Trading Interface Chart Grid Integration
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Solution Overview
Problem
In electronic trading, traders face challenges in simultaneously analyzing market conditions and entering orders efficiently due to the need to switch between different interfaces and the difficulty in relating chart data to trading interfaces, which often use different scales.
Innovation Solution
A trading interface is developed that integrates a market grid region and a chart region, allowing simultaneous use for order entry and market analysis, with a slider functionality to adjust the price levels and maintain a one-to-one relationship between the two regions, enabling traders to easily position orders relative to price levels and chart patterns.
Engineering Contradictions & Design Principles
Engineering Contradiction Analysis
1Reliability
If traders use separate chart application interfaces to analyze market conditions, then market analysis capability is improved, but time consumption increases due to switching between interfaces
Solution Approach 1:
The patent combines the chart display functionality with the trading interface into a single integrated system. The chart region is embedded within the trading interface, allowing traders to view market data and place orders without switching between separate applications. This merging eliminates the time loss associated with interface switching while maintaining full market analysis capability through the integrated chart display.
2Measurement precision
If charts display more price levels to show entire chart range, then chart analysis accuracy is improved, but difficulty in relating chart data to trading interface increases due to different scales
Solution Approach 1:
The patent implements dynamic scaling of the chart region based on user interaction. When users zoom in or out using mouse wheel or other input devices, the chart automatically adjusts its price level display to maintain appropriate detail while keeping the trading interface scale consistent. This dynamic adjustment allows the chart to show detailed price levels when needed while maintaining alignment with the trading interface scale, eliminating the difficulty of relating data between different scales.
3Manufacturing precision
If traders switch between trading interface and chart application to place orders and analyze markets, then order entry accuracy is improved, but productivity decreases due to frequent switching
Solution Approach 1:
The patent merges the order entry functionality directly into the chart display region. Traders can place orders by interacting with the chart itself (e.g., clicking on price levels or using on-chart order entry tools) rather than switching to a separate trading interface. This integration maintains order entry accuracy while significantly improving productivity by eliminating the need to switch between applications during the trading process.
Data Source
AI summary
A graphical interface and method are provided for displaying market information corresponding to a tradeable object. One graphical interface includes a chart region for displaying historical market data in relation to a first value axis, and a market grid region in alignment with the chart region. The market grid region comprises a plurality of areas for receiving commands from a user input device to send trade orders, and the areas are displayed in relation to a second value axis. A plurality of values displayed along the second value axis is a subset of values displayed in relation to the first value axis, and can be modified to a new plurality of values that corresponds to a new subset of values on the first value axis.