System and method for displaying a combined trading and risk management gui display

Abstract

A graphic user interface is disclosed that combines a traditional trading, bookkeeping system or clearing system window with a detailed margin and/or collateral asset calculation analysis window on a single screen. The disclosed GUI provides the flexibility to analyze any combination of products or instrument classes such as single stock futures, futures (of all types), options (of all types), forward contracts, security options, securities and cash-based assets. Conventional systems merely block entry of orders beyond a predetermined credit limit or display clearing/bookkeeping information on all types of portfolio or accounts. The disclosed GUI, in an automated real-time or manual execution control basis, provide the user useful information (all types of numerical and/or graphical display) concerning which products contribute to and how much each product position contribute to the margin limits on, for example, multiple levels; all types of product level, product period (duration) level, account level and clearing level, etc. In one embodiment, the margin window may include a “what if” Scenario Panel and an “Actuals” Margin Analysis Panel. This Scenario Panel allows the user to experiment with “what-if” scenarios in real time or on an as-needed basis. This allows the user to better assess the changes an “actual” position(s) or “what-if” position(s) may have on the margin requirements on all account level types. Further, the actual panel displays the account's actual positions and the associated contributions each position has to that account's margin requirements.

We claim: 
     
         1 . A computer implemented method for calculating and presenting a margin analysis to a user trading products on an exchange, the method comprising:
 monitoring, by a processor, the user's trading activity on the exchange for a time period and generating first data representative thereof, the user's trading activities including activities related to a portfolio comprising at least one product and at least one position associated therewith;   correlating, by the processor, the monitored activity with an assessment of risk;   computing, by the processor, a margin requirement based on the portfolio and the assessed risk,   generating, by the processor, second data representative of the contributions of the user's trading activities to the margin requirement;   generating, by the processor, third data representative of collateral allocated or available to be used to satisfy the margin requirement and facilitating a correlation of the collateral with the at least one position to determine one or more adjustments to the margin requirement based thereon;   generating, by the processor, fourth data representative of one or more hypothetical margin requirements based on the portfolio, the assessed risk and a plurality of variables selected by the user;   displaying, by the processor, the first data in a trading information interface, the second data in a margin information interface, the third data in a collateral valuation interface, and the fourth data in a hypothetical scenario interface; and   presenting, by the processor, the trading information interface juxtaposed with the margin information interface to the user and updating the margin information interface in response to changes in the user's trading activities in real time so as to display the effect thereof on the margin requirement.   
     
     
         2 . The computer implemented method of  claim 1  further comprising presenting the margin information interface juxtaposed with the collateral valuation interface. 
     
     
         3 . The computer implemented method of  claim 1  further comprising presenting the margin information interface juxtaposed with the hypothetical scenario interface. 
     
     
         4 . The computer implemented method of  claim 1  wherein the trading information interface comprises at least one of a trading window, a bookkeeping window, a clearing window, or combinations thereof. 
     
     
         5 . The computer implemented method of  claim 1  wherein the second data may be selectively displayed based on a status of the at least one product, the at least one position, or combinations thereof. 
     
     
         6 . The computer implemented method of  claim 5  wherein the status may include one of product type, product period, account, or clearing. 
     
     
         7 . The computer implemented method of  claim 1  wherein the displaying of the second data in the margin information interface further comprises displaying the second data in a graphical format. 
     
     
         8 . The computer implemented method of  claim 1 , further comprising displaying, in a collateral information interface, data representative of at least one of account level of collateral on deposit, ledger balance, open trade equity, updated information of margin in excess or deficit, or combinations thereof. 
     
     
         9 . The computer implemented method of  claim 1 , wherein the presenting further comprises presenting the trading information interface and the margin information interface on a wired device. 
     
     
         10 . The computer implemented method of  claim 1 , wherein the presenting further comprises presenting the trading information interface and the margin information interface on a wireless device. 
     
     
         11 . The computer implemented method of  claim 1 , further comprising interacting audibly, via an audio interface, with a user. 
     
     
         12 . The computer implemented method of  claim 11 , wherein the audio interface is further operative to generate at least one of an audible alert, audible message, audible prompts, or combinations thereof. 
     
     
         13 . The computer implemented method of  claim 1 , wherein the displaying further comprises displaying with an appearance capable of being perceived by a user as being substantially three-dimensional. 
     
     
         14 . The computer implemented method of  claim 1 , wherein the at least one product is two products and the hypothetical scenario interface simultaneously displays portfolio exposure based the plurality of variables in the two products. 
     
