| US 7,590,576 B1 | ||
| Visual representation and configuration of trading strategies | ||
| Thomas R. Zagara, La Grange, Ill. (US); Michael J. Burns, Riverside, Ill. (US); and Scott F. Singer, Lake Bluff, Ill. (US) | ||
| Assigned to Trading Technologies International Inc., Chicago, Ill. (US) | ||
| Filed on Mar. 31, 2005, as Appl. No. 11/95,101. | ||
| Int. Cl. G06Q 40/00 (2006.01) | ||
| U.S. Cl. 705—35 [705/36 R; 705/37] | 18 Claims |
| 1. A method for displaying information relating to a trading strategy involving a tradeable object being traded electronically
on an electronic exchange, comprising:
displaying, on a graphical user interface device, market information relating to a trading strategy, the market information
comprising at least one bid quantity and at least one ask quantity that are displayed along a price axis, wherein the trading
strategy comprises trading a plurality of tradeable objects such that an order to buy or sell a first tradeable object is
based on a desired trading strategy price and further based on market conditions in at least one other tradeable object;
defining, via a computing device, a first tolerance parameter;
determining, via the computing device, a tolerance price range comprising an acceptable price range a user is willing to accept
for the trading strategy without re-pricing the order for the first tradeable object based on changing market conditions in
the at least one other tradeable object of the trading strategy, wherein the tolerance price range is determined based on
the desired trading strategy price and the first tolerance parameter;
graphically displaying, on the graphical user interface device, an order indicator at the desired trading strategy price;
and
graphically displaying, on the graphical user interface device, a first indicator along the price axis, the first indicator
representing the acceptable price range of the tolerance price range.
|