Trading Tools for Electronic Trading

Patent metadata

Field	Value
Publication number	US-2018308165-A1
Application number	US-201816017641-A
Country	US
Kind code	A1
Filing date	Jun 25, 2018
Priority date	Mar 2, 2000
Publication date	Oct 25, 2018
Grant date	—

Abstract

Tools for trading and monitoring a commodity on an electronic exchange using a graphical user interface and a user input device. The tools will aid the trader in determining the status, trends in the market, and the trader's position in the market.

First claim

1 . (canceled)

2 . A system comprising:
a computing device, wherein the computing device is configured to receive a first data feed from an electronic exchange, wherein the first data feed comprises inside market information for a first commodity and does not include market depth information for the first commodity, and wherein the first data feed is sent by the electronic exchange at a first rate; wherein the computing device is configured to receive a second data feed from the electronic exchange, wherein the second data feed is different from the first data feed, wherein the second data feed comprises market depth information for the first commodity and does not include inside market information for the first commodity, and wherein the second data feed is sent by the electronic exchange at a second rate that is different from the first rate; wherein the computing device is configured to display on a graphical user interface at the computing device the inside market information from the first data feed and the market depth information from the second data feed; and wherein, when a disruption occurs in one of the first data feed and the second data feed such that the corresponding market information of the disrupted one of the first and second data feeds is not received at the computer device, the computing device is configured to update the graphical user interface based on data in the most recent packet subsequently received at the computing device in one of the first data feed or the second data feed that is not disrupted and being received at the computing device.

3 . The system of claim 2 , wherein the market depth information comprises a quantity at a price level available for the first commodity at the electronic exchange.

4 . The system of claim 2 , wherein the inside market information comprises a best bid price and a best ask price available for the first commodity at the electronic exchange.

5 . The system of claim 2 , wherein the first rate is slower than the second rate.

6 . The system of claim 2 , wherein the first rate is faster than the second rate.

7 . The system of claim 2 ,
wherein the computing device is configured to receive a third data feed from a different electronic exchange, the third data feed comprising at least one of inside market information and market depth information for the first commodity; and wherein the computing device is configured to update the graphical user interface based on data from the first data feed, the second data feed, and the third data feed.

8 . The system of claim 2 , wherein the first rate is variable.

9 . The system of claim 2 , wherein the second rate is variable.

Assignees

• Trading Technologies Int Inc

Inventors

• Kemp Ii Gary Allan
• Schluetter Jens-Uwe
• Brumfield Harris C
• Burns Michael J
• Singer Scott F

Classifications

• G06Q20/10

  specially adapted for electronic funds transfer [EFT] systems; specially adapted for home banking systems · CPC title

• G06Q40/04 Primary

  Trading; Exchange, e.g. stocks, commodities, derivatives or currency exchange · CPC title

• G06Q40/06

  Asset management; Financial planning or analysis · CPC title

• G06Q40/00

  Finance; Insurance; Tax strategies; Processing of corporate or income taxes · CPC title

• G06Q30/08

  Auctions · CPC title