Patent ID: 8655768
Filing Date: 2014-02-18
Classification: G06Q,G07F

Abstract:
1. A method, comprising: receiving by at least one computing device from a user a request to place a first order to trade a first product, the request being made using an account that comprises one or more current balances, and wherein the first product comprises a first betting product; determining by the at least one computing device a risk value for the first order based at least in part on the first product; determining by the at least one computing device whether to approve the first order based at least in part on the risk value determined for the first order and one or more of the current balances for the account; and if the first order is approved, placing by the at least one computing device the first order on an exchange; receiving by the at least one computing device from the user a request to place a second order; placing by the at least one computing device the second order on the exchange; matching by the at least one computing device the first order with a third order to at least partially fill the first order; and based at least in part on matching the first order with the third order, canceling by the at least one computing device the second order.