System and method for displaying trading data
A system and method are provided for presenting trading information. One example method includes displaying a plurality of effective trade indicators corresponding to price levels at which effective trades have been initiated, and displaying trading information corresponding to each effective trade. The effective trades can be determined based on user-configured trade definitions. The trading information can include a traded quantity and profit/loss corresponding to each effective trade. In addition to the trading information, current market information could be displayed as well in relation to the plurality of effective trades.
1. A method comprising
displaying a price axis including a plurality of price levels arranged vertically in an interface provided by a trading device, wherein the plurality of price levels corresponds to a tradeable object;
identifying a fill group from a plurality of filled orders for the tradeable object, wherein the fill group reflects an effective trade based on a user configurable definition,
wherein the fill group includes two or more of the plurality of orders,
wherein the user configurable definition is used to determine a first order from the plurality of filled orders initiating the effective trade and which other orders in the plurality of filled orders should be grouped with the first order,
wherein the effective trade is associated with a designated price;
determining a total traded quantity value for the effective trade based on the fill group and data relating to the plurality of orders; and
displaying the total traded quantity value at a location corresponding to the designated price in the plurality of price levels within the interface.
2. The method of claim 1 , wherein the user configurable definition specifies selecting which orders are grouped as the effective trade according to a first-in-first-out (“FIFO”) method or to a last-in-first-out (“LIFO”) method.
3. The method of claim 1 , wherein the user configurable definition specifies selecting filled orders going from a zero position in the tradeable object to taking a long or short position in the tradeable object and then back to the zero position in the tradeable object as the effective trade.
4. The method of claim 1 , further comprising:
determining a number of effective trades initiated at each of the plurality of price levels; and
displaying a total traded volume value for each of the plurality of price levels, wherein the total traded volume value is a summation of a total traded quantity value for each of the number of effective trades initiated at a particular price level.
5. The method of claim 1 , further comprising:
displaying the number of effective trades in relation to each corresponding price level.
6. The method of claim 1 , further comprising:
determining a total position taken for each of the plurality of price levels, wherein the total position taken is a summation of positions taken for each of the number of effective trades initiated at the particular price level.
7. The method of claim 1 , further comprising:
displaying a last trade price indicator in relation to the price axis including the plurality of price levels.
8. The method of claim 1 , wherein the trading device is a client device.
9. The method of claim 1 , wherein the trading device is in communication with at least one of a gateway and a server.
10. The method of claim 1 , wherein the designated price is the price of the first order.
11. The method of claim 1 , wherein the effective trade is associated with a designated side, wherein the side is a buy or a sell.
12. The method of claim 11 , wherein the designated side is a buy when the first order is a buy order.
13. The method of claim 11 , wherein the designated side is a sell when the first order is a sell order.