Patent ID: 8938397
Filing Date: 2015-01-20
Classification: G06Q

Abstract:
1. A computerized method for facilitating trading of instruments on a computerized trading system comprising a master node, a plurality of trader terminals, and a plurality of intermediate nodes each arranged between the master node and one or more of the plurality of trader terminals, the method comprising the acts of: the master node receiving a first intermediate node credit profile from a first intermediate node, the first intermediate node credit profile comprising the credit status of a first party with respect to at least one other party on said computerized trading system, the credit status received from the first party; the master node receiving one or more further intermediate node credit profiles from one or more further intermediate nodes; the master node generating a master trader credit matrix using the first intermediate node credit profile and the one or more further intermediate node credit profiles, at least one of the credit statuses stored in the master trader credit matrix instructing the master node to ask a first trader to accept or reject a trade; and the master node receiving the first trader's response and updating the master trader credit matrix based thereon; and the master node allowing or denying trades based on the master trader credit matrix.