, commodities, derivatives or currency exchange
- G06Q 40/00: Finance; Insurance; Tax strategies; Processing of corporate or income taxes
- G06Q: INFORMATION AND COMMUNICATION TECHNOLOGY [ICT] SPECIALLY ADAPTED FOR ADMINISTRATIVE, COMMERCIAL, FINANCIAL, MANAGERIAL OR SUPERVISORY PURPOSES; SYSTEMS OR METHODS SPECIALLY ADAPTED FOR ADMINISTRATIVE, COMMERCIAL, FINANCIAL, MANAGERIAL OR SUPERVISORY PURPOSES, NOT OTHERWISE PROVIDED FOR

## Abstract

Systems, methods, and apparatus for confirming trade actions are disclosed. An example method includes displaying a trade action cell corresponding with a trade action, receiving an initiation command, determining that the trade action was initiated based on the initiation command, receiving a confirmation command, wherein the confirmation command is a selection of the same trade action cell, and executing the trade action based on reception of the confirmation command.

## Claims

### Claim 1

A method including:
displaying, by a trading device, a trading screen, wherein the trading screen is a graphical user interface that includes a trade action cell corresponding to a trade action, wherein the trading action cell is a graphical element on the trading screen that is selectable by a user;
receiving, by the trading device, an initiation command from the user through the trading screen by a selection of the trade action cell;
determining, by the trading device, that the trade action was initiated based on the initiation command, wherein the trade action includes a trade parameter;
determining, by the trading device, a delay period, wherein the delay period is based on the trade parameter of the trade action;
changing, by the trading device, a visual representation of the trade action cell after the initiation command is received and before a confirmation command is received;
ignoring, by the trading device, any attempted confirmation command, wherein the attempted confirmation command is a selection through the trading screen of the same trade action cell during the delay period, wherein the delay period begins when the initiation command is received;
receiving, by the trading device, the confirmation command from the user through the trading screen by a selection of the same trade action cell after the delay period; and
executing, by the trading device, the trade action in response to receiving the confirmation command.

### Claim 2

A non-transitory computer readable medium having stored therein instructions executable by a processor, including instructions executable to:
display a trading screen, wherein the trading screen is a graphical user interface that includes a trade action cell corresponding to a trade action, wherein the trade action cell is a graphical element on the trading screen that is selectable by a user;
receive an initiation command from the user through the trading screen by a selection of the trade action cell;
determine that the trade action was initiated based on the initiation command, wherein the trade action includes a trade parameter;
determine a delay period, wherein the delay period is based on the trade parameter of the trade action;
change a visual representation of the trade action cell after the initiation command is received and before a confirmation command is received;
ignore any attempted confirmation command, wherein the attempted confirmation command is a selection through the trading screen of the same trade action cell during the delay period wherein the delay period begins when the initiation command is received;
receive the confirmation command from the user through the trading screen by a selection of the same trade action cell after the delay period; and
execute the trade action in response to receiving the confirmation command.

### Claim 3 (depends on 1)

The method of claim 1, wherein
the visual representation of the trade action cell is changed for the duration of the delay period.

### Claim 4 (depends on 3)

The method of claim 3, further including:
changing, by the trading device, the visual representation of the trade action cell after the delay period and before the confirmation command is received.

### Claim 5 (depends on 1)

The method of claim 1, wherein the trade parameter is a quantity associated with the trade action.

### Claim 6 (depends on 1)

The method of claim 1, wherein the trade parameter is a price associated with the trade action.

### Claim 7 (depends on 1)

The method of claim 1, wherein the trade parameter is a side associated with the trade action.

### Claim 8 (depends on 2)

The computer readable medium of claim 2, wherein
the visual representation of the trade action cell is changed for the duration of the delay period.

### Claim 9 (depends on 8)

The computer readable medium of claim 8, further including instructions executable to:
change the visual representation of the trade action cell after the delay period and before the confirmation command is received.

### Claim 10 (depends on 2)

The computer readable medium of claim 2, wherein the trade parameter is a quantity associated with the trade action.

### Claim 11 (depends on 2)

The computer readable medium of claim 2, wherein the trade parameter is a price associated with the trade action.

### Claim 12 (depends on 2)

The computer readable medium of claim 2, wherein the trade parameter is a side associated with the trade action.