Electronic device operable as a trader in a market

摘要

An electronic device, operable as a trader in a market, the electronic device comprising: communication means for communicating a quote price to the market and for receiving a preceding market quote price made in the market; a plurality of trader agents including trader agents for buying by communicating a bid at a quote price in the market and trader agents for selling by communicating an offer at a quote price in the market; and selection means for selecting, in dependence upon the preceding market quote price and upon whether the device's next quote price is an offer or a bid, which of the plurality of trader agents communicates the next quote price to the market.