Patent ID: 8065222

Claim:
A method for event-based trading, comprising: receiving, by a computer device, an electronic trading rule to be executed when a first news event value matches a second news event value to be known at a later time, wherein the second news event value originates from a source other than an electronic exchange that matches orders at prices for a tradeable object; displaying, on a graphical interface, a trading rule icon at a first location of a plurality of locations corresponding to news event values along an axis, wherein the first location corresponds to the first news event value, and wherein the trading rule icon is adjustable via a user input device to be displayed at a second location corresponding to a third news event value, and wherein after the adjustment of the trading rule icon to the second location, the first news event value in the electronic trading rule is changed to the third news event value, and wherein after the adjustment of the trading rule icon the electronic trading rule is to be executed when the third news event value matches the second news event value; receiving, by the computer device, the second news event value before the adjustment of the trading rule icon; executing, by the computer device, the electronic trading rule when the second news event value matches the first news event value, wherein executing the electronic trading rule comprises generating a transaction message to be sent to the electronic exchange; and providing a graphical indicator in relation to the trading rule icon to indicate a current stage of execution of the electronic trading rule.