System and method for icon oriented representation of trading strategies

A computer readable medium having instructions stored thereon, which when executed by a processor cause the processor to carry out acts comprising:

• selecting a first subset of icons from an icon library having a plurality of icons each representing an order type, where the first subset of icons is selected based on orders available at a first electronic exchange;
• receiving a first user command to select a first icon from the subset of icons and to move the first icon to a first location of a first value axis for a tradeable object, where the first location represents a price of a first order for a first tradeable object;
• displaying a first order icon associated with the first order at the first location;
• selecting a second subset of icons from the icon library, where the second subset of icons is selected based on orders available at a second electronic exchange;
• receiving a second user command to select a second icon from the subset of icons, to move the second icon to a second location of a second value axis for a second tradeable object, and to associate a second order with the first order, where the second location represents a price for a second order for a second tradeable object;
• displaying a second order icon at the second location;
• and
• displaying a graphical indicator relative to first order icon and the second order icon representing an association between the first order and the second order.

A client device displaying a graphical interface for defining a trading strategy, comprising:

• a memory having an icon library having a plurality of icons including each representing an available for trading at least one exchange;
• an icon identifier configured to select a subset of icons from the icon library based on types of orders available at a connected electronic exchange;
• a graphical user interface having:
• a first value axis having a first plurality of value levels, each associated with a price of a first tradeable object traded at a first electronic exchange and a second value axis having a second plurality of value levels, each associated with a price of a second tradeable object traded at a second electronic exchange;
• a input device configured for selecting and moving:
• a first order icon relative to a first location of the first value axis to graphically represent a state of a first order for the first tradeable object and a first price for the first order,
• a second order icon relative to a second location of the second value axis to graphically represent a state of a second order for the second tradeable object and a second price for the second order;
• and
• a graphical indicator between the first order icon and the second order icon identifying the association between the first order to the second order.