Patent ID: 7516097

Claim:
A method comprising: causing to be presented to at least a respective first trader and second trader an interface comprising a plurality of options on how the respective trader wants a trading system to process pending trades that cause warning limits to be exceeded, the plurality of options including: the trading system automatically rejecting the pending trades, the trading system automatically executing in part the pending trades such that the executed in part trades do not cause the warning limits to be exceeded, and the trading system automatically executing in full the pending trades; receiving from each of the first trader and the second trader a selection of one of the plurality of options; in addition to the selection of the first trader, receiving from the first trader a first warning limit specified against the second trader; in addition to the selection of the second trader, receiving from the second trader a second warning limit specified against the first trader; after receiving the selection of the first trader, the selection of the second trader, the first warning limit, and the second warning limit: receiving at the trading system a first order from the first trader; and receiving at the trading system a second order from the second trader, in which the first order and the second order result in a pending trade between the first trader and the second trader; determining that execution of the pending trade between the first trader and the second trader causes at least one of the first warning limit and the second warning limit to be exceeded; and processing the pending trade between the first trader and the second trader based on the selection of the first trader and the selection of the second trader, in which processing the pending trade comprises at least one of: the trading system automatically rejecting the pending trade, the trading system automatically executing in part the pending trade such that the executed in part trade does not cause the first warning limit nor the second warning limit to be exceeded, and the trading system automatically executing in full the pending trade.