Patent ID: 8180692

Claim:
A method for electronic trading, the method comprising: receiving a selection for a price of a spread trade via a user input for a computing device, the spread trade including a trade for a plurality of tradeable objects; determining a first price for a first tradeable object of the plurality of tradeable objects via the computing device, the first price being determined based on the price of the spread trade and market information for a second tradeable object of the plurality of tradeable objects at a first time; submitting a first order to an electronic exchange via the computing device, the first order including the first price for the first tradeable object of the plurality of tradeable objects; determining, via the computing device, a working price for the spread trade based on market information for the second tradeable object of the plurality of tradeable objects at a second time; and determining whether a price condition is satisfied based on comparing the working price for the spread trade to a spread limit via the computing device; and in response to the price condition being satisfied, submitting a new order to the electronic exchange via the computing device, the new order including a new price for the first tradeable object determined based on the price of the spread trade and market information for the second tradeable object of the plurality of tradeable objects at a third time.