US 12,762,618 B2Granted

User interface functionality and enhancements for commodity pricing arrangements

AssigneeCargill, Incorporated

InventorsDavid Matthew Pellinger, Jeff Klock

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Abstract

Disclosed are various data processing systems, user interfaces, application programming interfaces, and related operations for commodity financial data processing scenarios. In some implementations, a system may provide a graphical user interface (GUI) to customize a financial strategy associated with a commodity delivery contract. The GUI may include an interactive graph representation having a vertical axis and a horizontal axis, with the vertical axis corresponding to price values and the horizontal axis corresponding to time values of the financial strategy. The interactive graph representation may provide a vertical user interface control which is capable of horizontal movement to select a time value, and a horizontal user interface control which is capable of vertical movement to select a price value of the financial strategy. An accompanying information display of the GUI may display the time value and the price value and related information obtained for the strategy.

Claims20

Dependent claims

A computing system, comprising:

memory storing:
price strategy data comprising price values and time values associated with a financial derivative strategy;
and
contract data comprising information associated with a current or prospective commodity delivery contract;
and
processing circuitry configured to provide a graphical user interface for customizing the financial derivative strategy associated with the commodity delivery contract, by performing operations to:
simultaneously access a contract processing system and a pricing system;
provide a first user interface control within the graphical user interface, the first user interface control configured to allow selection of a time value associated with the financial derivative strategy;
provide a second user interface control within the graphical user interface, the second user interface control configured to allow selection of a price value associated with the financial derivative strategy;
output, in the graphical user interface, a price quote corresponding to the financial derivative strategy, the price quote obtained from the pricing system based on a position of the first user interface control and a position of the second user interface control, the price quote associated with an expiration time for activation of the financial derivative strategy;
dynamically update the expiration time to a subsequent expiration time for activation of the financial derivative strategy based on the position of the second user interface control;
and
access the contract processing system performing at least one of creating and updating a commodity delivery contract based on the subsequent expiration time.

10 more elements

A computer-implemented method for providing a graphical user interface to customize a financial derivative strategy associated with a commodity delivery contract, comprising:

simultaneously accessing a contract processing system and a pricing system;
providing a first user interface control within the graphical user interface, the first user interface control configured to allow selection of a time value associated with the financial derivative strategy;
providing a second user interface control within the graphical user interface, the second user interface control configured to allow selection of a price value associated with the financial derivative strategy;
outputting, in the graphical user interface, a price quote corresponding to the financial derivative strategy, the price quote obtained from the pricing system based on a position of the first user interface control and a position of the second user interface control, the price quote associated with an expiration time for activation of the financial derivative strategy;
dynamically updating the expiration time to a subsequent expiration time for activation of the financial derivative strategy based on the position of the second user interface control;
and
accessing the contract processing system performing at least one of creating and updating a commodity delivery contract based on the subsequent expiration time.

4 more elements

Dependencies are inferred from the claim text.

Facts

Application: 19/240,592Filed 17 Jun 2025 · continuation
Priority: 14 May 2021
Published: US 2025/0315889 A19 Oct 2025
Granted: 13 Oct 2026
Term ends: Not estimatedThe source records don’t support an estimate.

Classification2 codes

G06Q 40/04
Finance; Insurance; Tax strategies; Processing of corporate or income taxes: trading; Exchange, e.g. stocks, commodities, derivatives or currency…
G06Q
Information and communication technology [ict] specially adapted for administrative, commercial, financial, managerial

Family

Application63/188,538Us provisional application · filed 14 May 2021
Application18/559,963Parent of this continuation · filed 11 May 2022
PCT/US2022/028700Parent of this continuation · filed 11 May 2022
US 2025/0315889 A1Pre-grant publication · published 9 Oct 2025
US 12,361,490 B2Parent of this continuation
US 2024/0257241 A1Published application
US 12,762,618 B2This patent

From the US filing history. Foreign family members aren’t listed.

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