System and method for automated trading

Abstract

An automated trader facilitates automatic trading of tradeable objects over one or more electronic exchanges. According to one embodiment, an automated trader utilizes a user programmable interface. The user programmable interface allows the user to simply develop a program that is based on a set of specifications and relationships given by the user and input into a profile, or if desired, input directly into the programmable interface referred to as direct entry. For each tradeable object, a profile may be selected, and then an automated trader can execute the program to perform a series of actions according to that selected profile and directed order entry, if any. An automated trader may also be used at a communication level to create an intelligent interface between third-party trading-related applications and exchanges.

1 . A method for use in electronic trading environment that assists a trader in making trades in at least on market, the method comprising: 
 selecting a tradeable object from a market to trade;    selecting a first profile having at least one parameter associated with a first trading strategy;    automatically calculating an order parameter based on the first profile and conditions in the market; and    sending a first order to the market, where one or more parameters of the first order is associated with the calculated order parameter.    
   
   
       2 - 42 . (canceled)