Certain embodiments include a method and apparatus for trading and clearing futures contracts using a clearing computer system. The apparatus includes providing a clearing computer system with an input device for receiving user input information including a base tick value and a trade price. The apparatus also includes a database for storing the user input information. The apparatus further includes a processor with programmable circuitry for calculating a settlement amount based on the user input information. Certain embodiments of the apparatus include a trigger for computer-assisted transfer of funds based on the settlement amount and an output for outputting at least one of the user input information and the settlement amount.