Speed Adjustable and Reversible Tool for Slicer Orders
AssigneeTrading Technologies International, Inc.
InventorWilliam Tigard Baker
Life of this patent
Estimating the term…
Abstract
The disclosure generally relates to a speed adjustable and reversible tool for slicer orders. In an example, a user command is received to adjust one or more parameters of a slicer order that has been submitted for trading or otherwise includes one or more child order to be submitted for trading. A user input device, or controller may be used to receive the command, such as by sliding one or more sliders along a range to affect adjustment of one or more corresponding parameters of the slicer order and/or child orders.
Claims32
A method for adjusting a slicer order, comprising:
- receiving, via a user input device of a computing device, a plurality of parameters for implementing a slicer order for a tradeable object;
- in response to receiving a first user input to submit the slicer order for trading a quantity of the tradeable object, generating, via the computing device, a plurality of child orders for the slicer order, where the plurality of child orders are generated according to the plurality of parameters and where a total quantity of the plurality of child orders comprises the quantity;
- submitting, via the computing device, the plurality of child orders for trading according to the plurality of parameters;
- in response to receiving via a slicer controller a second user command to adjust at least one parameter of the plurality of parameters and subsequent to generating the plurality of child orders, adjusting, via the computing device, the at least one parameter;
- and
- submitting, via the computing device, the plurality of child orders for trading, the plurality of child orders being submitted according to the adjusted at least one parameter.
A non-transitory tangible computer readable medium having instructions stored thereon that when executed by a processor cause the processor to execute acts comprising:
- receiving, via a user input device of a computing device, a plurality of parameters for implementing a slicer order for a tradeable object;
- in response to receiving a first user input to submit the slicer order for trading a quantity of the tradeable object, generating, via the computing device, a plurality of child orders for the slicer order, where the plurality of child orders are generated according to the plurality of parameters and where a total quantity of the plurality of child orders comprises the quantity;
- submitting, via the computing device, the plurality of child orders for trading according to the plurality of parameters;
- in response to receiving via a slicer controller a second user command to adjust at least one parameter of the plurality of parameters and subsequent to generating the plurality of child orders, adjusting the at least one parameter;
- and
- submitting the plurality of child orders for trading, the plurality of child orders being submitted according to the adjusted at least one parameter.
A client trading device comprising:
- a user input device;
- a processor coupled with the user input device and configured to
- receive, via the user input device, a plurality of parameters for implementing a slicer order for a tradeable object,
- in response to receiving a first user input via the input device to submit the slicer order for trading a quantity of the tradeable object, generate a plurality of child orders for the slicer order, where the plurality of child orders are generated according to the plurality of parameters and where a total quantity of the plurality of child orders comprises the quantity,
- implement the plurality of child orders for trading according to the plurality of parameters,
- in response to receiving a second user command via the input device to adjust at least one parameter of the plurality of parameters and subsequent to implementing the plurality of child orders, adjust the at least one parameter;
- and
- an order router coupled with the processor and configured to submit the plurality of child orders for trading according to the adjusted at least one parameter.
(canceled)
Dependencies are inferred from the claim text.