Patent ID: 8700520

Claim:
A computer implemented method of determining a market for a product, the method comprising: receiving, by an identification processor, identification for a new product for which an order book is not available on an exchange, the new product comprising first and second components; identifying, by the identification processor in response to the receiving, a first available order book for a first available product listed on the exchange and a second available order book for a second available product listed on the exchange, the first available product comprising the first component and the second available product comprising the second component; correlating, by a correlation processor coupled with the identification processor, the first and second available order books based on one or more components of the first and second available products; generating, by a market generator coupled with the identification processor and the correlation processor, a new order book for the new product based on the correlating; and causing the new product to be listed on the exchange such that subsequently received orders to buy or sell the new product are matched based on the new order book or entered into the new order book.