Order Entry Actions
Various embodiments disclosed herein relate to order entry. In the electronic trading process, order entry involves setting one or more order entry parameters, sending one or more order entry parameters, or both setting and sending one or more order entry parameters. As will be described in more detail below, various order entry actions, such as moving a cursor across an order entry line, moving a cursor into an order entry region, pressing an order entry button, or performing a gesture, may be used to trigger the setting, sending, or both setting and sending of one or more order entry parameters. At least some embodiments relate to enabling an order entry action before the order entry action is able to set, send, or both set and send one or more order entry parameters.
1 . (canceled)
2 . A system including:
a trading device including a processor and a memory storing instructions executable by the processor, wherein the trading device is configured to:
display a graphical user interface a first order entry line, wherein the first order entry line is associated with a first value, wherein the first order entry line overlays a first region of a trading screen;
display on the graphical user interface a second order entry line, wherein the second order entry line is associated with a second value, wherein the second order entry line overlays a second region of the trading screen;
detect a user input via a user input device to move a cursor displayed on the graphical user interface across the first order entry line and the second order entry line without operation of an order entry button of the user input device;
set, in response to detecting the user input, a first order entry parameter to the first value associated with the first order entry line;
set, in response to detecting the user input, a second order entry parameter to the second value associated with the second order entry line; and
send, the set first and second order entry parameters to an electronic exchange.
3 . The system of claim 2 , wherein the first region is a boundary of a column of the trading screen, and wherein the first value is associated with the column of the trading screen.
4 . The system of claim 3 , wherein the column is one of a bid column and an ask column.
5 . The system of claim 4 , wherein the first value represents a buy when the column is the bid column, and wherein the first value represents a sell when the column is the ask column.
6 . The system of claim 2 , wherein the second region is a boundary of a region in a column of the trading screen, and wherein the second value is associated with the region in the column of the trading screen.
7 . The system of claim 6 , wherein the region in the column corresponds to a price level,
8 . The system of claim 7 , wherein the second value is based on the price level corresponding to the region in the column.
9 . The system of claim 2 , wherein the first region of the trading screen overlays the second region of the trading screen.
10 . The system of claim 2 , wherein the user input is a gestural input.
11 . The system of claim 2 , wherein the trading device is further configured to:
receive by the trading device a command to enable detection of the user input.
12 . The system of claim 2 , wherein the trading device is further configured to:
monitor by the trading device the cursor, wherein detecting the user input is based on the monitoring of the cursor.
13 . The system of claim 2 , wherein the trading device is further configured to:
send by the trading device, in response to receiving the user input, an order to an exchange system, wherein the order is based on the first order entry parameter and the second order entry parameter.