Patent ID: 8538855

Claim:
A method for trading in an electronic trading environment, comprising: detecting, by a computer device, that at least a portion of an order quantity of a first order for a first tradeable object was filled at a first price by a first electronic matching process corresponding to the first tradeable object, wherein the first order is associated with a trading strategy comprising at least the first tradeable object and a second tradeable object, and wherein the trading strategy further comprises a desired price for the trading strategy; determining, by the computer device, a plurality of quantities for a plurality of offset orders for the second tradeable object to offset the at least a portion of the order quantity of the first order that was filled, wherein the plurality of quantities are determined according to a quantity allocation rule that is used to divide an offset order quantity for the second tradeable object between the plurality of offset orders, wherein the offset order quantity is based on at least the portion of the order quantity that was filled and further based on the trading strategy; determining, by the computer device, a plurality of prices for the plurality of offset orders, wherein the plurality of prices are determined based on the first price of the first order, further based on the desired spread price, and further based on a fractional pay-up tick value; and automatically sending, by the computer device, the plurality of offset orders having the plurality of quantities at the plurality of prices to a second electronic matching process corresponding to the second tradeable object.