Patent ID: 8793176

Claim:
An apparatus comprising: a processor; and a memory, in which the memory stores instructions which, when executed by the processor, direct the processor to: receive market data in real-time from a market data source; generate a trading model that adjusts dynamically to the received market data, in which the trading model comprises at least one triggering event that is determined in advance of receiving any market data; compute a result based on the market data and the trading model; receive an indication that the at least one triggering event has occurred; generate, in response to receiving the indication that the at least one triggering event has occurred, a first trading command, in which the first trading command comprises the result that was computed based on the market data and the trading model; queue the first trading command in a queue of trading commands for transmission to an electronic trading system at a predetermined time, and transmit at least one trading command from the queue to the electronic trading system, in which the at least one trading command comprises at least one of the first trading command and a second trading command.