Systems and methods for providing a trading interface with advanced features

Abstract

Systems and methods for a trading interface with advanced features are provided. Using these systems and methods, a user may create orders, manipulate orders, cancel orders, configure alternative keyboard settings, and/or obtain additional information on transactions. When a user clicks on a bid and/or offer, a dialog box may pop-up, thereby providing the user with multiple options. To enable customization of the keyboard settings to a user's preference, a keyboard settings feature is provided. Users may also be provided with additional information relating to the user's wish to transact.

What is claimed is:  
     
         1 . A method for editing an order in an electronic trading system, wherein the order comprises one of a bid, an offer, a buy, and a sell, the method comprising: 
 receiving an order command;    submitting the order corresponding to the order command;    receiving a selection of the order;    in response to receipt of the selection of the order, presenting an interactive data display that allows a user to modify the order; and    submitting the order as modified.    
     
     
         2 . The method of  claim 1 , wherein the interactive data display is a dialog window.  
     
     
         3 . The method of  claim 1 , further comprising displaying current bid and offer data.  
     
     
         4 . The method of  claim 3 , wherein the current bid and offer data is displayed in a spread sheet.  
     
     
         5 . The method of  claim 3 , wherein the current bid and offer data is displayed in a data window.  
     
     
         6 . The method of  claim 3 , wherein the current bid and offer data is displayed in a web page.  
     
     
         7 . The method of  claim 1 , wherein receiving a selection is received as a keyboard entry.  
     
     
         8 . The method of  claim 1 , wherein receiving a selection is received as a mouse entry.  
     
     
         9 . The method of  claim 1 , wherein presenting an interactive data display that allows the user to modify the order further comprises presenting an interactive data display that allows the user to cancel the order.  
     
     
         10 . The method of  claim 1 , wherein presenting an interactive data display that allows the user to modify the order further comprises presenting an interactive data display that allows the user to change the price of the selection.  
     
     
         11 . The method of  claim 1 , wherein presenting an interactive data display that allows the user to modify the order further comprises presenting an interactive data display that allows the user to change the size of the selection.  
     
     
         12 . The method of  claim 1 , further comprising: 
 allowing a user to configure at least one keyboard setting of a plurality of keyboard settings; and    allowing the user to save the at least one keyboard setting of the plurality of keyboard settings.    
     
     
         13 . The method of  claim 12 , further comprising saving a default keyboard setting.  
     
     
         14 . The method of  claim 13 , wherein saving is performed automatically.  
     
     
         15 . The method of  claim 12 , further comprising allowing the user to associate a function with at least one keyboard key.  
     
     
         16 . The method of  claim 12 , further comprising allowing the user to select a keyboard setting.  
     
     
         17 . A method for allowing a user to configure a keyboard setting of a plurality of keyboard settings for an electronic trading system, the method comprising: 
 selecting the keyboard setting of a plurality of keyboard settings;    allowing the user to associate a trading function with at least one keyboard key; and    allowing the user to save the keyboard setting.    
     
     
         18 . The method of  claim 17 , further comprising saving a default keyboard setting.  
     
     
         19 . The method of  claim 18 , wherein saving is performed automatically.  
     
     
         20 . The method of  claim 17 , further comprising providing the user with the capability to view a plurality of keyboard settings  
     
     
         21 . A method for determining the desire of a user to transact, comprising: 
 detecting a submission of a bid from a first user via a first trading interface, wherein the submission comprises a price and a size;    detecting a submission of an offer from a second user via first trading interface, wherein the submission comprises a price and a size;    detecting a transaction between the first user and the second user, wherein the transaction comprises a transaction price;    calculating the information relating to the desire of the user to transact; and    displaying the information in an interactive data display.    
     
     
         22 . The method of  claim 21 , further comprising displaying a green arrow in the display when the size of the bid from the first user is greater than the size of the offer from second user.  
     
     
         23 . The method of  claim 21 , further comprising displaying a red arrow in the display when the size of the offer from the second user is greater than the size of the bid from the firs t user.  
     
     
         24 . The method of  claim 21 , further comprising displaying a down arrow in the display when the transaction price is equivalent to the price of the bid.  
     
     
         25 . The method of  claim 21 , further comprising displaying an up arrow in the display when the transaction price is equivalent to the price of the offer.  
     
     
         26 . The method of  claim 21 , further comprising displaying a yellow arrow in the display when at least one bid and offer is not detected.  
     
     
         27 . The method of  claim 26 , wherein the yellow arrow is an up arrow when at least one bid has not been detected.  
     
