Patent ID: 8484103
Filing Date: 2013-07-09
Classification: G06Q

Abstract:
1. A server for facilitating trading derivatives over a network, the server being coupled with a network and comprising: means for receiving, by the server, a request for an indicative quote from a requestor, for at least one product of a plurality of products from a particular responder station of a plurality of responder stations; means for transmitting the request for indicative quote, by the server, to the particular responder station of the plurality of responder stations; means for receiving, by the server, a request for binding quote from said requestor, for at least one product of said plurality of products from said particular responder station of the plurality of responder stations; means for transmitting the request for binding quote, by the server, to the particular responder station of the plurality of responder stations; whereby the requestor may cause transmission of the request for indicative quote for the at least one product via a computer network system to the particular responder station of the plurality of responder stations, a remaining of the plurality of responder stations not receiving the request for indicative quote; means for receiving, by the server, the indicative quote in response to the request for indicative quote, from the particular responder station for only the at least one product and subsequently receiving a subsequent indicative quote superseding a previous indicative quote; means for transmitting the indicative quote, by the server, to the requestor, and subsequently transmitting the subsequent indicative quote superseding the previous indicative quote; means for receiving, by the server, said binding quote in response to the request for binding quote, from the particular responder station for only the at least one product; and means for transmitting the binding quote for only the at least one product, by the server, to the requestor.