Click Based Trading with Market Depth Display

A system including:

• a computer device,
• wherein the computer device is configured to display a graphical user interface comprising an order entry region, the order entry region comprising a plurality of locations for receiving commands to send a trade order to buy or sell a tradable object at an electronic exchange, each location corresponding to a price level of a plurality of price levels, wherein the price level associated with each location dynamically changes based on market data being received from the electronic exchange,
• wherein the computer device is configured to define a reference price level for order placement of trade orders to buy or sell the tradable object,
• wherein the computer device is configured to detect an initiation of placement of a trade order relating to the tradable object at a price through a selection by a user input device of a location corresponding to the price level in the order entry region,
• wherein the computer device is configured to determine a selected price corresponding to the selected location when the selection is received,
• wherein the computer device is configured to compare the selected price of the trade order to buy or sell the tradable object to an acceptable price range, wherein the acceptable price range is based on the reference price level and an offset parameter,
• wherein the computer device is configured to initiate submission of the trade order to the electronic exchange when the price of the order is within the acceptable price range, and
• wherein the computer device is configured to prevent initiation of submission of the trade order to the electronic exchange when the price of the trade order is outside the acceptable price range.