Trading Interface Chart Grid Synchronization
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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, which often have different scales and formats, making it time-consuming and difficult to relate data between charts and trading interfaces.
Innovation Solution
A trading interface is designed with an integrated market grid region and chart region that allows simultaneous use for order entry and market analysis, featuring a slider functionality to adjust the range of price levels displayed, ensuring that traders can easily position orders relative to price levels and chart patterns, thereby enhancing decision-making and order placement precision.
Engineering Contradictions & Design Principles
Engineering Contradiction Analysis
1Difficulty of detecting and measuring
If traders use separate chart application interfaces to analyze market conditions, then market analysis capability is improved, but time consumption increases and operational efficiency deteriorates
Solution Approach 1:
The patent merges the chart display functionality with the trading interface by embedding a chart viewer within the trading interface window. This allows traders to view market charts and execute orders within a single integrated environment, eliminating the need to switch between separate applications and reducing time consumption while maintaining comprehensive market analysis capabilities.
Solution Approach 2:
The trading interface is designed to perform multiple functions simultaneously: displaying market charts, showing order book information, enabling order entry, and providing trading history. This multi-functional design consolidates what were previously separate tools into a single unified interface, improving operational efficiency without sacrificing analytical capabilities.
2Loss of information
If charts display more price levels to show entire chart range, then chart completeness is improved, but difficulty in relating chart data to trading interface increases
Solution Approach 1:
The patent introduces a price scale synchronization mechanism that acts as an intermediary between the chart display and the trading interface. This mechanism dynamically adjusts the price scale displayed on the chart to match the price scale of the trading interface, ensuring that price levels are consistently represented across both displays. This eliminates confusion and makes it easy for traders to relate chart data to order entry fields.
Solution Approach 2:
The system dynamically changes the price scale parameter of the chart display based on the trading interface's current settings. When traders adjust the price scale in the trading interface, the chart automatically updates its scale to match, maintaining consistent parameter representation across the integrated interface and simplifying data correlation.
3Difficulty of detecting and measuring
If traders switch between trading interface and chart application, then analysis perspective is improved, but operational speed decreases
Solution Approach 1:
By combining the chart viewer and trading interface into a single integrated window, the patent eliminates the physical action of switching between applications. Traders can maintain both chart analysis and order entry capabilities within the same visual environment, significantly improving operational speed while preserving multiple analysis perspectives through the embedded chart display.
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.