US2017372425A1PendingUtilityA1

Speed Adjustable and Reversible Tool for Slicer Orders

Assignee: TRADING TECHNOLOGIES INT INCPriority: Dec 20, 2012Filed: Aug 23, 2017Published: Dec 28, 2017
Est. expiryDec 20, 2032(~6.4 yrs left)· nominal 20-yr term from priority
G06Q 40/04
58
PatentIndex Score
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Claims

Abstract

The disclosure generally relates to a speed adjustable and reversible tool for slicer orders. In an example, a user command is received to adjust one or more parameters of a slicer order that has been submitted for trading or otherwise includes one or more child order to be submitted for trading. A user input device, or controller may be used to receive the command, such as by sliding one or more sliders along a range to affect adjustment of one or more corresponding parameters of the slicer order and/or child orders.

Claims

exact text as granted — not AI-modified
1 . (canceled) 
     
     
         2 . A method comprising:
 displaying, by a display device of a computing device, a graphical user interface having a slicer controller slider for controlling a slicer order, the slicer controller slider being moveable along an adjustment range having a first range for increasing the execution of a slicer order by linearly increasing a speed of submission to an electronic exchange of a plurality of child orders of the slicer order and a second range for decreasing the execution of the slicer order by linearly decreasing the speed of submission to the electronic exchange of the plurality of child orders of the slicer order.   
     
     
         3 . The method of  claim 2  further comprising:
 receiving, by the user interface slicer controller slider of the computing device, a user input to move the slicer controller slider the first range; and 
 in response to receiving the user input:
 adjusting, by the computing device, at least one of the time interval between submissions of the plurality of child orders and the quantity of each child order, where the time interval is decreased and the quantity of at least one child order is increased, and 
 submitting, by the computing device, the plurality of child orders to the electronic exchange according to the adjusted at least one of the time interval and the quantity of each child order. 
 
 
     
     
         4 . The method of  claim 3  where at least one child order of the plurality of child orders is submitted to the electronic exchange substantially immediately in response to a receiving the user input. 
     
     
         5 . The method of  claim 3  further comprising:
 monitoring a user defined condition in response to receiving the user input; and 
 submitting at least one child order of the plurality of child order to the electronic exchange according to monitoring the user-defined condition. 
 
     
     
         6 . The method of  claim 2  further comprising:
 receiving, by the user interface slicer controller slider of the computing device, a user input to move the slicer controller slider the second range; and 
 in response to receiving the user input:
 adjusting, by the computing device, at least one of the time interval between submissions of the plurality of child orders and the quantity of each child order, where the time interval is increased and the quantity of at least one child order is decreased, and 
 submitting, by the computing device, the plurality of child orders to the electronic exchange according to the adjusted at least one of the time interval and the quantity of each child order. 
 
 
     
     
         7 . The method of  claim 6  where at least one child order of the plurality of child orders is submitted to the electronic exchange substantially immediately in response to a receiving the user input. 
     
     
         8 . The method of  claim 6  further comprising:
 monitoring a user defined condition in response to receiving the user input; and 
 submitting at least one child order of the plurality of child order to the electronic exchange according to monitoring the user-defined condition. 
 
     
     
         9 . The method of  claim 2  where the slicer order comprises any of a time slicer order, volume slicer order, a duration order and a combination thereof. 
     
     
         10 . A non-transitory tangible computer readable medium having instructions stored thereon that when executed by a processor cause the processor to execute acts comprising:
 displaying, by a display device of a computing device, a graphical user interface having a slicer controller slider for controlling a slicer order, the slicer controller slider being moveable along an adjustment range having a first range for increasing the execution of a slicer order by linearly increasing a speed of submission to an electronic exchange of a plurality of child orders of the slicer order and a second range for decreasing the execution of the slicer order by linearly decreasing the speed of submission to the electronic exchange of the plurality of child orders of the slicer order.   
     
     
         11 . The non-transitory tangible computer readable medium of  claim 10  where the acts further comprise:
 receiving, by the user interface slicer controller slider of the computing device, a user input to move the slicer controller slider the first range; and 
 in response to receiving the user input:
 adjusting, by the computing device, at least one of the time interval between submissions of the plurality of child orders and the quantity of each child order, where the time interval is decreased and the quantity of at least one child order is increased, and 
 submitting, by the computing device, the plurality of child orders to the electronic exchange according to the adjusted at least one of the time interval and the quantity of each child order. 
 
 
     
     
         12 . The non-transitory tangible computer readable medium of  claim 11  where at least one child order of the plurality of child orders is submitted to the electronic exchange substantially immediately in response to a receiving the user input. 
     
     
         13 . The non-transitory tangible computer readable medium of  claim 11  where the acts further comprise:
 monitoring a user-defined condition in response to receiving the user input; and 
 submitting at least one child order of the plurality of child order to the electronic exchange according to monitoring the user-defined condition. 
 
     
     
         14 . The non-transitory tangible computer readable medium of  claim 10  where the acts further comprise:
 receiving, by the user interface slicer controller slider of the computing device, a user input to move the slicer controller slider the second range; and 
 in response to receiving the user input:
 adjusting, by the computing device, at least one of the time interval between submissions of the plurality of child orders and the quantity of each child order, where the time interval is increased and the quantity of at least one child order is decreased, and 
 submitting, by the computing device, the plurality of child orders to the electronic exchange according to the adjusted at least one of the time interval and the quantity of each child order. 
 
 
     
     
         15 . The non-transitory tangible computer readable medium of  claim 14  where at least one child order of the plurality of child orders is submitted to the electronic exchange substantially immediately in response to a receiving the user input. 
     
     
         16 . The non-transitory tangible computer readable medium of  claim 14  where the acts further comprise:
 monitoring a user-defined condition in response to receiving the user input; and 
 submitting at least one child order of the plurality of child order to the electronic exchange according to monitoring the user-defined condition. 
 
     
     
         17 . The non-transitory tangible computer readable medium of  claim 10  where the slicer order comprises any of a time slicer order, volume slicer order, a duration order and a combination thereof.

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