WO2024015479A1

WO2024015479A1 - Financial transaction user interface

Info

Publication number: WO2024015479A1
Application number: PCT/US2023/027554
Authority: WO
Inventors: Michael J MESCHER; Larry Richards
Original assignee: Gammon Capital Llc
Priority date: 2022-07-12
Filing date: 2023-07-12
Publication date: 2024-01-18

Abstract

A user device is configured to display a user interface including a price chart and a plurality of user interface elements. Each user interface element is associated with an investment product of a plurality of the investment products. Each user interface element of the plurality of user interface elements includes a bar having a gradient and at least one tick mark positioned on the bar. The user interface enables a user to select a first user interface element of the plurality of user interface elements, position the first user interface element on the price chart, and position the at least one tick mark. A server computer receives an identifier of the first user interface, a first position of the first user interface element on a horizontal axis of the price chart, wherein the horizontal axis represents time, and constructs a corresponding proposed financial transaction.

Description

FINANCIAL TRANSACTION USER INTERFACE

CROSS-REFERENCES TO RELATED APPLICATIONS

[0001] This application claims priority to U.S. Provisional Patent Application No. 63/466,443 entitled “FINANCIAL TRANSACTION USER INTERFACE WITH CHART TRADING” and filed on May 15, 2023 and U.S. Provisional Patent Application No.

63/388,565 entitled “FINANCIAL TRANSACTION USER INTERFACE” and filed on luly 12, 2022, which are hereby incorporated by reference

FIELD OF THE INVENTION

[0002] This disclosure relates systems and methods for the creation of a financial transaction or an order for a financial transaction with user-defined terms and, specifically, to a user interface enabling a user to customize terms to an investment product where the investment product is based on an underlying asset, which may include a virtual currency, a security, a commodity , and/or combinations thereof.

BACKGROUND OF THE INVENTION

[0003] Structured financial products offer investors potential returns or ranges of returns tied to the performance of underlying securities or assets such as indices, a basket of securities, a single security, options, commodities, currencies, etc. In some cases, such structured products may be tied to virtual currencies and can provide a mechanism for inventors to benefit from the growth in value of such underlying assets.

[0004] Structured product offerings can have defined levels of risk, return and maturity and are often used as a portfolio diversification strategy to include exposure to desired asset classes without direct investment on those asset classes. An investor with a relatively high-risk tolerance may choose to invest in a structured product that offer higher levels of risk and potential return. While a more risk intolerant investor may choose to invest in a different structured product that offers lower returns, but with a correspondingly lower risk of potential losses.

[0005] Typically, these structured products are offered as distinct packages in which the terms of the product are predefined by the entity offering the product. Investors typically have little ability to modify or customize the terms of such an investment. [0006] While there can be several benefits to these types of structured products, many investors as well as financial advisors shy away from structured products due to their relative complexities, which can result in a lack of understanding of how the structured products work and lack of understanding of the true risk profiles of these investments.

SUMMARY OF THE INVENTION

[0007] The present invention relates to systems and methods for the creation of financial transaction with user-defined terms and, specifically, to a user interface enabling a user to customize terms to an investment product where the investment product is based on an underlying asset, which may include a virtual currency, a security, commodities, and/or combinations thereof.

[0008] In some aspects, the techniques descnbed herein relate to a system, including: a product model database storing mathematical models defining a plurality of investment products, wherein each mathematical model is configured to define a profit/loss model for each investment product based upon at least a settlement date of the investment product and an investment product definition value; a user device configured to display a user interface including an investment product selection tool, a settlement date selection tool, an investment product definition selection tool, a summary region, and a graph output region; and a server computer configured to communicate via a communications network with the product model database and to: receive from the user device an indication of a selected investment product out of the plurality of investment products, receive from the user device a selected settlement date, where the selected settlement date is determined by a user of the user device modifying the settlement date selection tool of the user interface, receive from the user device a selected product definition value, where the selected product definition value is determined by a user of the user device modifying the investment product definition selection tool of the user interface, determine, using at least the selected investment product, the selected settlement date, and the selected product definition value, a profit/loss graph for the selected investment product, cause the user device to modify the graph output region of the user interface to display the profit/loss graph, and cause the user device to display a summary of the selected investment product in the summary region of the user interface.

[0009] In some aspects, the techniques described herein relate to a system, wherein the profit/loss models of each of the plurality of investment product define investment products with different risk profiles. [0010] In some aspects, the techniques described herein relate to a system, wherein the investment product definition selection tool is configured to allow the user of the user device to specify at least one of a downside protection value, an upside cap value, a capped loss value, and a downside inflection value for the selected investment product.

[0011] In some aspects, the techniques described herein relate to a system, wherein the user device is configured to display a second investment product definition selection tool in the user interface, the investment product definition selection tool allows the user to specify a downside protection value for the selected investment product and the second investment product definition selection tool allows the user to specify an upside cap value for the selected investment product.

[0012] In some aspects, the techniques described herein relate to a system, wherein the user device is configured to display a buy interface in the user interface that, when executed by the user of the user device, causes the server to execute a transaction via a financial transaction network to implement the selected investment product.

[0013] In some aspects, the techniques described herein relate to a system, wherein the financial transaction network enables transactions for virtual currency.

[0014] These and other features, aspects, and advantages of the present invention will become better understood upon consideration of the following detailed description, drawings, and appended claims.

BRIEF DESCRIPTION OF THE DRAWINGS

[0015] For a better understanding of the various described embodiments, reference should be made to the Description of Embodiments below, in conjunction with the following drawings in which like reference numerals refer to corresponding parts throughout the figures.

[0016] FIG. 1 depicts an illustrative virtual currency system.

[0017] FIG. 2 is a system diagram illustrating various functional components of the present system for constructing terms of a proposed financial transaction for an investment product.

[0018] FIG. 3 depicts a user interface that may be displayed on a user device to enable a user to select terms for an investment product.

[0019] FIG. 4A depicts the user interface of FIG. 3 in which the user has operated product selection tool to select a second type of investment product. [0020] FIG. 4B depicts the user interface of FIG. 3 in which the user has operated product selection tool to select a third type of investment product.

[0021] FIG. 4C depicts the user interface of FIG. 3 in which the user has operated product selection tool to select a fourth type of investment product.

[0022] FIG. 4D depicts the user interface of FIG. 3 in which the user has operated product selection tool to select a fifth type of investment product.

[0023] FIG. 4E depicts the user interface of FIG. 3 in which the user has operated product selection tool to select a sixth type of investment product.

[0024] FIG. 5 depicts a user interface that may be generated by a server to provide a dashboard or summary of user transactions.

[0025] FIG. 6 depicts a user interface element that may be displayed to provide a visual summary of the user's purchased investment products.

[0026] FIG. 7 depicts a user interface element that may be displayed to provide a visual summary of the user's investment holdings broken down by currency type. [0027] FIG. 8 depicts a display element for a user interface that can provide a summary listing of potential profits and losses for a given investment contract for a ranges of underlying asset prices.

[0028] FIG. 9 depicts a display element that may be incorporated into a user interface to provide a user with information summarizing details of a proposed transaction.

[0029] FIGS. 10A - 10D depict user interfaces configured to display information regarding a proposed financial transaction that incorporate the display element of FIG. 9.

