Method and apparatus for electronic trading of financial instruments
AssigneeTradeHelm, Inc.
InventorsBraden S. Janowski, Grigoriy A. Ginzburg
Life of this patent
Estimating the term…
Abstract
Financial instruments may be electronically traded according to any of three modes, including single instrument mode, correlated mode, and aggregated mode. One of more market depth representations showing current market price levels, Bids and Asks of the financial instrument(s) to be traded are displayed on a GUI window. The user mouses parallel to the market depth representation to a price level at which the user wishes to initiate a trade, and the moused-over price level is selected. All trade order parameters are pre-constructed either prior to selecting or upon selecting of a price level. The user then clicks a mouse button or initiates some other action of a user input device to place one or more orders.
Claims21
A method implemented within a computer system for placing a trade order bundle having trade order parameters for a financial instrument bundle to be traded on one or more electronic exchanges, the method comprising:
- displaying on the screen of a graphical user interface of the computer system a real time market depth representation with market price levels of one or more tradable financial instruments;
- selecting through action of a user input device of the computer system a market price level for at least one of the one or more tradable financial instruments;
- and
- sending the trade order bundle to said one or more electronic exchanges through further action of the user input device;
- wherein all parameters of the trade order bundle are pre-set by the computer system prior to said further action of the user input device so that no trade order parameters are set following said further action of the user input device.
A method implemented within a computer system for placing a trade order bundle having trade order parameters for a financial instrument to be traded on one or more electronic exchanges, the method comprising:
- displaying on the screen of a graphical user interface of the computer system a real time market depth representation with market price levels of one or more tradable financial instruments, said graphical user interface including a plurality of user input devices, each of said plurality of user input devices being configured to submit trade orders at one market price level;
- and
- sending the trade order bundle to said one or more electronic exchanges through action of a user input device;
- wherein all parameters of the trade order bundle are pre-set by the computer system prior to said action of a user input device so that no trade order parameters are set following said further action of the user input device.
Dependencies are inferred from the claim text.