IP Library Granted Patent US 9,087,360
Granted Patent B2
US 9,087,360 · App. 13/400,412 · Granted Jul 21, 2015

Method and system for displaying a cursor on a trading screen

Inventors: Jens-Uwe Schluetter (Koenigstein/Ts, DE); Robert A. West (Chicago, IL)
Assignee: Trading Technologies International, Inc.
G06Q40/04G06F3/04812G06Q20/10G06Q40/00G06Q40/06Y10S715/962
View Patent ↗
Loading inventors, assignments & file history…
Monitor This Case
Get email alerts when status or documents change.
Order Certified Copies
Most orders are placed with the USPTO same day — all within 24 business hours.
Order via The Patent Place →
Pre-filled with this patent's details
Quick Facts
Patent No.
US 9,087,360
App. No.
13/400,412
Granted
Jul 21, 2015
Kind
B2
Abstract

A method, system, and computer program products are provided for updating the location of a cursor in a display window on a trading screen when certain events occurs. In a preferred embodiment, as market conditions change, the market information may be rearranged on a screen. To reduce the chances of missing a market opportunity by sending orders or managing them, the cursor moves in association with the market information such that the cursor appears fixed to the market information until a user moves the pointer device.

Claims (30)

1. A computer readable storage medium having computer executable instructions stored thereon, which when executed by a processor, cause the processor to carry out acts comprising:

setting, via the processor, a price for a trade order according to receiving a user command to cause a cursor to hover over a location corresponding to a price level of a price axis displayed on a trading screen;

automatically moving, via the processor, the cursor and the price level to a new location in response to receiving a market update prior to receiving a new user command to cause the cursor to move; and

subsequent to the automatically moving the cursor, receiving, via the processor, a second user command to submit the trade order with the price.

2. The computer readable storage medium of claim 1 where the acts further comprise maintaining the price for the trade order subsequent to moving the cursor and prior to receiving the new user command.

3. The computer readable storage medium of claim 1 where the price axis comprises a dynamic price axis.

4. The computer readable storage medium of claim 1 where the price axis comprises a plurality of price levels, each of the plurality of price levels associated with an order entry location for receiving a user command to send trade orders to an electronic exchange.

5. The computer readable storage medium of claim 1 where moving the cursor and the price level comprises repositioning the price axis in response to receiving the market update.

6. The computer readable storage medium of claim 1 where the second user command comprises any of a single-click of a mouse button and a double-click of a mouse button.

7. The computer readable storage medium of claim 1 , where the acts further comprise displaying price levels for an inside market at designated locations.

8. The computer readable storage medium of claim 1 where the acts further comprise displaying any of a last trade price, a best bid price, a best ask price, and combinations thereof along the price axis.

9. The computer readable storage medium of claim 1 where moving the cursor and the price level further comprises repositioning the price axis in response to receiving a repositioning command.

10. The computer readable storage medium of claim 1 where the acts further comprise:

receiving a third user command to cause the cursor to hover over another location corresponding to a new price level; and

in response to the third user command, setting the price of the trade order to the new price level.

11. A method comprising:

setting, via a computing device, a price for a trade order according to receiving a user command to cause a cursor to hover over a location corresponding to a price level of a price axis displayed on a trading screen;

automatically moving, via the computing device, the cursor and the price level to a new location in response to receiving a market update prior to receiving a new user command to cause the cursor to move; and

subsequent to the automatically moving the cursor, receiving, via the computing device, a second user command to submit the trade order with the price.

12. The method of claim 11 further comprising maintaining the price for the trade order via the computing device subsequent to moving the cursor and prior to receiving the new user command.

13. The method of claim 11 where the price axis comprises a dynamic price axis.

14. The method of claim 11 where the price axis comprises a plurality of price levels, each of the plurality of price levels associated with an order entry location for receiving a user command to send trade orders to an electronic exchange.

15. The method of claim 11 where moving the cursor and the price level comprises repositioning the price axis via the computing device in response to receiving the market update.

16. The method of claim 11 where the second user command comprises any of a single-click of a mouse button and a double-click of a mouse button.

17. The method of claim 11 further comprising displaying via the computing device price levels for an inside market at designated locations.

18. The method of claim 11 further comprising displaying via the computing device any of a last trade price, a best bid price, a best ask price, and combinations thereof along the price axis.

19. The method of claim 11 where moving the cursor and the price level further comprises repositioning the price axis in response to receiving a repositioning command.

20. The method of claim 11 further comprising:

receiving via the computing device a third user command to cause the cursor to hover over another location corresponding to a new price level; and

in response to the third user command, setting via the computing device the price of the trade order to the new price level.

Assignments (6)
SECURITY INTEREST Recorded Nov 7, 2025
From: TRADING TECHNOLOGIES INTERNATIONAL, INC.
To: HPS INVESTMENT PARTNERS, LLC, AS COLLATERAL AGENT
Reel/Frame 073510/0758 →
RELEASE OF SECURITY INTEREST Recorded Nov 5, 2025
From: JPMORGAN CHASE BANK, N.A., AS ADMINISTRATIVE AGENT
To: TRADING TECHNOLOGIES INTERNATIONAL, INC.
Reel/Frame 073470/0522 →
SECURITY INTEREST Recorded Nov 22, 2022
From: TRADING TECHNOLOGIES INTERNATIONAL, INC.
To: JPMORGAN CHASE BANK, N.A.
Reel/Frame 061995/0117 →
RELEASE OF SECURITY INTEREST Recorded Jun 15, 2022
From: ACF FINCO I LP
To: TRADING TECHNOLOGIES INTERNATIONAL, INC.
Reel/Frame 060791/0498 →
SECURITY INTEREST Recorded Jul 20, 2021
From: TRADING TECHNOLOGIES INTERNATIONAL, INC.
To: ACF FINCO I LP
Reel/Frame 057143/0825 →
ASSIGNMENT OF ASSIGNOR'S INTEREST Recorded Feb 20, 2012
From: SCHLUETTER, JENS-UWE; WEST, ROBERT A.
To: TRADING TECHNOLOGIES INTERNATIONAL, INC.
Reel/Frame 027732/0011 →
Continuity (3)
Continuation 13013792 · Jan 25, 2011
Continuation 10729123 · Dec 5, 2003
Related Publication 20120150718A1 · Jun 14, 2012