A system and methods for dynamically changing a trade order quantity in an electronic trading environment are described herein. According to one example embodiment, an automated trading tool determines if a leaned on quantity of a trading strategy has increased or decreased and if so, dynamically changing a desired order quantity to reflect the change in the leaned on quantity. Dynamically changing an order quantity may be more profitable for a trader as order queue position may be maintained and portion of the desired order quantity may get filled; rather than a trader losing their order queue position and/or taking a chance of not getting any of their order quantity filled.

Title
System and Method for Dynamically Changing an Electronic Trade Order Quantity
Application Number
11/692284
Publication Number
20080243709
Application Date
March 28, 2007
Publication Date
October 2, 2008
Inventor
Thomas A Peterson
Chicago
IL, US
Michael J Burns
Riverside
IL, US
Sagy P Mintz
Lincolnshire
IL, US
Agent
Mbhb Trading Technologies
IL, US
Assignee
Trading Technologies International
IPC
G06Q 40/00
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