System and method for displaying market information and order placement in an electronic trading environment

A system including:

• a computing device,
• wherein the computing device is configured to display a price movement indicator at a location associated with a particular price level of a plurality of price levels of a dynamic price axis, wherein the plurality of price levels of the dynamic price axis are displayed in a screen region such that a reference price level for a tradeable object is displayed at a designated location that is substantially fixed in the screen region, wherein a range for the plurality of price levels in the screen region is changeable according to market updates for the tradeable object, and
• wherein, in response to updating the reference price level based on a new market update for the tradeable object, the computing device is configured to update the location of the price movement indicator in relation to the dynamic price axis to a new location in the screen region for the particular price level.