DETAILED DESCRIPTION OF THE INVENTION

[0030] This disclosure and the various features and advantageous details thereof are explained more fully with reference to the non-limiting embodiments that are illustrated in the accompanying drawings and detailed in the following description. Descriptions of well- known components and equipment are omitted so as not to unnecessarily obscure the disclosure in detail. Skilled artisans should understand, however, that the detailed description and the specific examples, while disclosing preferred embodiments of the disclosure, are given by way of illustration only and not by way of limitation Various substitutions, modifications, additions, or rearrangements within the scope of the underlying inventive concept(s) will become apparent to those skilled in the art after reading this disclosure. [0031] It is to be understood that the invention may assume various alternative orientations, except where expressly specified to the contrary . It is also to be understood that the specific devices and processes illustrated in the attached drawings and described in the following specification are simply exemplary examples of the inventive concepts defined in the appended claims. Hence, specific physical characteristics and computing device configurations relating to the examples disclosed herein are not to be considered as limiting, unless the claims expressly state otherwise.

[0032] As required, detailed examples of the present invention are disclosed herein. However, it is to be understood that the disclosed examples are merely exemplar.- of the invention that may be embodied in various and alternative forms. The figures are not necessarily to a detailed design and some schematics may be exaggerated or minimized to show function overview. Therefore, specific structural and functional details disclosed herein are not to be interpreted as limiting, but merely as a representative basis for teaching one skilled in the art to variously employ the present invention.

[0033] In this document, relational terms, such as first and second, top and bottom, and the like, are used solely to distinguish one entity or action from another entity or action, without necessarily requiring or implying any actual such relationship or order between such entities or actions. The terms “comprises,” “comprising,” or any other variation thereof, are intended to cover a non-exclusive inclusion, such that a process, method, article, or apparatus that comprises a list of elements does not include only those elements but may include other elements not expressly listed or inherent to such process, method, article, or apparatus. An element preceded by “comprises . . . a” does not, without more constraints, preclude the existence of additional identical elements in the process, method, article, or apparatus that comprises the element.

[0034] As used herein, the term “and/or,” when used in a list of two or more items, means that any one of the listed items can be employed by itself, or any combination of two or more of the listed items can be employed. For example, if any assembly or composition is described as containing components A, B, and/or C, the assembly or composition can contain A alone; B alone; C alone; A and B in combination; A and C in combination; B and C in combination; or A, B, and C in combination.

[0035] In various embodiment, the present system and method are configured to enable a user to create and customize terms of a structured investment product or an order entry ticket for such a product, where a value of the investment product is tied to the value of particular underlying assets, such as virtual currencies, securities, commodities, and/or combinations thereof or various indexes that are themselves tied to the price of particular underlying assets. By manipulating a number of user interface components depicted on a suitably configured display screen, the user can modify aspects of the contracts, such as the settlement date for the investment product as well as downside protection and upside cap values. As the user modifies those input, the user interface may update, in substantially realtime, an easy-to-understand visual depiction of the so-modified contract and the resulting risk and return profile of that modified contract.

[0036] In this manner a user can, by manipulating a relatively small number of user interface elements, construct an easy-to-understand, yet sophisticated, investment product contract with a risk and return profile customized in accordance with the user's intent. The user interface is configured to provide a user-friendly depiction of the so-modified contract risk profile enabling the user to confidently execute the contract and purchase the investment product on the user's preferred terms.

[0037] In various embodiments, the present system and method are arranged to facilitate the creation of a customized investment product that is made with respect to the Bitcoin virtual currency. It will be appreciated, however, that the disclosed embodiments may be applicable to any virtual currency now available or later developed, or other virtual and/or non-virtual assets. Examples of other virtual currencies include, but are not limited to, Ethereum, Tether and the like.

[0038] FIG. 1 depicts an illustrative virtual currency system (e.g., Bitcoin). Disclosed systems and methods can be used to generate investment products that are tied to the Bitcoin virtual currency or derivatives thereof. The system 100 depicted in FIG. 1 includes a peer- to-peer network 110 over which client computers 120, 122, 124, 126 conduct transactions. The transactions between the client computers 120, 122, 124, 126 are recorded in block chain 160. Together, the client computers 120, 122, 124, 126 store a copy of the block chain 160, and as new transactions between the client computers 120, 122, 124, 126 take place, the block chain 160 is updated to record the new transactions. Client computers 120, 122, 124, 126 in the system 100 may store copies of the updated block chain locally.

[0039] The system 100 also includes mining computers 130, 132, 134, 150. As depicted in FIG. 1, mining computer 150 performs mining operations individually, while mining computers 130, 132, 134 combine computational resources and collectively operate as a mining pool 140. The mining computers 130, 132, 134, 150 can be configured to use a brute force search algorithm when attempting to create anew block for the block chain 160. This algorithm involves performing calculations that use every possible arbitrary number (nonce) in a random or sequential order, as well as altering other fields within the new block, to try and generate a valid cryptographic signature for anew block. The new block is created when a valid signature is found. As discussed above, the rate at which calculations are performed by a mining computer 130, 132, 134, 150 is referred to as the mining computer's hash rate. [0040] As mentioned above, mining computers 130, 132, 134, combine computational resources and collectively operate as a mining pool 140. By combining resources, the members of the mining pool 140 have a higher collective hash rate and a higher collective chance of collecting a reward than any of the individual members 130, 132, 134 would on their own. The mining pool 140 uses an algorithm to distribute a share of the collected rewards to each of the mining computers 130, 132, 134 in the mining pool 140, regardless of which of the mining computers 130, 132, 134 actually generates the new block and initially collects the rew ard. Over the long run, each of the mining computers 130, 132, 134 can generally expect to generate revenue equal to the total number of block rewards and optionally, transaction fees collected by the mining pool 140 multiplied by the percentage of the individual mining computer's 130, 132, 134 hash rate relative to the total hash rate of all the mining computers 130, 132, 134 in the pool 140.

[0041] An operator of the mining pool 140 can optionally collect transaction fees, and/or a portion of the collected rewards, thereby reducing the rewards that the operators of the mining computers 130, 132, 134 collect, but this portion collected by the pool operator is generally small. The expected mining yield for any of the mining computers 130, 132, 134, 150 in the mining system 100 is directly related to the difficulty factor.

[0042] FIG. 2 is a system diagram illustrating various functional components of the present system 200 for constructing terms of a proposed financial transaction for an investment product. System 200 includes server computer 202 that is configured to communicate with a user device 204 via a suitably configured communications network 206 (e.g., the Internet). Server computer 202 is connected to and in communication with various data sources that may be remote to or incorporated into server computer 202.

[0043] A first data source stores a plurality of product models 208. The product models 208 comprise mathematical models that describe attributes of a variety of financial product offerings. In an embodiment, each product model 208 may describe an investment product associated with a particular risk profile. For example, a first product model 208 may describe attributes of a low risk (e.g., a 'stay rich' or ‘preserve’) investment product that is configured to minimize potential investor losses, while offering moderate potential gains or upside. Similarly, another product model 208 may describe a medium risk (e.g., a 'get paid' or ‘collect’) investment product that is configured to expose a potential investor to moderate potential losses, while trying to optimize the product for a higher likelihood of moderate-to- high returns. Finally, another product model 208 may describe attributes of a high risk (e.g., a 'get rich¹ or ‘accelerate’) investment product that is configured to maximize potential investor returns while exposing the investor to potential losses. The characteristics of these example investment products are illustrated in Table 1, below.

Table 1

[0044] In general, for each investment product, the product models 208 database includes entries that define a settlement or end date for the investment product, a strike price or prices for the underlying asset or assets, rates of return for the investment product, and a priced for the investment product. Product models 208 can be generated by, in part, calculating fair market values for underlying assets, calculating implied volatility surfaces for various underlying assets, calculating futures curves, and calculating projected rates of return for the investment products based upon various underlying assets.

[0045] A second data source stores pricing models 210 for particular asset classes, such as crypto or virtual currencies (e.g., bitcoin) or other assets, which may include securities, commodities, and/or combinations thereof. Pricing models 210 include data that enables server computer 202 to perform price prediction (or to predict future price ranges for particular assets) enabling server computer 202 to populate product models 208 to create instances of product offerings for potential investors. In any embodiment, for example, pricing models 210 may include a number of different implied volatility (IV) curves utilized by server computer 202 to predict movements in a given asset's pnce over time.

