Patent ID: 7752117

Claim:
A method for managing electronic trades for a tradeable object, comprising: receiving a request to submit an order to buy or sell a quantity of a tradeable object at a price to an electronic exchange via a user input device associated with a computing device; responsive to the request and prior to sending the order to the electronic exchange, monitoring the order via the computing device to determine whether a user-defined money management filter corresponding to the order matches the order, the user-defined money management filter having a user-defined filter condition for modifying an order parameter of the order; identifying a match between the money management filter and the order via the computing device; in response to identifying, modifying, via the computing device, the order parameter of the order according to the filter condition of the money management filter, the order parameter of the order being modified to a modified order quantity; and sending the order with the modified order quantity at the price to the electronic exchange, via the computing device.