Patent ID: 7797227

Claim:
A method for electronic trading comprising: determining, using a processor, that a trader satisfies at least one criterion for placing an order on a system, in which the at least one criterion comprises at least one of: a credit score that exceeds a first pre-determined amount, a quantity of sponsorships that exceeds a second pre-determined amount, a value level that exceeds a third pre-determined amount, an order placement level that exceeds a fourth pre-determined amount, and a cancellation level that does not exceeds a fifth pre-determined amount; receiving, from a remote device, an order from the trader, in which the remote device and the processor are in communication over a network; applying, using the processor, a test to the received order to determine whether the trader qualifies for an incentive, in which the test is based on a price or a quantity of the order; determining, using the processor, that based on the applied test that the trader qualifies for the incentive; applying, using the processor, the incentive to the order; and executing, using the processor, the order with the applied incentive, in which the act of executing the order comprises executing the order in advance of other orders in the trading queue, in which the order was received after the other orders were received.