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US 8,275,694 B2Granted
Console, system and method for providing an interface to a financial market trading system or to a financial market based gaming system
OwnerIlan Tzroyainventor
Life of this patent
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Abstract
The present invention is a console, system and method for providing an interface to a financial market trading system or to a financial market based gaming system. The invention enables the trader to trade on financial markets using an interface simulating known and popular games from the world of sports, arcade, games of chance, strategic games and the like.
Claims13
A financial instrument trading system comprising:
- a console including a display and a user interface assembly;
- first processing circuitry configured to create a session based monetary trading account, wherein said session based monetary trading account is created upon commencement of a trading session and terminated upon completion of the trading session;
- second processing circuitry for:
- (1) providing upon said display an interface which simulates a known game, wherein a determining factor of an outcome of the known game is replaced by one or more trade-details of a financial instrument;
- and
- (2) translating, by processing circuitry, user actions within the known game into at least one financial instrument trade order for trading financial instruments, wherein said financial instrument trade order is instructions to purchase or sell financial instruments in exchange for a price of the financial instruments on a financial market;
- and
- a transaction server for facilitating execution of the financial instrument trade order using funds from said session based monetary trading account and further configured to credit and debit said session based monetary trading account funds gained or lost as a result of the execution of the financial instrument trade order.
5 more elements
A method of facilitating trading comprising:
- providing a console including a display and a user interface assembly;
- creating a, session based, monetary trading account, wherein said session based monetary trading account is created upon commencement of a trading session and terminated upon completion of the trading session;
- providing upon said display an interface which simulates a known game, wherein a determining factor of an outcome of the known game is replaced by one or more trade-details of a financial instrument;
- translating, by processing circuitry, user actions within the known game into at least one financial instrument trade order, for trading financial instruments using funds from said session based monetary trading account;
- and
- crediting and debiting said session based monetary trading account funds gained or lost as a result of the financial instrument trade order;
- wherein said financial instrument trade order is instructions to purchase or sell financial instruments in exchange for a price of the financial instruments on a financial market.
4 more elements
Dependencies are inferred from the claim text.