[0046] In an embodiment of system 200, a potential investor may operate user device 204 to access server computer 202 through communications network 206 for the purposes of purchasing an investment product therefrom. To enable such a purchase, server computer 202 is configured to generate a user interface (e.g., via a webpage, mobile application, or other software application running on user device 204) that enables the user to select a particular investment product (e.g., where each product is associated with one of the product models 208), define attributes of that product, and then execute a corresponding financial transaction such as purchasing the investment product or causing an order entry ticket corresponding to the investment product to be executed. For example, in various embodiments, the user interface may enable the user, for a particular product, to define the parameters of an order entry ticket that, once executed, is used to initiate a crypto currency transaction.

[0047] FIG. 3 depicts a user interface that may be displayed on a user device (e.g., user device 204 of FIG. 2) to enable a user to select terms for an investment product. Referring to FIG. 3, the user interface 300 includes a product selection tool 302 enabling the user to select from a number of different investment products. Typically, each product selectable using product selection tool 302 is associated with a product model (e.g., a product model stored in product model database 208 of FIG. 2) that defines various attributes of the product. In the example depicted in FIG. 3, the user has selected a 'stay rich' investment product that may be associated with a product model configured to maintain the value of a particular investment, while maintaining modest returns. The stay rich investment product allows the user to purchase an investment into a virtual currency, although in other embodiments the investment product may be tied to other underlying assets, such as conventional financial assets. As such, user interface 300 includes a currency-selection tool 304 enabling the user to select the currency to which the investment is directed. In other embodiments, where the investment product may be associated with other types of underlying assets (e.g., non-virtual currencies), selection tool 304 may allow the user to select from those other ty pes of assets In the depicted example, the user has selected the currency of BTC (e.g., bitcoin), although the tool may allow the selection of other virtual currencies, such as Ethereum (ETH), and the like. The spot price 306 for the selected currency is shown in user interface 300. In various other implementations user interface element 306 may show other or additional price information (e.g., a future price, net asset value, and the like) for the underlying asset.

[0048] User interface 300 includes a summary region 308 that is a portion of the user interface that provides the user with a summary' of terms associated with the investment product. As shown, the summary may include a plain-English explanation of the key terms of the proposed transaction, where the summary is configured to update in real-time as the user modifies various user interface components of user interface 300.

[0049] User interface 300 includes a settlement date selection tool 310 that includes slider 312. The user can interact with slider 312 using user interface 300 to move slider 312 back and forth along the length of first settlement date selection tool 310 to select a desired settlement date for the proposed investment product. As viewed in FIG. 3, by positioning slider 312 at the far left of first setlement date selection tool 310 a nearest-in-time setlement date can be selected, and by moving the slider 312 to the right from that far left position, the setlement date can be set further into the future until the slider 312 is in its far right position along the length of first setlement date selection tool 310 which selects the latest possible setlement date for the selected investment product. As the slider 312 is moved back and forth along first setlement date selection tool 310 the currently selected setlement date is displayed in window 313.

[0050] User interface 300 includes an investment protection selection tool 314 that includes a downside protection slider 316 and an upside cap slider 318. By manipulating each of slider 316 and slider 318 along investment protection selection tool 314 the user can specify particular terms of the investment product. Specifically, by positioning downside protection slider 316 at a particular point along investment protection selection tool 314 the user can specify a particular downside protection value for the investment product. As slider 316 is moved to the left (as viewed in FIG. 3) along investment protection selection tool 314 the downside protection value is decreased, while when slider 316 is moved to the right (as viewed in FIG. 3) along investment protection selection tool 314 the downside protection value is increased. With user interface 300, the downside protection value is updated in real time as the user moved slider 316 is moved and is displayed within window 317.

[0051] In a similar manner, by positioning upside cap slider 318 at a particular point along investment protection selection tool 314 the user can specify a particular upside cap value for the selected investment product. As slider 318 is moved to the left (as viewed in FIG. 3) along investment protection selection tool 314 the upside cap value decreased, while when slider 318 is moved to the right (as viewed in FIG. 3) along investment protection selection tool 314 the upside cap value is increased. Within user interface 300, the upside cap value is updated in real time as the user moves slider 318 and is displayed within window 319.

[0052] As the user manipulates slider 312 along first setlement date selection tool 310 and sliders 316 and 318 along investment protection selection tool 314, the user is actively modifying the terms of the investment product prior to purchase. By manipulating slider 312, the user can specify a particular setlement date on which the investment product will pay out. By manipulating sliders 316 and 318, the user can control the potential downside risk and upside benefits of the investment product. [0053] User interface 300 includes graph output region 320 that includes a graph 322 providing a visual depiction of the terms of the of the investment product, as modified by the user. In general, graph 322 provides an illustration of the profit and loss profile of the investment product given particular values of the underlying asset at the settlement date of the investment product. The horizontal axis of graph 322 represents the price of the asset associated with the investment product (i.e., the virtual currency designated by the user using currency -sei ection tool 304). The vertical axis of graph 322 represents the profit and/or loss of the investment product at expiration (e.g., at the settlement date specified by the user using first settlement date selection tool 310). It should be understood that graph 322 may be modified to display the profit and loss profile via other configurations of the graph 322 (e.g., by flipping the horizontal and vertical axes, displaying more data within graph 322, changing the scale of graph 322, or otherwise modifying or changing the appearance of graph 322).

[0054] Within graph 322, a first line 324 represents the value of the underlying asset at the settlement date (e.g., the currency specified by currency-selection tool 304). Looking at line 324, therefore, if the underlying asset at the settlement date is valued at about $20,000 (essentially equal to the price 306 of $19,860), the profit and loss value of simply holding that asset is about 0 (no loss or gain). If, however, at settlement, the value of the underlying asset is equal to $5,000, that correlates to a loss of about $15,000 from the original strike price. Conversely, if, at settlement, the value of the underlying asset is equal to $30,000, that correlates to a profit of about $1 ,000 from the original strike price. Accordingly, if the investor were to simply hold the asset, there is potential for both significant profits and losses.

[0055] Line 326 represents the value of the investment product. As illustrated, if the value of the underlying asset falls between the downside protection value (e.g., specified by slider 316 of investment protection selection tool 314 and indicated on graph 322 by dashed line 328) and the upside cap value (e.g., specified by slider 318 of investment protection selection tool 314 and indicated on graph 322 by dashed line 330), the investment product provides a guaranteed return in addition to the value of the underlying asset. In the example depicted in FIG 3, the guaranteed return is equal to $2,216.

[0056] However, if, at settlement, the value of the underlying asset should fall below the downside protection value, the value of the investment product is protected such that the potential value of the investment product at settlement is maintained at an amount equal to the spot price plus the guaranteed return value. [0057] Conversely if, at settlement, the value of the underlying asset should exceed the upside cap value, as shown by line 326, the value of the investment product is capped such that the potential value of the investment product at settlement is capped at an amount equal to the upside cap value plus the guaranteed return minus the spot price.

[0058] Accordingly, within graph 322 the shaded region 327 between lines 324 and 326 represents the benefit that the investor would realize over simply holding the underlying asset until the settlement date.

[0059] Consequently, by specifying a particular upside cap value, the investor is creating an investment product in which the investor is willing to give up some potential profits (i.e., those profits that would result in the value of the underlying asset exceeds the upside cap value at settlement) in exchange for both putting limits on potential losses of the investment product and for the guaranteed return of the investment product.

