Patent ID: 8249978

Claim:
A method comprising: receiving by a computer device a command representing an order request that comprises an order to buy or sell a quantity of a tradeable object at a first price level, wherein the order request is not sent to a matching engine at an electronic exchange until a preset rate of trades occurring at one or more prices to buy or sell the tradeable object is detected, wherein the preset rate of trades is based on an order quantity traded at the one or more prices; displaying by the computer device an order indicator representing the order request in a first location of a plurality of locations, each location of the plurality of locations corresponding to a price level along a price axis, wherein the first location corresponds to the first price level; before the preset rates of trades is detected, receiving by the computer device a command that selects the order indicator and moves the order indicator to a second location corresponding to a second price level along the price axis; and, in response to the command, changing by the computer device the first price level of the order to the second price level, wherein when the preset rate of trades is detected, the order request comprising the order to buy or sell the quantity of the tradeable object at the second price level is released to the matching engine at the electronic exchange.