Patent ID: 8566219

Claim:
A method of risk check for a trading strategy, the method comprising: receiving, via a computing device, a trading strategy comprising a first order to trade a first quantity of a first tradeable object at a first electronic exchange and a second order to trade a second quantity of a second tradeable object at a second electronic exchange; prior to sending the first order to the first electronic exchange and prior to sending the second order to the second electronic exchange, comparing, via the computing device, a first order quantity value for the first order quantity to a corresponding first risk value; prior to sending the first order to the first electronic exchange and prior to sending the second order to the second electronic exchange, comparing, via the computing device, a second order quantity value for the second order quantity to a corresponding second risk value; and in response to both (a) the first order quantity value not exceeding the corresponding first risk value, and (b) the second order quantity value not exceeding the corresponding second risk value, submitting, via the computing device, the first order to the first electronic exchange, the first order being submitted to the first electronic exchange prior to the second order being submitted to the second electronic exchange; detecting, via the computing device, a match of the first order at the first electronic exchange; and submitting, via the computing device, the second order to the second electronic exchange subsequent to detecting the match of the first order at the first electronic exchange.