[0060] As the user modifies sliders 312, 316, and 318 the risk profile of the investment product changes and graph 322 is updated in real-time to provide a visual depiction of the risk profile that the user has defined and selected (e.g., by modifying line 326). Similarly, and at the same time, the description of the plain English description of the investment product shown in summary region 308 is updated. Accordingly, user interface 300 provides the user a simple three-slider user interface that allows the user to specify key terms of an investment product while simultaneously and in real-time generating a plain English summary of the transaction and a graphic depiction of the risk profile of that transaction.

[0061 ] Once the user has specified the desired terms for the investment product, the user can select buy interface 332 to initiate a deposit payment for purchase of the investment product and provide adequate collateral for the same.

[0062] Returning to FIG. 2, upon purchase of the investment product by the user operating user device 204, server computer 202 is configured to access a transaction system 212 (e.g., a virtual currency system, a traditional finance system, or another system configured to enable transactions involving assets, which may include virtual currencies, securities, a commodities, and/or combinations thereof) to execute transactions to satisfy the terms of the purchased investment product.

[0063] In an embodiment, this may involve the server computer 202 hosting user interface 300 processing the user inputs supplied through user interface 300 into computer code that may be transmitted, via suitably configured communications network 206, to transaction system 212 to enable transaction system 212 to execute a financial transaction in accordance with the user-specified terms. In that case, server computer 202 may be configured to computer code configured to execute a translation function that converts the user inputs into that suitable computer code.

[0064] FIG. 4A depicts the user interface 300 of FIG. 3 in which the user has operated product selection tool 302 to select a different type of investment product. In the example depicted in FIG. 4A, the user has selected a 'Get Paid' investment product that may be associated with a product model configured to provide guaranteed profit over the underlying asset capped at an upside value. The get paid investment product allows the user to purchase an investment into a virtual currency , although the investment product may be associated with other forms of underlying assets including conventional financial assets. As such, user interface 300 includes a currency -selection tool 304 enabling the user to select the currency to which the investment is directed. In other embodiments, where the investment product may be associated with other types of underlying assets (e.g., non-virtual currencies), selection tool 304 may allow the user to select from those other types of assets. In the depicted example, the user has selected the currency of BTC (e.g., bitcoin), although the tool may allow the selection of other virtual currencies, such as Ethereum (ETH), and the like. The spot price 306 for the selected currency is shown in user interface 300. In various other implementations user interface element 306 may show other or additional price information (e.g., a future price, net asset value, and the like) for the underlying asset.

[0065] User interface 300 includes a summary region 308 that is a portion of the user interface that provides the user with a summary of terms associated with the investment product. As shown, the summary may include a plain-English explanation of the key terms of the proposed transaction, where the summary is configured to update in real-time as the user modifies various user interface components of user interface 300.

[0066] User interface 300 includes settlement date selection tool 310 that includes slider 312. The user can interact with slider 312 using user interface 300 to move slider 312 back and forth along the length of first settlement date selection tool 310 to select a desired settlement date for the proposed investment product.

[0067] User interface 300 includes an investment definition tool 314 including an upside cap slider 318 (for the depicted investment product, there is no downside protection value and so no corresponding slider is displayed). By positioning upside cap slider 318 at a particular point along investment protection selection tool 314 the user can specify a particular upside cap value for the selected investment product.

[0068] As the user manipulates slider 312 along first settlement date selection tool 310 and slider 318 along investment product definition tool 314, the user is actively modifying the terms of the investment product prior to purchase. By manipulating slider 312, the user can specify a particular settlement date on which the investment product will pay out. By manipulating slider 318, the user can control the upside benefits of the investment product. [0069] User interface 300 includes graph output region 320 that includes a graph 322 providing a visual depiction of the terms of the of the investment product, as modified by the user. In general, graph 322 provides an illustration of the profit and loss profile of the investment product given particular values of the underlying asset at the settlement date of the investment product. In this example, the horizontal axis of graph 322 represents the price of the asset associated with the investment product (i.e., the virtual currency designated by the user using currency-selection tool 304). The vertical axis of graph 322 represents the profit and/or loss of the investment product at expiration (e.g., at the settlement date specified by the user using first settlement date selection tool 310).

[0070] Within graph 322, a first line 324 represents the value of the underlying asset at the settlement date (e.g., the currency specified by currency-selection tool 304). Line 326 represents the value of the investment product.

[0071] As depicted in FIG. 4 A, the get paid investment product provides the customer with a guaranteed profit or return in which the investment product is worth more than the underlying asset at the time of settlement, with that value being capped at an amount equal to the upside cap (i.e., specified by slider 318) plus the guaranteed profit.

[0072] As the user modifies sliders 312 and 316 the risk profile of the investment product changes and graph 322 is updated in real-time to provide a visual depiction of the risk profile and profit/loss that the user has selected (e.g., by modifying line 326). Similarly, and at the same time, the description of the plain English description of the investment product shown in summary region 308 is updated.

[0073] Once the user has specified the desired terms for the investment product, the user can select buy interface 332 to initiate a deposit payment for purchase of the investment product and provide adequate collateral for the same.

[0074] Returning to FIG. 2, upon purchase of the investment product by the user operating user device 204, server computer 202 is configured to access transaction system 212 to execute transactions to satisfy the terms of the purchased investment product.

[0075] FIG. 4B depicts the user interface 300 of FIG. 3 in which the user has operated product selection tool 302 to select a different type of investment product. In the example depicted in FIG. 4B, the user has selected a 'Get Rich' investment product that may be associated with a product model configured to provide significant potential upside, while exposing the customer to an increased downside risk. The get rich investment product allows the user to purchase an investment into a virtual currency, although the investment product may be associated with other forms of underlying assets including conventional financial assets. As such, user interface 300 includes currency-selection tool 304 enabling the user to select the currency to which the investment is directed. In other embodiments, where the investment product may be associated with other types of underlying assets (e.g., non- virtual currencies), selection tool 304 may allow the user to select from those other types of assets. In the depicted example, the user has selected the currency of BTC (e g., bitcoin), although the tool may allow the selection of other virtual currencies, such as Ethereum (ETH), and the like. The spot price 306 for the selected currency is shown in user interface 300. In various other implementations user interface element 306 may show other or additional price information (e.g., a future price, net asset value, and the like) for the underlying asset. [0076] User interface 300 includes a summary region 308 that is a portion of the user interface that provides the user with a summay of terms associated with the investment product. As shown, the summary may include a plain-English explanation of the key terms of the proposed transaction, where the summary is configured to update in real-time as the user modifies various user interface components of user interface 300.

[0077] User interface 300 includes settlement date selection tool 310 that includes slider 312. The user can interact with slider 312 using user interface 300 to move slider 312 back and forth along the length of first settlement date selection tool 310 to select a desired settlement date for the proposed investment product.

[0078] User interface 300 includes an investment definition tool 314 including downside protection slider 316 and upside cap slider 318. By positioning downside protection slider 316 at a particular point along investment protection selection tool 314 the user can specify a downside protection value for the selected investment product. By positioning upside cap slider 318 at a particular point along investment protection selection tool 314 the user can specify a particular upside cap value for the selected investment product.

[0079] As the user manipulates slider 312 along first settlement date selection tool 310 and sliders 316 and 318 along investment product definition tool 314, the user is actively modifying the terms of the investment product prior to purchase. By manipulating slider 312, the user can specify a particular settlement date on which the investment product will pay out. By manipulating sliders 316 and 318, the user can control the downside protection and upside benefits of the investment product. [0080] User interface 300 includes graph output region 320 that includes a graph 322 providing a visual depiction of the terms of the of the investment product, as modified by the user. In general, graph 322 provides an illustration of the profit and loss profile of the investment product given particular values of the underlying asset at the settlement date of the investment product. In this example, the horizontal axis of graph 322 represents the price of the asset associated with the investment product (i.e., the virtual currency designated by the user using currency-selection tool 304). The vertical axis of graph 322 represents the profit and/or loss of the investment product at expiration (e.g., at the settlement date specified by the user using first settlement date selection tool 310).

