PATENT CLAIM ANALYSIS

Application Number: 16299739
Application Type: Utility
Filing Date: 2019-03
Publication Date: 2019-07
Patent Classification: ["705", "037000"]

Abstract:
A versatile and efficient electronic spread trading tool to be used when buying and selling comparable commodities either simultaneously or in conjunction with one another. The spread trading tool involves a method of displaying, on an electronic display device, the market depth of a plurality of commodities including an anchor commodity and a non-anchor commodity, where the method includes dynamically displaying a plurality of bids and asks in the market for the commodities, statically displaying prices corresponding to those plurality of bids and asks, where the bids and asks are displayed in alignment with the prices corresponding thereto, displaying an anchor visual indicator corresponding to and in alignment with a desired price level of the anchor commodity, displaying a price level indicator corresponding to and in alignment with a price level of the non-anchor commodity. Based on an unhedged position, and taking into account the parameters and spread price point values, as determined by the trader, price level indicators are calculated and displayed, which provide a visual representation of where the trader should buy and sell the applicable commodities. The price level for the price level indicator in the non-anchor commodity is determined based upon said desired price level of the anchor commodity. The price level indicator also includes a first visual indicator corresponding to and in alignment with a first price level of the non-anchor commodity and a second visual indicator corresponding to and in alignment with a second price level of the non-anchor commodity.

Claim (Index 9):
The computer readable medium of  claim 2 , wherein the best ask indicator represents the trading strategy best ask quantity.

Metadata:
- Claim Count in Document: 51.0
- Percentile: 99.0
- Lexical Diversity: 2.84783
- Patent Class: 705.0
- Transitional Phrase Type: none
- Component Type: 0
- Foreign Priority: False
- Related Applications: ['11454888', '09880078', '11415177', '14033825', '12543315']

Analysis Scores:
- 35 USC 101 Eligibility (BERT): 0.178451741359181
- 35 USC 102 Novelty (BERT): 0.6084519599762209
- Combined Prediction Score: 0.2214517632208849
- Mean Citation Score: 571.467576
- Max Citation Score: 603.62573
- Similarity Product: 463.5537307547242

Labels:
- Claim Label 101: 0
- Claim Label 102: 1
- Claim Label 103: 1
- Claim Label 112: 0
- Combined Label: 0
- Label 101 Adjusted: 0

Dataset: test