Electronic spread trading tool

A computer readable medium having stored therein instructions executable by a processor, wherein the instructions are executable to:

• receive a current position for a first commodity, wherein the current position comprises a particular quantity of the first commodity that has been bought or sold;
• automatically calculate a value based in part on a formula and the current position for the first commodity, wherein the formula is associated with a spread established between the first commodity and a second commodity;
• automatically set a quantity based on the calculated value for an order to be sent to an electronic exchange, wherein the order comprises a request to buy or sell the automatically set quantity of the second commodity at a specified price;
• and
• generate an order message for the order to buy or sell the second commodity, the order message to be sent to the electronic exchange and comprising the set quantity at the specified price.