[0081] Within graph 322, a first line 324 represents the value of the underlying asset at the settlement date (e.g., the currency specified by currency-selection tool 304). Line 326 represents the value of the investment product.

[0082] As depicted in FIG. 4B, the get rich investment product provides the customer with a guaranteed profit or return in which the investment product is worth more than the underlying asset at the time of settlement, with that value being capped at an amount equal to the upside cap (i.e., specified by slider 318) plus the guaranteed profit. The guaranteed return of the investment product is maximized should the value of the underlying asset increase up to the upside cap value so that the customer can achieve significant return should the value of the underlying asset increase. The downside losses are not capped, but the investment product will always be worth more than the underlying asset by the guaranteed return amount for values that fall below the upside cap amount.

[0083] As the user modifies sliders 312, 316, and 318 the risk profile of the investment product changes and graph 322 is updated in real-time to provide a visual depiction of the risk profile and profit/loss that the user has selected (e.g., by modifying line 326). Similarly, and at the same time, the description of the plain English description of the investment product shown in summary region 308 is updated.

[0084] Once the user has specified the desired terms for the investment product, the user can select buy interface 332 to initiate a deposit payment for purchase of the investment product and provide adequate collateral for the same.

[0085] Returning to FIG. 2, upon purchase of the investment product by the user operating user device 204, server computer 202 is configured to access transaction system 212 to execute transactions to satisfy the terms of the purchased investment product.

[0086] FIG. 4C depicts the user interface 300 of FIG. 3 in which the user has operated product selection tool 302 to select a different type of investment product. In the example depicted in FIG. 4C, the user has selected a ‘Whip’ investment product that may be associated with a product model configured to implement a long call strategy. User interface 300 includes a currency-selection tool 304 enabling the user to select the currency to which the investment is directed. In other embodiments, where the investment product may be associated with other types of underlying assets (e.g., non-virtual currencies), selection tool 304 may allow the user to select from those other types of assets. In the depicted example, the user has selected the currency of BTC (e.g., bitcoin), although the tool may allow the selection of other virtual currencies, such as Ethereum (ETH), and the like. The spot price 306 for the selected currency is shown in user interface 300. In various other implementations user interface element 306 may show other or additional price information (e.g., a future price, net asset value, and the like) for the underlying asset.

[0087] User interface 300 includes a summary region 308 that is a portion of the user interface that provides the user with a summary of terms associated with the investment product. As shown, the summary may include a plain-English explanation of the key terms of the proposed transaction, where the summary is configured to update in real-time as the user modifies various user interface components of user interface 300.

[0088] User interface 300 includes settlement date selection tool 310 that includes slider 312. The user can interact with slider 312 using user interface 300 to move slider 312 back and forth along the length of first settlement date selection tool 310 to select a desired settlement date for the proposed investment product.

[0089] User interface 300 includes an investment definition tool 314 including an downside protection slider 316 (for the depicted investment product, there is no upside cap value and so no corresponding slider is displayed). By positioning downside protection slider 316 at a particular point along investment protection selection tool 314 the user can specify a particular downside protection value for the selected investment product. The downside protection value may also be referred to as a ‘capped loss’ value.

[0090] As the user manipulates slider 312 along first settlement date selection tool 310 and slider 316 along investment product definition tool 314, the user is actively modifying the terms of the investment product prior to purchase. By manipulating slider 312, the user can specify a particular settlement date on which the investment product will pay out. By manipulating slider 316, the user can control the downside risk of the investment product.

[0091] User interface 300 includes graph output region 320 that includes a graph 322 providing a visual depiction of the terms of the of the investment product, as modified by the user. In general, graph 322 provides an illustration of the profit and loss profile of the investment product given particular values of the underlying asset at the settlement date of the investment product. In this example, the horizontal axis of graph 322 represents the price of the asset associated with the investment product (i.e., the virtual currency designated by the user using currency-selection tool 304). The vertical axis of graph 322 represents the profit and/or loss of the investment product at expiration (e.g., at the settlement date specified by the user using first settlement date selection tool 310).

[0092] Within graph 322, a first line 324 represents the value of the underlying asset at the settlement date (e g., the currency specified by currency-selection tool 304). Line 326 represents the value of the investment product.

[0093] As depicted in FIG. 4C, the whip investment product provides the customer with significant protection should the underlying asset lose value. The downside loss is capped at a value specified by the user. If, however, the underlying asset should gain value as of the settlement date, the user gives up some of those gains in exchange for the guaranteed downside protection.

[0094] As the user modifies sliders 312, and 316 the risk profile of the investment product changes and graph 322 is updated in real-time to provide a visual depiction of the risk profile and profit/loss that the user has selected (e.g., by modifying line 326). Similarly, and at the same time, the description of the plain English description of the investment product shown in summary region 308 is updated.

[0095] Once the user has specified the desired terms for the investment product, the user can select buy interface 332 to initiate a deposit payment for purchase of the investment product and provide adequate collateral for the same.

[0096] Returning to FIG. 2, upon purchase of the investment product by the user operating user device 204, server computer 202 is configured to access transaction system 212 to execute transactions to satisfy the terms of the purchased investment product.

[0097] FIG. 4D depicts the user interface 300 of FIG. 3 in which the user has operated product selection tool 302 to select a different type of investment product. In the example depicted in FIG. 4D, the user has selected a ‘Protect’ investment product that may be associated with a product model configured to implement a long put strategy. User interface 300 includes a currency-selection tool 304 enabling the user to select the currency to which the investment is directed. In other embodiments, where the investment product may be associated with other types of underlying assets (e.g., non-virtual currencies), selection tool 304 may allow the user to select from those other types of assets. In the depicted example, the user has selected the currency of BTC (e.g., bitcom), although the tool may allow the selection of other virtual currencies, such as Ethereum (ETH), and the like. The spot price 306 for the selected currency is shown in user interface 300. In various other implementations user interface element 306 may show other or additional price information (e.g., a future price, net asset value, and the like) for the underlying asset.

[0098] User interface 300 includes a summary region 308 that is a portion of the user interface that provides the user with a summary' of terms associated with the investment product. As shown, the summary may include a plain-English explanation of the key terms of the proposed transaction, where the summary is configured to update in real-time as the user modifies various user interface components of user interface 300.

[0099] User interface 300 includes settlement date selection tool 310 that includes slider 312. The user can interact with slider 312 using user interface 300 to move slider 312 back and forth along the length of first settlement date selection tool 310 to select a desired settlement date for the proposed investment product.

[00100] User interface 300 includes an investment definition tool 314 including a downside inflection slider 315. By positioning downside inflection slider 316 at a particular point along investment protection selection tool 314 the user can specify a particular downside inflection value for the selected investment product.

[00101] As the user manipulates slider 312 along first settlement date selection tool 310 and slider 315 along investment product definition tool 314, the user is actively modifying the terms of the investment product prior to purchase. By manipulating slider 312, the user can specify a particular settlement date on which the investment product will pay out. By manipulating slider 315, the user can modify the downside inflection point of the investment product.

[00102] User interface 300 includes graph output region 320 that includes a graph 322 providing a visual depiction of the terms of the of the investment product, as modified by the user. In general, graph 322 provides an illustration of the profit and loss profile of the investment product given particular values of the underlying asset at the settlement date of the investment product. In this example, the horizontal axis of graph 322 represents the price of the asset associated with the investment product (i.e., the virtual currency designated by the user using currency-selection tool 304). The vertical axis of graph 322 represents the profit and/or loss of the investment product at expiration (e.g., at the settlement date specified by the user using first settlement date selection tool 310). [00103] Within graph 322, a first line 324 represents the value of the underlying asset at the settlement date (e.g., the currency specified by currency-selection tool 304). Line 326 represents the value of the investment product.

