Patent attributes
A trading system and method for trading forwards among a plurality of parties is presented. Among the features that the system implements are the following: counterparty enablement by forward term and/or region; a user selectable area on the monitor for executing again a trade that was just executed; a sweep trading feature for permitting a trader to sequentially aggress on a series of orders in the same forward; a spread-trading feature for allowing traders to directly trade on the difference between bid prices and offer prices for corresponding orders on a primary and secondary leg/link; providing a feature for joining orders wherein a trader may add a new bid or offer that has the same terms (e.g., price and quantity) of a perceived market best bid or offer; and enabling a party to make multiple bids and offers for the same forward within the same term at varying pricing.
