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 On-line transaction processing system for security trading

Details
Inventors: Martyn, Peter; DeNat, Mark; Hall, Diane Geberth; Slomowitz, Ira; Franke, Maureen; Pang, Mei; Flynn, Edward; Waldo, Mike; Sweet, Pam; Coords, Deane;
Assignee: The Nasdaq Stock Market, Inc. (Washington, DC)
Primary Examiner: Cosimano; Edward R.
Assistant Examiner: Hayes; John W.
Attorney, Agent or Firm: Fish & Richardson P.C.

A data processing system provides an interface with a securities exchange system over which securities are traded. The system allows a user to configure displays tailored for specific functions and to show displays for a particular security. The user may also view a display showing information about selected securities, monitor trade activity, participate in a trade, and report trades. In addition, a user may display information for a selected set of securities on a continuously updated basis and can easily select from a displayed list, a desired security and certain information and functions associated with the selected security.

DETAILED DESCRIPTION To achieve the objects and in accordance with the purpose of the invention embodied and broadly described herein, the present invention includes a method of customizing the displays according to this invention that operates in a data processing system providing a user an interface with a securities exchange system over which securities are traded.
A system display database contains information to be shown in system displays that show information about the securities exchange system.
The method comprises the steps, implemented by the data processing system, of: receiving from a user a first input requesting a maintenance display indicating which system display shows information about a desired security; displaying, in response to the first input, the maintenance display; receiving a second input from the user indicating a change in the system display that shows the information about the desired security; and updating the system display database to reflect the changes indicated by the second input.
Another method according to this invention of providing information on a desired security uses a data processing system providing a user interface with a securities exchange system for trading securities.
The users trade securities that have an associated set of information.
The method comprises the steps, implemented by the data processing system, of: receiving, from a user a first input requesting a display for the desired security, the display containing a predetermined subset of information selected from the set of information associated with the desired security; displaying the display containing a predetermined subset of information for the desired security; receiving a second input from the user specifying a trade of the desired security; executing the trade; and reporting the trade to the securities exchange system.
Yet another method of providing information on selected securities according to this invention also operates in a data processing system providing an interface with a securities exchange system for trading securities in which users trade securities according to offers and bids



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