Patent ID: 8856041
Filing Date: 2014-10-07
Classification: G06Q

Abstract:
1. A non-transitory computer readable medium having stored therein instructions executable by a processor, wherein the instructions are executable to: receive market data relating to a plurality of tradeable objects, wherein the plurality of tradeable objects includes at least a first tradeable object, a second tradeable object, and a third tradeable object, wherein the tradeable objects are traded as legs of a trading strategy, wherein the trading strategy includes a multiplier associated with each leg; send a quoting order to an electronic exchange for the first tradeable object at a quoted price, wherein the quoted price is based at least in part on a lean price for each of the plurality of tradeable objects other than the first tradeable object; receive a fill confirmation for the quoting order for the first tradeable object at a filled price, wherein the filled price is different from the quoted price, wherein the filled price is better than the quoted price; determine a difference value between the quoted price and the filled price; determine a hedge price for each of the plurality of tradeable objects other than the first tradeable object based at least in part on the lean price for the tradeable object added to one of: send hedge orders for each of the plurality of tradeable objects other than the first tradeable object at the corresponding hedge price.