     
         28 . The method of  claim 26 , wherein the yellow arrow is a down arrow when at least one offer has not been detected.  
     
     
         29 . A system for editing an order in an electronic trading system, wherein the order comprises one of a bid, an offer, a buy, and a sell, comprising: 
 a user computer configured to: 
 receive an order command;  
 submit the order corresponding to the order command; and  
 receive a selection of the order; and  
   a trading server configured to: 
 present an interactive data display that allows a user to modify the order; and  
 direct the user computer to submit the order as modified.  
   
     
     
         30 . The system of  claim 29 , wherein the interactive data display is a dialog window.  
     
     
         31 . The system of  claim 29 , wherein the trading server is further configured to display current bid and offer data.  
     
     
         32 . The system of  claim 31 , wherein the current bid and offer data is displayed in a spread sheet.  
     
     
         33 . The system of  claim 31 , wherein the current bid and offer data is displayed in a data window.  
     
     
         34 . The system of  claim 31 , wherein the current bid and offer data is displayed in a web page.  
     
     
         35 . The system of  claim 29 , wherein the user computer is further configured to receive the selection of the order by a keyboard entry.  
     
     
         36 . The system of  claim 29 , wherein the user computer is further configured to receive the selection of the order by mouse entry.  
     
     
         37 . The system of  claim 29 , wherein the trading system is further configured to present an interactive data display that allows the user to cancel the order.  
     
     
         38 . The system of  claim 29 , wherein the trading system is further configured to present an interactive data display that allows the user to change the price of the selection.  
     
     
         39 . The system of  claim 29 , wherein the trading system is further configured to present an interactive data display that allows the user to change the size of the selection.  
     
     
         40 . The system of  claim 29 , wherein the trading system is further configured to: 
 allow a user to configure at least one keyboard setting of a plurality of keyboard settings; and    allow the user to save the at least one keyboard setting of the plurality of keyboard settings.    
     
     
         41 . The system of  claim 40 , wherein the trading system is further configured to save a default keyboard setting.  
     
     
         42 . The system of  claim 40 , wherein the trading system is further configured to automatically save a default keyboard setting.  
     
     
         43 . The system of  claim 40 , wherein the trading system is further configured to allow the user to associate a function with at least one keyboard key.  
     
     
         44 . The system of  claim 40 , wherein the trading system is further configured to allow the user to select a keyboard setting.  
     
     
         45 . A system for allowing a user to configure a keyboard setting of a plurality of keyboard settings for an electronic trading system, comprising: 
 a user computer configured to receive a selection of the keyboard setting of the plurality of keyboard settings; and    a trading system configured to: 
 associate a trading function with at least one keyboard key; and  
 save the keyboard setting.  
   
     
     
         46 . The system of  claim 45 , wherein the trading system is further configured to save a default keyboard setting.  
     
     
         47 . The system of  claim 45 , wherein the trading system is further configured to automatically save a default keyboard setting.  
     
     
         48 . The system of  claim 45 , wherein the trading system is further configured to provide the user with the capability to view a plurality of keyboard settings.  
     
     
         49 . A system for determining the desire of a user to transact, comprising: 
 a trading system configured to: 
 detect submission of a bid from a first user via a first trading interface, wherein the submission comprises a price and a size;  
 detect a submission of an offer from a second user via first trading interface, wherein the submission comprises a price and a size;  
 detect a transaction between the first user and the second user, wherein the transaction comprises a transaction price;  
 calculate the information relating to the desire of the user to transact; and  
 display the information in an interactive data display.  
   
     
     
         50 . The system of  claim 49 , wherein the trading system is further configured to display a green arrow in the display when the size of the bid from the first user is greater than the size of the offer from second user.  
     
     
         51 . The system of  claim 49 , wherein the trading system is further configured to display a red arrow in the display when the size of the offer from the second user is greater than the size of the bid from the first user.  
     
     
         52 . The system of  claim 49 , wherein the trading system is further configured to display a down arrow in the display when the transaction price is equivalent to the price of the bid.  
     
     
         53 . The system of  claim 49 , wherein the trading system is further configured to display an up arrow in the display when the transaction price is equivalent to the price of the offer.  
     
     
         54 . The system of  claim 49 , wherein the trading system is further configured to display a yellow arrow in the display when at least one bid and offer is not detected.  
     
     
         55 . The system of  claim 49 , wherein the trading system is further configured to display a yellow and up arrow when at least one bid has not been detected.  
     
     
         56 . The system of  claim 49 , wherein the trading system is further configured to display a yellow and down arrow when at least one offer has not been detected.