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US 2020/0051168 A1Published application
Systems and methods for quoting a two-sided trading orders
AssigneeBGC Partners, Inc.
InventorsAndrew C. Gilbert, Andrew Stergiopoulos
Life of this patent
Estimating the term…
Abstract
Systems and methods for instantly quoting a two-sided market. Using these systems and methods, a trader can use various trading interfaces to initiate two-sided market orders based on a value submitted and a pre-set spread amount as configured by the trader.
Claims19
(canceled)
An apparatus comprising:
- a display device;
- at least one processor to:
- render on the display device a bid size, a bid price, an offer size and an offer price for an instrument;
- detect selection of the bid price or the offer price for the instrument;
- render a dialog window on the display device with a bid button, an offer button, a bid size field pre-populated with the bid size, a bid price field pre-populated with the bid price, an offer size field pre-populated with the offer size, and an offer price field pre-populated with the offer price;
- automatically reposition a pointer immediately above the bid button of the dialog window, in response to determining that the bid price was selected;
- automatically reposition a pointer immediately above the offer button of the dialog window, in response to determining that the offer price was selected;
- detecting entry of another bid price or offer price;
- automatically populating the bid price field with a new bid price in response to detecting the entry, the new bid price being based on a pre-set spread amount and the entered offer price;
- and
- automatically populating the offer price field with a new offer price in response to detecting the entry, the new offer price being based on the pre-set spread amount and the entered bid price;
- detect a selection of the bid button or the offer button;
- and generate a bid command and an offer command for the instrument simultaneously, in response to the selection of the bid button or the offer button.
10 more elements
A method comprising:
- rendering, by at least one processor, on a display device a bid size, a bid price, an offer size, and an offer price for an instrument;
- detecting, by the at least one processor, a selection of the bid price or the offer price for the instrument;
- rendering, by the at least one processor, a dialog window on the display device with a bid button, an offer button, a bid size field pre-populated with the bid size, a bid price field pre-populated with the bid price, an offer size field pre-populated with the offer size, and an offer price field pre-populated with the offer price;
- automatically repositioning, by the at least one processor, a pointer immediately above the bid button of the dialog window, in response to determining that the bid price was selected;
- and
- automatically repositioning, by the at least one processor, a pointer immediately above the offer button of the dialog window, in response to determining that the offer price was selected;
- detecting entry of another bid price or offer price;
- automatically populating the bid price field with a new bid price in response to detecting the entry, the new bid price being based on a pre-set spread amount and the entered offer price;
- and
- automatically populating the offer price field with a new offer price in response to detecting the entry, the new offer price being based on the pre-set spread amount and the entered bid price;
- detecting, by the at least one processor, a selection of the bid button or the offer button;
- and generating, by the at least one processor, a bid command and an offer command for the instrument simultaneously, in response to the selection of the bid button or the offer button.
9 more elements
Dependencies are inferred from the claim text.