     
         15 . The computer implemented method of  claim 1 , wherein the hypothetical scenario comprises a plurality of input controls configured to receive the plurality of variables. 
     
     
         16 . A system for calculating and presenting a margin analysis to a user trading products on an exchange, the system comprising:
 a risk analysis engine including a processor operative to executed computer executable program code to cause the processor to:
 monitor the user's trading activity on the exchange for a time period and generate first data representative thereof, the user's trading activities including activities related to a portfolio comprising at least one product and at least one position associated therewith; 
 correlate the monitored activity with an assessment of risk; 
 compute a margin requirement based on the portfolio and the assessed risk, 
 generate second data representative of the contributions of the user's trading activities to the margin requirement; 
 generate third data representative of collateral allocated or available to be used to satisfy the margin requirement and facilitate a correlation of the collateral with the at least one position to determine one or more adjustments to the margin requirement based thereon; 
 generate fourth data representative of one or more hypothetical margin requirements based on the portfolio, the assessed risk and a plurality of variables selected by the user; 
 display the first data in a trading information interface, the second data in a margin information interface, the third data in a collateral valuation interface, and the fourth data in a hypothetical scenario interface; and 
 present the trading information interface juxtaposed with the margin information interface to the user and updating the margin information interface in response to changes in the user's trading activities in real time so as to display the effect thereof on the margin requirement. 
   
     
     
         17 . The system of  claim 16  wherein the computer executable program code is further executable by the processor to cause the processor to present the margin information interface juxtaposed with the collateral valuation interface. 
     
     
         18 . The system of  claim 16  wherein the computer executable program code is further executable by the processor to cause the processor to present the margin information interface juxtaposed with the hypothetical scenario interface. 
     
     
         19 . The system of  claim 16  wherein the trading information interface comprises at least one of a trading window, a bookkeeping window, a clearing window, or combinations thereof. 
     
     
         20 . The system of  claim 16  wherein the second data may be selectively displayed based on a status of the at least one product, the at least one position, or combinations thereof. 
     
     
         21 . The system of  claim 20  wherein the status may include one of product type, product period, account, or clearing. 
     
     
         22 . The system of  claim 16  wherein the display of the second data in the margin information interface further comprises a display of the second data in a graphical format. 
     
     
         23 . The system of  claim 16 , wherein the computer executable program code is further executable by the processor to cause the processor to display, in a collateral information interface, data representative of at least one of account level of collateral on deposit, ledger balance, open trade equity, updated information of margin in excess or deficit, or combinations thereof. 
     
     
         24 . The system of  claim 16 , wherein the trading information interface and the margin information interface are presented on a wired device coupled with the processor. 
     
     
         25 . The system of  claim 16 , wherein the trading information interface and the margin information interface are presented on a wireless device coupled with the processor. 
     
     
         26 . The system of  claim 16 , wherein the computer executable program code is further executable by the processor to cause the processor to interact audibly, via an audio interface, with a user. 
     
     
         27 . The system of  claim 26 , wherein the audio interface is further operative to generate at least one of an audible alert, audible message, audible prompts, or combinations thereof. 
     
     
         28 . The system of  claim 16 , wherein the computer executable program code is further executable by the processor to cause the processor to display the first or second data with an appearance capable of being perceived by a user as being substantially three-dimensional. 
     
     
         29 . The system of  claim 16 , wherein the at least one product is two products and the hypothetical scenario interface simultaneously displays portfolio exposure based the plurality of variables in the two products. 
     
     
         30 . The system of  claim 16 , wherein the hypothetical scenario comprises a plurality of input controls configured to receive the plurality of variables. 
     
     
         31 . A computer implemented method for calculating and presenting a margin analysis to a user trading products on an exchange, the method comprising:
 monitoring, by a processor, the user's trading activity on the exchange for a time period and generating first data representative thereof, the user's trading activities including activities related to a portfolio comprising at least one product and at least one position associated therewith, correlating the monitored activity with an assessment of risk, and computing a margin requirement based on the portfolio and the assessed risk,   generating, by the processor, second data representative of the contributions of the user's trading activities to the margin requirement and third data representative of one or more hypothetical margin requirements based on the portfolio, the assessed risk and a plurality of variables selected by the user;   displaying, by the processor, the first data in a trading information interface, the second data in a margin information interface, the third data in a hypothetical scenario interface; and   presenting, by the processor, the trading information interface juxtaposed with the margin information interface to the user and updating the margin information interface in response to changes in the user's trading activities in real time so as to display the effect thereof on the margin requirement.