Orders are automatically sent to the market when certain user defined
conditions are met. In particular, a trader can configure the trading
application to automatically send orders for preset quantities at price
levels with queues falling below a user-defined threshold. The length of
queues may be measured in several ways, for example, the queue length
could be measured by quantity at a given price level or the queue length
could be measured by the number of orders at a given price level, or the
queue length could be measured by a combination of quantity and orders.
The present embodiments can more quickly recognize opportunities and send
an order to take advantage of it than a trader can do manually. Other
advantages and features are described herein.