Time market grid interface
AssigneeTrading Technologies International, Inc.
InventorSimeon C. Peebler
Life of this patent
Estimating the term…
Abstract
A system and method are provided for trading a tradable object. One example apparatus includes a microprocessor, a graphical user comprising a first screen region having a plurality of locations in the first screen region, each location corresponding to a price level along a first axis and a time along a second axis. The apparatus also comprises a user input device for sending a command to initiate placement of a timed trade order, and an indicator being dynamically displayed in one of the plurality locations of the first screen region and corresponding to the timed order. In one example embodiment, the indicator dynamically moves over time relative to the second axis indicating a time until the order will be automatically sent to a computerized matching process.
Claims14
A method including:
- displaying by a computing device an order entry interface, wherein the order entry interface includes a value axis and a time axis, wherein the value axis represents a plurality of price values, wherein each price value corresponds to a price for a tradable object, wherein the time axis represents a plurality of time values, wherein each time value corresponds to a future time;
- receiving by the computing device a command to initiate placement of a timed trade order, wherein the command is received based on a selection of a location in the order entry interface relative to the value axis and the time axis, wherein the selected location corresponds a selected price value of the plurality of price values and a selected time value of the plurality of time values;
- displaying by the computing device a timed trade order indicator at an indicator location in the order entry interface relative to the value axis and the time axis, wherein the indicator location correspond to the price corresponding to the selected price value and the future time corresponding to the selected time value, wherein the timed trade order indicator dynamically moves over time as the future time approaches the current time;
- and
- placing by the computing device at the future time corresponding to the selected time value an order at an electronic exchange for the tradable object at the price corresponding to the selected price value.
Dependencies are inferred from the claim text.