07742976 is referenced by 7 patents and cites 11 patents.

A system and associated methods are provided for smart hedging in an electronic trading environment. According to one example method, a first order for a first tradeable object and a second order for a second tradeable object are placed based on a spread strategy. Upon receiving an indication that a quantity of the first order is filled, the method involves determining if the second order can be used to offset the quantity filled of the first order by determining if a price of the second order would result in achieving a desired spread price defined for the spread strategy. If the price results in the desired price, the second order is used to offset the quantity filled for the first order in an attempt to achieve the desired spread price. Other tools are provided as well.

Title
System and method for smart hedging in an electronic trading environment
Application Number
11/415351
Publication Number
7742976 (B1)
Application Date
May 1, 2006
Publication Date
June 22, 2010
Inventor
Alexander D Deitz
Chicago
IL, US
Eric M Herz
Naperville
IL, US
Sagy P Mintz
Lincolnshire
IL, US
Michael J Burns
Riverside
IL, US
Agent
McDonnell Boehnen Hulbert & Berghoff
Assignee
Trading Technologies International
IL, US
IPC
G06Q 40/00
View Original Source