Invention Grant
US07702566B2 Click based trading with intuitive grid display of market depth and price consolidation
有权
点击式交易,直观的网格显示市场深度和价格整合
- Patent Title: Click based trading with intuitive grid display of market depth and price consolidation
- Patent Title (中): 点击式交易,直观的网格显示市场深度和价格整合
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Application No.: US11389018Application Date: 2006-03-27
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Publication No.: US07702566B2Publication Date: 2010-04-20
- Inventor: Gary Allan Kemp, II , Harris Brumfield
- Applicant: Gary Allan Kemp, II , Harris Brumfield
- Applicant Address: US IL Chicago
- Assignee: Trading Technologies International, Inc.
- Current Assignee: Trading Technologies International, Inc.
- Current Assignee Address: US IL Chicago
- Agency: McDonnell Boehnen Hulbert & Berghoff LLP
- Main IPC: G06Q40/00
- IPC: G06Q40/00

Abstract:
A method and system for reducing the time it takes for a trader to place a trade when electronically trading on an exchange, thus increasing the likelihood that the trader will have orders filled at desirable prices and quantities. The “Mercury” display and trading method of the present invention ensure fast and accurate execution of trades by displaying market depth on a vertical or horizontal plane, which fluctuates logically up or down, left or right across the plane as the market prices fluctuate. This allows the trader to trade quickly and efficiently. The price consolidation feature of the present invention, as described herein, enables a trader to consolidate a number of prices in order to condense the display. Such action allows a trader to view a greater range of prices and a greater number of orders in the market at any given time. By consolidating prices, and therefore orders, a trader reduces the risk of a favorable order scrolling from the screen prior to filling a bid or ask on that order at a favorable price.
Public/Granted literature
- US20060167781A1 Click based trading with intuitive grid display of market depth and price consolidation Public/Granted day:2006-07-27
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