Patent ID: 7899736

Claim:
A method for electronic trading of a tradeable object, the method comprising: receiving a market information for a tradeable object via a trading device, the market information identifying a plurality of orders for the tradeable object pending execution at an electronic exchange, the plurality of orders including inside market orders at an inside market for the tradeable object and at least one outside market order outside of the inside market for the tradeable object, where each order of the plurality of orders includes a quantity to buy or sell the tradeable object at a price; generating a price axis for the tradeable object on a display associated with the trading device, the price axis being generated according to the market information and having a plurality of consecutive price levels for the tradeable object; generating order indicators along the price axis, where each order indicator is associated with at least one of the plurality of orders and is located along the price axis according to the price of the at least one of the plurality of orders; receiving a range of quantity levels for trading the tradeable object via the trading device, the range of quantity levels having at least a minimum quantity level and a maximum quantity level; generating an effective quantity axis relative to the price axis via the trading device, the effective quantity axis having a range corresponding to the range of quantity levels for trading the tradeable object; generating an effective ask price indicator as a function of the range of quantity levels via the trading device, where the effective ask price indicator is generated along the price axis and the effective quantity axis and where the effective ask price indicator includes a plurality of effective ask prices each determined according to the market information and a corresponding quantity level of the plurality of quantity levels; generating an effective bid price indicator as a function of the range of quantity levels axis via the trading device, where the effective bid price indicator is generated along the price axis and the effective quantity axis and where the effective bid indicator includes a plurality of effective bid prices each determined according to the market information and a corresponding quantity level of the plurality of quantity levels; receiving a user command via a user input device associated with the trading device, the user command identifying a selected one of the plurality of consecutive price levels of the price axis relative to the effective ask price indicator and the effective bid price indicator; and initiating submission of a user order for the tradeable object to the electronic exchange via the trading device, the user order having an order price corresponding to the selected one of the plurality of consecutive price levels.