Method for scheduling future orders on an electronic commodity trading system
AssigneeCunningham Trading Systems, LLC
InventorsPete Steidlmayer, Nate Ostrye, Andrew W. Busby
Life of this patent
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Abstract
A method is provided for placing a trade order for a commodity on an electronic exchange to be executed at a future time, said method comprising the steps of displaying a trading screen for a commodity market, said trading screen including a future time schedule and an order entry region corresponding to each future time segment of the future time schedule, and scheduling an order corresponding to a future time segment by locating a pointer of a user device within an order entry region corresponding to the future time segment and sending an input signal via the pointer.
Claims16
A method for placing a trade order for a commodity on an electronic exchange to be executed at a future time, said method comprising the steps of:
- displaying a trading screen for a commodity market, said trading screen including a future time schedule and an order entry region corresponding to each future time segment of the future time schedule, the order entry region horizontally aligned with each future time segments, the future time schedule segments automatically scrolling as time passes;
- and
- scheduling an order corresponding to a future time segment by locating a pointer of a user device within an order entry region corresponding to the future time segment and sending an input signal via the pointer;
- and
- automatically initiating execution of the order with a commodity exchange based on a current time matching a time of the scheduled order associated with the future time segment, and updating the order entry region associated with the future time segment.
A computer readable medium having program code recorded thereon for execution on a computer for placing a trade order for a commodity on an electronic exchange to be executed at a future time, said program code causing a machine to execute, the method comprising the steps of:
- displaying a trading screen for a commodity market, said trading screen including a future time schedule and an order entry region corresponding to each future time segment of the future time schedule, the order entry region horizontally aligned with each future time segments, the future time schedule segments automatically scrolling as time passes;
- scheduling an order corresponding to a future time segment by locating a pointer of a user device within an order entry region corresponding to the future time segment and sending an input signal via the pointer;
- and
- automatically initiating execution of the order with a commodity exchange based on a current time matching a time of the scheduled order associated with the future time segment, and updating the order entry region associated with the future time segment.
An apparatus for placing a trade order for a commodity on an electronic exchange to be executed at a scheduled time, comprising:
- means for associating a future time schedule having a plurality of future time segments and an order entry region having a plurality of entries, each entry corresponding to one of the plurality of future time segments of the future time schedule, the order entry region horizontally aligned with the plurality of future time segments;
- and
- means for executing with an electronic exchange an order corresponding to one of the future time segments at the scheduled time, the order entry region being updated corresponding to the scheduled time.
Dependencies are inferred from the claim text.