Computerized interface for constructing and executing computerized transaction processes and programs
View Patent ↗An interface primarily used in computerized trading processes. In the especially preferred embodiments, the interface comprises a first sub-interface that allows “plug ins” to be dynamically created and/or edited. The plug ins are executed by a logic engine in which uses various inputs and outputs to obtain necessary information, process the order, and execute the order. The interface can additionally comprise a second sub-interface used to track orders, as well as a third sub-interface used to monitor orders.
1. An article of manufacture comprising:
a computer usable medium having computer readable program code means embodied therein for implementing a logic engine and an interface, the computer readable program code means in said article of manufacture comprising:
computer readable program code means for causing said logic engine to perform an algorithm for implementing a trading strategy; and
computer readable program code means for implementing said interface, said interface including a first sub-interface and a second sub-interface, wherein:
said first sub-interface is for allowing a user to modify said algorithm by changing a mapping between an event and an action;
said second sub-interface is for allowing the user to review details of orders executed by the logic engine; and
said interface is for allowing the user to navigate among said first and second sub-interfaces.
2. The article of manufacture of claim 1 wherein said interface comprises a graphical user interface.
3. The article of manufacture of claim 1 wherein said first sub-interface comprises a graphical user interface.
4. The article of manufacture of claim 1 wherein:
said interface further comprises a third sub-interface which allows the user to monitor operation of a server computer that executes the logic engine; and
said interface allows the user to navigate among said first, second and third sub-interfaces.
5. The article of manufacture of claim 1 , wherein the trading strategy is selected from the group consisting of:
(a) a Volume-Weighted-Average-Price strategy;
(b) a Ratio strategy;
(c) a Gamma Hedge strategy;
(d) an Iceberg strategy; and
(e) a GB Delta Hedge strategy.
6. The article of manufacture of claim 1 , wherein the first sub-interface includes an event editor interface, a condition editor interface and an action editor interface.
7. The article of manufacture of claim 1 , wherein said action is placement of a securities trading order.
8. A method for computerized trading comprising:
providing a logic engine with an algorithm for implementing a trading strategy;
providing an interface that includes a first sub-interface and a second sub-interface;
using the first sub-interface to modify said algorithm by changing a mapping between an event and an action;
processing a trade using said logic engine with said modified algorithm; and
using the second sub-interface to review details of orders executed by the logic engine.
9. The method of claim 8 , wherein said interface also includes a third sub-interface, and the method further comprising:
using said third sub-interface to monitor operation of a server computer which executes the logic engine.
10. The method of claim 8 , wherein the trading strategy is selected from the group consisting of:
(a) a Volume-Weighted-Average-Price strategy;
(b) a Ratio strategy;
(c) a Gamma Hedge strategy;
(d) an Iceberg strategy; and
(e) a GB Delta Hedge strategy.
11. The method of claim 8 , wherein the first sub-interface includes an event editor interface, a condition editor interface and an action editor interface.
12. The method of claim 8 , wherein said action is placement of a securities trading order.