| US 7,587,356 B2 | ||
| System and method for displaying profit related information in an electronic trading environment | ||
| Robert A. West, Chicago, Ill. (US); and Michael J. Burns, Chicago, Ill. (US) | ||
| Assigned to Trading Technologies International, Inc., Chicago, Ill. (US) | ||
| Filed on May 29, 2003, as Appl. No. 10/447,616. | ||
| Application 10/447616 is a continuation in part of application No. 10/355471, filed on Jan. 31, 2003. | ||
| Prior Publication US 2004/0153393 A1, Aug. 05, 2004 | ||
| Int. Cl. G06Q 40/00 (2006.01) | ||
| U.S. Cl. 705—37 | 31 Claims |
| 1. A computing device for displaying a graphical user interface configured to display profit information related to a tradeable
object being traded in an electronic trading environment, the computing device comprising:
a processing device programmed to display a graphical user interface having:
a profit information area defined by a first axis and a second axis being substantially orthogonal to the first axis, the
first axis representing a profit level for the tradeable object with a range of profit levels, the second axis representing
a range of net positions for the tradeable object with a range of net positions;
a first indicator being dynamically displayed, at a current time, in a first location corresponding to a first profit level
along the first axis, the first indicator further representing a particular net position according to the second axis and
based on a certain amount of the tradeable object either bought or sold up to the current time, wherein the first indicator
represents a first profit or loss, based on the first profit level along the first axis, that a trader would incur if the
particular net position was closed at the current time,
wherein the first profit level corresponding to the first location is based on any of the following: a best ask price, a best
bid price or a last traded price for the tradeable object provided in a first market update from an electronic exchange at
the current time and further based on a price level of getting into the particular net position, and
wherein the first indicator is dynamically displayed in a second location corresponding to another profit level along the
first axis upon receiving a new market update from the electronic exchange, the second market update comprising an updated
best ask price, an updated best bid price, or an updated last traded price for the tradeable object that is used to determine
the another profit level; and
a second indicator being dynamically displayed, at the current time, in a third location corresponding to a second profit
level along the first axis, the second indicator further representing a working order quantity being based on a working quantity
of at least one order that is pending at the electronic exchange to be filled, wherein the second indicator represents a second
profit or loss, based on the second profit level along the first axis, that the trader would incur if the working order quantity
was filled to decrease or increase the particular net position.
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