Systems and methods of facilitating trading of instruments

US8938397B2 · kind B2 · utility

Assignee

• ICAP Services North America LLC · US

Inventors

• Richard Rosenberg · Prospect, US
• Patrick Gerard Morgan · Wynnebrook Manor, US
• Michael Schneider · Wien, AT

Key dates

• Filing date: Sep 15, 2010
• Grant date: Jan 20, 2015
• Expiry date: Feb 1, 2031

Classification

• Technology area (CPC G): Physics
• CPC primary: G06Q40/04
• WIPO field: IT methods for management
• WIPO sector: Electrical engineering

Abstract

Systems and methods of facilitating trades of instruments are provided. A master node and a plurality of intermediate nodes store counterparty credit matrices. Trades are executed based on the information stored in these matrices. The systems and methods allow selection of trading options that not only accept or reject a trade, but also can indicate a credit status to be assigned to a counterparty to the trade.