US 7,584,144 B2Granted

User interface for semi-fungible trading

AssigneeTrading Technologies International, Inc.

InventorsRichard W. Friesen, Mark C. Klizas

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Abstract

A user interface and method are disclosed for providing trading between a plurality of semi-fungible and non-fungible goods. A plurality of book axes are displayed in a single interface, each book axis representing a market for a particular good. Orders for goods are displayed as marks on the axes to display the relative value of the orders. A value axis is provided that relates the value of the goods from each market to each other. Thus, a single interface provides the means to relate the values of different semi-fungible goods. The value axis may be displayed in units of price, or a custom value designated by a user or pre-defined by the interface. Quantity information is represented in the interface through the display of a dimension of an order icon. Precise information about each order is displayed either in a panel view or a pop-up window.

A method for electronic trading of goods, the method comprising:

generating a first axis for a first good according to first market data via a computing device, the first market data received at the computing device from an electronic exchange for the first good;
generating a second axis for a second good according to second market data via the computing device, the second market data received at the computing device from an electronic exchange for the second good;
displaying a first axis associated with a first good via a visual output device associated with the computing device, the first axis having a plurality of value levels each associated with a value for the first good;
displaying a second axis associated with a second good via the visual output device, the second axis having a plurality of value levels each associated with a value for the first good, the second good having a value relationship with the first good;
generating at least a first indicator for a first good according to first market data via a computing device, the first indicator representing at least a quantity of an open order of the first good according to the first market data;
dynamically displaying the at least a first indicator via the visual output device relative to one of the plurality of value levels of a first axis;
generating at least a second indicator for a second good according to second market data via a computing device, the second indicator representing at least a quantity of an open order of the second good according to the second market data;
dynamically displaying at least a second indicator via the visual output device relative to one of the plurality of value levels of a second axis, the second indicator representing at least a quantity of an open order of the second good;
generating a common value axis relative to the first axis and the second axis via the computing device, the common value axis having a plurality of common value levels each aligned with a respective value level of the first axis and the second axis and representing a common value of the first and second goods;
displaying the common value axis relative to the first axis and the second axis via the visual output device;
receiving a user-initiated command via an input device of the computing device, the user-initiated command selecting a value of an order for any one of the first good and the second good according to a user-selected location of any one of the first axis and the second axis;
and
in response to the user-initiated command, generating and submitting the order on behalf of a user via the computing device.

10 more elements

Facts

Application

11/418,474Filed 3 May 2006 · continuation

Priority

9 Apr 1999

Published

US 2006/0059083 A116 Nov 2006

Granted

1 Sep 2009

Term ends

Not estimatedThe source records don’t support an estimate.

Classification5 codes

G06Q 40/04
Finance; Insurance; Tax strategies; Processing of corporate or income taxes: trading; Exchange, e.g. stocks, commodities, derivatives or currency…
G06Q 20/10
Payment architectures: specially adapted for electronic funds transfer [EFT] systems; specially adapted for home banking systems
G06Q 40/00
Finance
G06Q 40/06
Finance; Insurance; Tax strategies; Processing of corporate or income taxes: asset management; Financial planning or analysis

Family

Application09/289,550Parent of this continuation-in-part · filed 9 Apr 1999

Application60/151,468Us provisional application · filed 30 Aug 1999

Application09/651,301Parent of this continuation · filed 30 Aug 2000

Application11/269,057Parent of this continuation · filed 8 Nov 2005

US 2006/0259413 A1Pre-grant publication · published 16 Nov 2006

US 6,993,504 B1Parent of this continuation

US 7,212,999 B2Parent of this continuation-in-part

Application09/651,301Parent of this continuation-in-part

US 2003/0097325 A1Published application

US 2006/0059083 A1Published application

US 7,562,047 B2Related patent

US 7,584,144 B2This patent

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

Abstract

Claims19