Patent ID: 7685042
Filing Date: 2010-03-23
Classification: G06Q

Abstract:
1. A method for market pattern recognition in an electronic trading environment, the method comprising: displaying a chart representing market data related to a tradeable object being traded at an electronic exchange via an output associated with a trading device; detecting an order being entered by a trader to buy or sell the tradeable object via the trading device; responsive to the order being entered, automatically marking the chart to define a start of a marked portion of the chart to be analyzed via the trading device; responsive to detecting a fill related to the order, marking the chart to define an end of the marked portion of the chart to be analyzed via the trading device; searching for at least one chart pattern match similar to the marked portion of the chart using the market data displayed on the chart via the trading device; applying a chart pattern recognition analysis via the trading device on the at least one chart pattern match to determine at least one reoccurring chart pattern indicator that characterizes the marked portion of the chart and the at least one chart pattern match; and storing the at least one chart pattern match and the at least one reoccurring chart pattern indicator via the trading device.