Patent ID: 7853504

Claim:
A method for trading in an electronic trading environment, the method including: receiving by a computing device a definition for a trading strategy, wherein the trading strategy includes a first leg and a second leg, wherein the first leg corresponds to a first tradeable object and the second leg corresponds to a second tradeable object; receiving by the computing device a desired strategy price for a strategy order according to the definition for the trading strategy; automatically sending by the computing device a first leg order at a first price for the first tradeable object in response to receiving the desired strategy price for the strategy order, wherein the first leg order is associated with the strategy order, wherein the first price is determined according to the definition for the trading strategy based on the desired strategy price and market data for the second tradeable object; receiving by the computing device a command to individually select the strategy order, wherein the command includes a tolerance parameter; assigning by the computing device the tolerance parameter to the individually selected strategy order in response to receiving the command; and working by the computing device the first leg order according to the definition for the trading strategy based on the desired strategy price, the market data for the second tradeable object, and the tolerance parameter assigned to the individually selected strategy order.