Patent ID: 8452690
Filing Date: 2013-05-28
Classification: G06Q

Abstract:
1. A method for money management in an electronic trading environment, the method comprising: storing a first plurality of money management filters via a memory of a client device having an electronic processor, where each filter is associated with at least one filter criterion and at least one filter condition, where the at least one filter criterion comprises a net profit level, and where the at least one filter condition comprises a maximum order quantity and a maximum net position; receiving an order submission for an order for a tradable object to be traded at an electronic exchange via an input of the client device; determining a net profit level based at least in part on a net position and a current market level for the tradable object via the client device; selecting a first money management filter to control order parameters associated with the order based on the net profit level via the client device; and modifying an order quantity associated with the order to a first maximum order quantity associated with the first selected money management filter according to the order quantity exceeding the first maximum order quantity via the client device.