[00104] As depicted in FIG. 4D, the protect investment product provides the customer with significant returns should the value of the underlying asset decrease by the settlement date of the product. However, should the value of the asset increase at the time of settlement, the product returns a fixed loss. Accordingly, the protect product may be a useful vehicle for a user to generate returns should the user believe that the value of the underlying asset is going to decrease over time.

[00105] As the user modifies sliders 312, and 315 the risk profile of the investment product changes and graph 322 is updated in real-time to provide a visual depiction of the risk profile and profit/loss that the user has selected (e.g., by modifying line 326). Similarly, and at the same time, the description of the plain English description of the investment product shown in summary region 308 is updated.

[00106] Once the user has specified the desired terms for the investment product, the user can select buy interface 332 to initiate a deposit payment for purchase of the investment product and provide adequate collateral for the same.

[00107] Returning to FIG. 2, upon purchase of the investment product by the user operating user device 204, server computer 202 is configured to access transaction system 212 to execute transactions to satisfy the terms of the purchased investment product.

[00108] FIG. 4E depicts the user interface 300 of FIG. 3 in which the user has operated product selection tool 302 to select a different type of investment product. In the example depicted in FIG. 4E, the user has selected a ‘Discount Buy’ investment product that may be associated with a product model configured to implement a short put strategy. User interface 300 includes a currency-selection tool 304 enabling the user to select the currency to which the investment is directed. In other embodiments, where the investment product may be associated with other types of underlying assets (e.g., non-virtual currencies), selection tool 304 may allow the user to select from those other types of assets. In the depicted example, the user has selected the currency of BTC (e.g., bitcoin), although the tool may allow the selection of other virtual currencies, such as Ethereum (ETH), and the like. The spot price 306 for the selected currency is shown in user interface 300. In various other implementations user interface element 306 may show other or additional price information (e.g., a future price, net asset value, and the like) for the underlying asset. [00109] User interface 300 includes a summary region 308 that is a portion of the user interface that provides the user with a summary of terms associated with the investment product. As shown, the summary may include a plain-English explanation of the key terms of the proposed transaction, where the summary is configured to update in real-time as the user modifies various user interface components of user interface 300.

[00110] User interface 300 includes settlement date selection tool 310 that includes slider 312. The user can interact with slider 312 using user interface 300 to move slider 312 back and forth along the length of first settlement date selection tool 310 to select a desired settlement date for the proposed investment product.

[00111] User interface 300 includes an investment definition tool 314 including a downside inflection slider 315. By positioning downside inflection slider 316 at a particular point along investment protection selection tool 314 the user can specify a particular downside inflection value for the selected investment product.

[00112] As the user manipulates slider 312 along first settlement date selection tool 310 and slider 315 along investment product definition tool 314, the user is actively modifying the terms of the investment product prior to purchase. By manipulating slider 312, the user can specify a particular settlement date on which the investment product will pay out. By manipulating slider 315, the user can modify the downside inflection point of the investment product.

[00113] User interface 300 includes graph output region 320 that includes a graph 322 providing a visual depiction of the terms of the of the investment product, as modified by the user. In general, graph 322 provides an illustration of the profit and loss profile of the investment product given particular values of the underlying asset at the settlement date of the investment product. In this example, the horizontal axis of graph 322 represents the price of the asset associated with the investment product (i.e., the virtual currency designated by the user using currency-selection tool 304). The vertical axis of graph 322 represents the profit and/or loss of the investment product at expiration (e.g., at the settlement date specified by the user using first settlement date selection tool 310).

[00114] Within graph 322, a first line 324 represents the value of the underlying asset at the settlement date (e g., the currency specified by currency-selection tool 304). Line 326 represents the value of the investment product.

[00115] As depicted in FIG. 4E, the protect investment product provides the customer with downside protection such that the value of the investment product is greater than the value of the underlying asset for values of the underlying asset that fall below the defined inflection point. For values of the underlying asset that fall above the defined inflection point, the value of the investment product is capped. Accordingly, the discount buy product may be a useful vehicle for a user to manage risk for investments tied to the underlying asset.

[00116] As the user modifies sliders 312, and 315 the risk profile of the investment product changes and graph 322 is updated in real-time to provide a visual depiction of the risk profile and profit/loss that the user has selected (e.g., by modifying line 326). Similarly, and at the same time, the description of the plain English description of the investment product shown in summary region 308 is updated.

[00117] Once the user has specified the desired terms for the investment product, the user can select buy interface 332 to initiate a deposit payment for purchase of the investment product and provide adequate collateral for the same.

[00118] Returning to FIG. 2, upon purchase of the investment product by the user operating user device 204, server computer 202 is configured to access transaction system 212 to execute transactions to satisfy the terms of the purchased investment product.

[00119] In various embodiments, a user of the present system may wish to view a summary of transactions entered into for various investment products. FIG. 5 depicts a user interface 600 that may be generated by a server (e.g., server computer 202 of FIG. 2) to provide a dashboard or summary of user transactions. In an account information summary 602, interface 600 provides a breakdown of user available funds for trading, a liquidation value of purchased investment products and a summary of pertinent profits and losses. The account information summary 602 may also include a balance listing for the user's trading account expressed in various currencies (e.g., each one of the currencies selectable by currency-selection tool 304 of FIG. 3.

[00120] Interface 600 also provides a summary of purchased investment products 604. The summary lists for each product the product name, currency of the underlying asset of the investment product, USD equivalent, the date and time on which the investment product was purchased, the maturity (i.e., settlement) date of the product, and current profits/losses of the product.

[00121] The dashboard presented in interface 600 may be updated in real time as market values of the underlying asset (and the user's corresponding account balances) change to provide an easy to access summary of the user's position.

[00122] FIG. 6 depicts a user interface element 700 that may be displayed (e.g., within the dashboard displayed in FIG. 5) to provide a visual summary of the user's purchased investment products 604. The central region 702 of element 700 displays a current value of all structured investment products purchased by the user. A circle is displayed around central region 702. The circle is divided into a number of segments 704 where each segment represents one of the user's investments. The arc length of each segment 704 is determined by the value of that particular investment product.

[00123] FIG. 7 depicts a user interface element 800 that may be displayed (e.g., within the dashboard displayed in FIG. 5) to provide a visual summary of the user's investment holdings broken down by currency type. A central region 802 of element 800 displays a current value of all the user's holdings across all currency types (e.g., in USD). The circle is divided into a number of segments 704 where each segment represents a particular currency in the user's investments. The arc length of each segment 704 is determined by the amount of that particular currency held by the user. A summary table 806 is also provided to display the lists of currencies being held by the user and the respective value of those holdings.

[00124] FIG. 8 is a display element for a user interface that can provide a summary listing of potential profits and losses for a given investment contract for a ranges of underlying asset prices. As illustrated, the first column 852 of table 850 includes a number of different underlying prices. The second column 854 shows the profit or loss that a user would realize for a given investment product if the underlying asset is valued at a particular price (as indicated by column 852) at the settlement date of the investment product. Table 850 may be incorporated into the summary region 308 of user interface 300 of FIG. 3, for example, to provide a further simple to understand summary of the investment product potential outcomes.

[00125] FIG. 9 depicts a display element 900 that may be incorporated into a user interface to provide a user with information summarizing details of a proposed transaction in accordance with the present disclosure. Display element 900 includes bar 902 which, in the embodiment depicted in FIG. 9, is oriented vertically. As depicted in FIG. 9, bar 902 is depicted with a color or shading gradient where the shading or color at a particular location along bar 902 is indicative of an estimated return of a proposed financial transaction associated with display element 900. As such, different locations along the length of bar 902 are associated with different amounts of profit or loss associated with the proposed transaction.

