A system for processing a composite trading order comprises a memory
operable to store market data received from one or more market centers.
The system further comprises a processor operable to generate a composite
value based at least in part on the market data. The processor is further
operable to receive a composite trading order associated with at least a
portion of the composite value. The processor is further operable to
generate a plurality of constituent trading orders that, when filled,
combine to satisfy the composite trading order.