Patent ID: 8560428

Claim:
A computer-implemented system for generating hedging orders for financial instruments, the system comprising: a shared file server for receiving spreadsheets from at least two trader systems including a first spreadsheet having a first unique order identifier from a first trader system, and a second spreadsheet having a second unique order identifier from a second trader system, each trader system including; an electronic spreadsheet application executed by a processor, a Dynamic Data Exchange (DDE) interface coupled to the electronic spreadsheet application, the electronic spreadsheet application configured to create and transmit orders to the DDE interface with respect to the financial instruments, each order containing the respective unique order identifier; and a financial instrument server coupled to the DDE interface of each trader system, the financial instrument server storing the unique order identifier and generating an executable order for forwarding to a trading engine, the financial instrument server automatically receiving real time update data from the trading engine and transmitting the real time update data to the electronic spreadsheet application through the DDE interface, wherein the second trader system submits a status request using the first unique identifier in order to monitor orders of the first trader and upon receiving a predetermined real time update related to the first order, generates the second order having the second unique order identifier using the spreadsheet of the second trader system in order to hedge against the first order.