Patent ID: 8666872

Claim:
A computer-based method for facilitating the entry of an order for a commodity being traded electronically, the order having a quantity and a price, the method comprising: receiving by a computing device a current position for a first commodity, wherein the current position comprises a particular quantity of the first commodity that has been bought or sold; automatically calculating by the computing device a value based in part on a formula and the current position for the first commodity, wherein the formula is associated with a spread established between the first commodity and a second commodity; automatically setting by the computing device a quantity based on the calculated value for an order to be sent to an electronic exchange, wherein the order comprises a request to buy or sell the automatically set quantity of the second commodity at a specified price; and generating by the computing device an order message for the order to buy or sell the second commodity, the order message to be sent to the electronic exchange and comprising the set quantity at the specified price.