Patent ID: 8694398
Filing Date: 2014-04-08
Classification: G06Q

Abstract:
1. A method of placing a trade order in an electronic trading environment, the method comprising: displaying an inside market for a tradeable object via a display associated with a computing device, the inside market having a best bid and a best ask available for the tradeable object at an electronic exchange; receiving a preset trade order parameter for changing a price of a trade order to be submitted to the electronic exchange, the trade order parameter received via an input device associated with the computing device; receiving a user command for entering a trade order for the tradeable object via the input device, the user command identifying a price for the trade order outside of the inside market; in response to the user command, determining a trade order price according to at least the preset trade order parameter and the identified price via the computing device, wherein the trade order price is different than the identified price; and submitting the trade order for the tradeable object at the trade order price to the electronic exchange.