IP Library Granted Patent US 11,551,299
Granted Patent B2
US 11,551,299 · App. 16/991,729 · Granted Jan 10, 2023

Trade action confirmation tool

Inventors: Stephen P. Decker (Naperville, IL); Brien D. Grey (Charlotte, NC)
Assignee: Trading Technologies International, inc.
G06Q40/04G06Q40/00
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Quick Facts
Patent No.
US 11,551,299
App. No.
16/991,729
Granted
Jan 10, 2023
Kind
B2
Abstract

Systems, methods, and apparatus for confirming trade actions are disclosed. An example method includes displaying a trade action cell corresponding with a trade action, receiving an initiation command, determining that the trade action was initiated based on the initiation command, receiving a confirmation command, wherein the confirmation command is a selection of the same trade action cell, and executing the trade action based on reception of the confirmation command.

Claims (16)

1. A non-transitory, computer-readable medium having stored therein instructions executable by a processor, including instructions executable to:

receive an initiation command through a selection of a trade action cell of a graphical user interface, wherein the trade action cell is a graphical element on the graphical user interface that is selectable by a user, wherein the trade action cell is associated with a trade action including a trade parameter;

determine, in response to receiving the initiation command, a delay period, wherein the delay period is based on the trade parameter of the trade action, wherein the delay period begins when the initiation command is received;

change a visual representation of the trade action cell after the initiation command is received and before a confirmation command is received;

ignore any attempted confirmation command, wherein the attempted confirmation command is received through a selection of the trade action cell during the delay period;

receive the confirmation command through a selection of the trade action cell after the delay period; and

execute, in response to receiving the confirmation command, the trade action.

2. The non-transitory, computer-readable medium of claim 1 , wherein the visual representation of the trade action cell is changed for a duration of the delay period.

3. The non-transitory, computer-readable medium of claim 2 , further including instructions executable to:

change the visual representation of the trade action cell after the delay period and before the confirmation command is received.

4. The non-transitory, computer-readable medium of claim 1 , wherein the visual representation of the trade action cell is changed when the initiation command is received.

5. The non-transitory, computer-readable medium of claim 1 , wherein the visual representation of the trade action cell is changed until the confirmation command is received.

6. The non-transitory, computer-readable medium of claim 1 , wherein the visual representation of the trade action cell is changed after the delay period.

7. The non-transitory, computer-readable medium of claim 1 , wherein the trade parameter is a quantity associated with the trade action.

8. The non-transitory, computer-readable medium of claim 1 , wherein the trade parameter is a price associated with the trade action.

9. The non-transitory, computer-readable medium of claim 1 , wherein the trade parameter is a side associated with the trade action.

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 Aug 12, 2020
From: DECKER, STEPHEN P.; GREY, BRIEN D.
To: TRADING TECHNOLOGIES INTERNATIONAL, INC.
Reel/Frame 053477/0519 →
Continuity (4)
Continuation 16668932 · Oct 30, 2019
Continuation 16146799 · Sep 28, 2018
Continuation 13368117 · Feb 7, 2012
Related Publication 20210049692A1 · Feb 18, 2021