Trade Action Cell Merging Initiation and Confirmation
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Solution Overview
Problem
In electronic trading systems, the need for a separate confirmation window increases the time taken to place orders, as traders must move their cursor from the trade action cell to confirm actions, potentially leading to mistakes and reducing speed advantages.
Innovation Solution
A trade action cell is used both to initiate and confirm trade actions, with a delay period followed by a confirmation period during which the same cell can be selected for confirmation, eliminating the need for a separate confirmation window.
Engineering Contradictions & Design Principles
Engineering Contradiction Analysis
1Reliability
If a separate confirmation window is used to confirm trade actions, then confirmation reliability is improved, but trading speed deteriorates due to cursor movement time
Solution Approach 1:
The patent combines the trade action cell and confirmation function into a single interface element. The same cell that initiates the trade action also serves as the confirmation target, eliminating the need for a separate confirmation window and cursor movement, thus resolving the contradiction between confirmation reliability and trading speed.
2Reliability
If a separate confirmation window is used, then error prevention is improved, but time consumption increases
Solution Approach 1:
By merging the confirmation function into the trade action cell itself, the system eliminates the additional time required to move to and interact with a separate confirmation window, while still maintaining error prevention through the requirement of a second click action.
3Speed
If the same trade action cell is used for both initiation and confirmation, then trading speed is improved, but device complexity increases due to state management requirements
Solution Approach 1:
The system performs a preliminary action by changing the visual state of the trade action cell when first clicked, indicating that confirmation is pending. This preliminary state change simplifies the overall complexity by providing clear visual feedback and structured state management, rather than requiring complex coordination between separate windows and cursor tracking.
Data Source
AI summary
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.