[00126] In various embodiments, display element 900 may be associated with a proposed financial transaction that has defined strike prices. As described above, in the present disclosure a number of different financial transactions are described that exhibit different investment strategies that may each be associated with different strike prices. [00127] In FIG. 9, the tick marks 904 and 906 represent the values of the strike prices associated with the proposed transaction. In this example, the strike prices are positioned along bar 902 such that the strike prices are positioned at locations along bar 902 that coincide with a particular profit or loss over the initial purchase price of the underlying asset of the proposed transaction. As such, the locations along bar 902 at which tick marks 904 and 906 are placed provide an easy-to-understand representation of the levels of risk associated with the defined strike prices of the proposed transaction.

[00128] FIGS. 10A - 10D depict user interfaces configured to display information regarding a proposed financial transaction that incorporate the display element of FIG. 9. The user interfaces of FIGS. 10A - 10D may be displayed, for example, on a user’s computing device, such as user device 204 of FIG. 2. In various embodiments, the data making up the user interface may be generated by server computer 202 of FIG. 2 and transmitted through network 206 of FIG. 2 to user device 204.

[00129] FIG. 10A depicts user interface 1000 that includes a price chart 1002 depicting values of an asset underlying a candidate transaction. Price chart 1002 shows the predicted value of a proposed transaction and/or the predicted value of the asset underlying the proposed transaction (on the vertical axis) over time (on the horizontal axis). The data displayed in price chart 1002 may be at least partially determined on pricing models (e.g., stored in pricing models database 210 of FIG. 2), which can enable the determination of price predications or future price ranges for various types of different underlying assets, asset classes, or transactions.

[00130] On the left side of user interface 1000, user interface elements 1004 are depicted. Each user interface element 1004 is associated with a proposed financial transaction that is configured in accordance with a particular investment strategy. As shown in FIG. 10A, the strategies may include “Collect,” “Accelerate,” “Range,” “Preserve,” and “Survive” strategies that may each be associated with different risk/reward profiles and different transaction terms. In an embodiment, each user interface element 1004 may be associated with a particular financial product model (e g., one or more of the product models stored in product models 208 of FIG. 2) that is associated with a mathematical model that describes attributes of a particular financial product offerings. For example, the model may describe an investment product associated with a particular risk profile. [00131] Each user interface element 1004 is generally configured in the same manner as display element 900, with vertical bars (e.g., bar 902 of FIG. 9) depicted with a color or shading gradient indicative of a rate of return of the proposed transaction. Each user interface element 1004 includes a number of tick marks (e.g., tick marks 904, 906 of FIG. 9) that may designate the value of particular strike prices associated with the proposed transaction. The tick marks are located at positions along the vertical bars at which the gradient of the vertical bar at that location is representative of the return of the proposed transaction at that strike price.

[00132] User interface 1000 includes a key 1006 that illustrates the profit or loss values against the gradient of the vertical bars of user interface elements 1004.

[00133] A user can interact with user interface 1000 by dragging one of user interface elements 1004 onto price chart 1002 to see a further depiction of the proposed transaction. [00134] As shown in FIG. 10B, a user has dragged one of the user interface elements 1004 onto chart 1002. The user interface element 1004 that was dragged onto chart 1002 is then re-rendered as user interface element 1010 on chart 1002. When re-rendered as user interface element 1010, vertical bar 1012 is rescaled so that the profit/loss values indicated by the gradient of vertical bar 1012 corresponds to the values depicted on the vertical axis of price chart 1002. Similarly, tick marks 1014, 1016 are positioned along vertical bar 1012 at locations that correspond to the strike price values on the vertical axis of price chart 1002. In the example depicting in FIG. 10 A, for example, the strike prices designated by tick marks 1014 and 1016 correspond to the values $5k and $20k, respectively.

[00135] The position along of the horizontal axis of price chart 1002 at which user interface element 1010 is located corresponds to the expiration date of the underlying proposed transaction. In the example depicted in FIG. 10A, the expiration date indicated by the placement of user interface element 1010 is May 15^th.

[00136] Using user interface 1000, a user can manipulate aspects of user interface element 1010 to define the terms of the underlying proposed transaction. For example, as shown in FIG. 10C, the user has moved user interface element 1010 along the horizontal axis of price chart 1002 to select a new expiration date for the transaction of May 5^th. Similarly, the user has manipulated the location of tick marks 1014, 1016 along vertical bar 1012 to change the strike prices for the transaction. Specifically, as shown in FIG. 10C, the user has moved both tick marks 1014, 1016 higher on vertical bar 1012 to design higher strike prices of $20k and $25k. [00137] In response to these changes, the color gradient displayed on vertical bar 1012 has been changed to reflect the current profit/loss profiled of the proposed transaction with terms at least partially determined by the placement of user interface element 1010 along the horizontal axis of price chart 1002 and the placement of tick marks 1014, 1016 along vertical bar 1012 of user interface element 1010.

[00138] When the user has completed the adjustment of user interface 1000, the user can request that a trade be initiated in accordance with the terms as dictated by the placement of user interface element 1010 on price chart 1002 and the position of tick marks 1014, 1016. [00139] Upon initiating the transaction, the user interface 1000 is updated, as shown in FIG. 10D to display a summary 1050 of the trade details. The summary 1050 includes a user interface button 1052 allowing the user to initiate the transaction.

[00140] It should be understood that although a number of embodiments of the present invention are described in conjunction with the use of the present system for structing financial transaction directed to underlying virtual currency assets, other embodiments of the present invention may be used to enable a user to specify terms to a financial transaction directed to underlying traditional or conventional assets (e g., conventional fiat currency or other commodities. As such, the present invention is not limited to user interfaces involved with the purchase or acquisition of investment products for virtual currencies and instead be utilized in conjunction with other types of investment products associated with non- virtual currency underlying assets.

[00141] For purposes of this disclosure, the term “coupled” (in all of its forms: couple, coupling, coupled, etc.) generally means the joining of two components (electrical or mechanical) directly or indirectly to one another. Such joining may be stationary in nature or movable in nature. Such joining may be achieved with the two components (electrical or mechanical) and any additional intermediate support members being integrally formed as a single unitary body with one another or with the two components. Such joining may be permanent in nature or may be removable or releasable in nature unless otherwise stated.

[00142] Furthermore, any arrangement of components to achieve the same functionality is effectively “associated” such that the desired functionality is achieved. Hence, any two components herein combined to achieve a particular functionality can be seen as “associated with” each other such that the desired functionality is achieved, irrespective of architectures or intermedial components. Likewise, any two components so associated can also be viewed as being “operably connected” or “operably coupled” to each other to achieve the desired functionality, and any two components capable of being so associated can also be viewed as being “operably couplable” to each other to achieve the desired functionality. Some examples of operably couplable include, but are not limited to, physically mateable, physically interacting components, wirelessly interactable, wirelessly interacting components, logically interacting, and/or logically interactable components.

[00143] It is also important to note that the construction and arrangement of the elements of the invention as shown in the examples are illustrative only. Although only a few examples of the present innovations have been described in detail in this disclosure, those skilled in the art who review this disclosure will readily appreciate that many modifications are possible (e.g., variations in sizes, dimensions, structures, shapes and proportions of the various elements, values of parameters, mounting arrangements, use of materials, colors, orientations, etc.) without materially departing from the novel teachings and advantages of the subject matter recited. For example, elements shown as integrally formed may be constructed of multiple parts or elements shown as multiple parts may be integrally formed, the operation of the interfaces may be reversed or otherwise varied, the length or width of the structures and/or support members or connectors or other elements of the system may be varied, the nature or number of adjustment positions provided between the elements may be varied. It should be noted that the elements and/or assemblies of the system might be constructed from any of a wide variety of materials that provide sufficient strength or durability, in any of a wide variety of colors, textures, and combinations. Accordingly, all such modifications are intended to be included within the scope of the present innovations. Other substitutions, modifications, changes, and omissions may be made in the design, operating conditions, and arrangement of the desired and other exemplary examples without departing from the spirit of the present innovations.

