Patent ID: 8195563
Filing Date: 2012-06-05
Classification: G06Q

Abstract:
1. An electronic trading system adapted to provide a communication platform for a plurality of workstations, each of said workstations permissioned to operate at an authorization level in said trading system, said authorization levels comprising: a broker workstation authorization level, the broker workstation authorization level authorized to view prices of current orders, enter bids or offers on behalf of the broker or on behalf of customer participants, and trade on current bids or offers on behalf of the broker or on behalf of customer participants; an interactive trader workstation authorization level, the interactive trader workstation authorization level authorized to view prices of current orders, enter bids or offers, and trade on current bids or offers; a view only workstation authorization level, the view only workstation authorization level authorized to view prices of current orders; a memory; and at least one processor, the at least one processor for executing instructions for displaying a graphical user interface, said interface for use in trading a financial instrument, the graphical user interface comprising: wherein the processor is configured to start the join the trade opportunity by authorizing additional participants to join the trade, and to start the countdown timer; wherein the join the trade opportunity comprises querying at least a portion of the additional participants to determine whether each of the additional participants desires to buy or sell a volume of the financial instrument.