Patent ID: 8234204
Filing Date: 2012-07-31
Classification: G06Q

Abstract:
1. A processor-implemented method for automatically identifying a counter party position for a short or long position, the method comprising: receiving at a first terminal at least two member short positions; receiving at the first terminal at least two member long positions; identifying at the first terminal via a processor a selected short position from the at least two member short positions and a selected long position from the at least two member long positions, the selected short position and the selected long position having parameters associated with the positions; and executing via the processor the transaction between the selected member long position and the selected member short position based on the parameters associated with the positions; wherein the transaction includes a system-facilitated lending on a pro-rata basis between the selected positions if total selection member long position is greater than total selection member short position for a given financial instrument and borrowing on a pro-rata basis if total selection member short position is greater than total selection member long position for a given financial instrument.