[00144] It will be understood that any described processes or steps within described processes may be combined with other disclosed processes or steps to form structures within the scope of the present invention. The exemplary structures and processes disclosed herein are for illustrative purposes and are not to be constmed as limiting. In addition, variations and modifications can be made on the aforementioned structures and methods without departing from the concepts of the present invention and such concepts are intended to be covered by the following claims unless these claims by their language expressly state otherwise.

Claims

CLAIMS What Is Claimed Is:

1. A system, comprising: a product model database storing mathematical models defining a plurality of investment products, wherein each mathematical model is configured to define a profit/loss model for each investment product based upon at least a settlement date of the investment product and an investment product definition value; a user device configured to display a user interface including a price chart and a plurality of user interface elements, wherein each user interface element is associated with an investment product of the plurality of the investment products, each user interface element of the plurality of user interface elements including a bar having a gradient and at least one tick mark positioned on the bar, wherein the gradient of the bar and a location of the at least one tick mark on the bar are associated with attributes of a proposed transaction for the investment product, wherein the user interface is configured to enable a user to: select a first user interface element of the plurality of user interface elements; position the first user interface element on the price chart; and position the at least one tick mark along the bar of the first user interface element; and a server computer configured to communicate via a communications network with the product model database and the user device, wherein the server computer is configured to: receive, from the user device, an identifier of the first user interface element, and a first position of the first user interface element on a horizontal axis of the price chart, wherein the horizontal axis represents time; construct a proposed financial transaction based upon the investment product associated with the first user interface element, and the first position; cause the user device to display a summary of the proposed transaction on the user interface.

2. The system of claim 1, wherein the first position of the first user interface element on the horizontal axis of the price chart determines the settlement date of the proposed transaction.

3. The system of claim 1, wherein a second position of the at least one tick mark determines a strike price of the transaction.

4. The system of claim 1, wherein the user interface is configured to display a buy interface that, when executed by the user of the user device, causes the server to execute a transaction via a financial transaction network to implement the selected investment product.

5. The system of claim 4, wherein the financial transaction network enables transactions for virtual currency.

6. The system of claim 1, wherein the user device is further configured to display a user interface including an investment product selection tool, a settlement date selection tool, an investment product definition selection tool, a summary region, and a graph output region and wherein the server computer is configured to: receive from the user device an indication of a selected investment product out of the plurality of investment products, receive from the user device a selected settlement date, where the selected settlement date is determined by a user of the user device modifying the settlement date selection tool of the user interface, receive from the user device a selected product definition value, where the selected product definition value is determined by the user of the user device modifying the investment product definition selection tool of the user interface, determine, using at least the selected investment product, the selected settlement date, and the selected product definition value, a profit/loss graph for the selected investment product, cause the user device to modify the graph output region of the user interface to display the profit/loss graph substantially in real-time as the user modifies the settlement date selection tool of the user interface, and cause the user device to display a summary of the selected investment product in the summary region of the user interface substantially in real-time as the user modifies the settlement date selection tool of the user interface.

7. The system of claim 6, wherein the user device is configured to display a buy interface in the user interface that, when executed by the user of the user device, causes the server to execute a transaction via a financial transaction network to implement the selected investment product.

8. The system of claim 7, wherein the financial transaction network enables transactions for virtual currency.

9. A system, comprising: a product model database storing mathematical models defining a plurality of investment products, wherein each mathematical model is configured to define a profit/loss model for each investment product based upon at least a settlement date of the investment product and an investment product definition value; and a server computer configured to communicate via a communications network with the product model database and a user device, wherein the user device is configured to display a user interface including a price chart and a plurality of user interface elements, wherein the user interface is configured to enable a user to select a first user interface element of the plurality of user interface elements, position the first user interface element on the price chart, and position at least one tick mark along a bar of the first user interface element, wherein the server computer is configured to: receive, from the user device, an identifier of the first user interface element, and a first position of the first user interface element on a horizontal axis of the price chart, wherein the horizontal axis represents time; construct a proposed financial transaction based upon the investment product associated with the first user interface element, and the first position; and cause the user device to display a summary of the proposed transaction on the user interface.

10. The system of claim 9, wherein the first position of the first user interface element on the horizontal axis of the price chart determines the settlement date of the proposed transaction.

11. The system of claim 10, wherein a second position of the at least one tick mark determines a strike price of the transaction.

12. The system of claim 9, wherein the user interface is configured to display a buy interface that, when executed by the user of the user device, causes the server computer to execute a transaction via a financial transaction network to implement the selected investment product.

13. The system of claim 12, wherein the financial transaction network enables transactions for virtual currency.

14. A user device, comprising: a processor; and memory storing instructions that, when executed by the processor, cause the user device to: display a user interface including a price chart and a plurality of user interface elements, wherein each user interface element is associated with an investment product of the plurality of the investment products, each user interface element of the plurality of user interface elements including a bar having a gradient and at least one tick mark positioned on the bar, wherein the gradient of the bar and a location of the at least one tick mark on the bar are associated with attributes of a proposed transaction for the investment product, wherein the user interface is configured to enable a user to: select a first user interface element of the plurality of user interface elements; position the first user interface element on the price chart; and position the at least one tick mark along the bar of the first user interface element; and transmit, to a server computer, an identifier of the first user interface element, and a first position of the first user interface element on a horizontal axis of the price chart, wherein the horizontal axis represents time, wherein the server computer is configured to: construct a proposed financial transaction based upon an investment product associated with the first user interface element, and the first position; and cause the user device to display a summary of the proposed transaction on the user interface.

15. The user device of claim 14, wherein the first position of the first user interface element on the horizontal axis of the price chart determines a settlement date of the proposed transaction.

16. The user device of claim 15, wherein a second position of the at least one tick mark determines a strike price of the transaction.

17. The user device of claim 14, wherein the user interface is configured to display a buy interface that, when executed by the user of the user device, causes the server to execute a transaction via a financial transaction network to implement the selected investment product.

18. The user device of claim 17, wherein the financial transaction network enables transactions for virtual currency.

19. The user device of claim 14, wherein the user device is further configured to: display a user interface including an investment product selection tool, a settlement date selection tool, an investment product definition selection tool, a summary region, and a graph output region and wherein the server computer is configured to: transmit, to the server computer, an indication of a selected investment product out of the plurality of investment products, transmit, to the server computer, a selected settlement date, where the selected settlement date is determined by a user of the user device modifying the settlement date selection tool of the user interface, and transmit, to the server computer, a selected product definition value, where the selected product definition value is determined by the user of the user device modifying the investment product definition selection tool of the user interface, wherein the server computer is configured to: determine, using at least the selected investment product, the selected settlement date, and the selected product definition value, a profit/loss graph for the selected investment product, cause the user device to modify the graph output region of the user interface to display the profit/loss graph substantially in real-time as the user modifies the settlement date selection tool of the user interface, and cause the user device to display a summary of the selected investment product in the summary region of the user interface substantially in real-time as the user modifies the settlement date selection tool of the user interface.

20. The user device of claim 19, wherein the user device is configured to display a buy interface in the user interface that, when executed by the user of the user device, causes the server to execute a transaction via a financial transaction network to implement the selected investment product.