Patent ID: 8165955
Filing Date: 2012-04-24
Classification: G06Q

Abstract:
1. A computer implemented method for negotiating the price for a traded security using a computer trading system, comprising: electronically communicating by said computer trading system a security, and a bid or offer terms thereof, to investors from at least one dealer; enabling an investor to provide an indication of interest in purchasing the security to at least one dealer; enabling a plurality of dealers to provide a bid in response to the indication of interest; storing a bid from each of the plurality of dealers for at least one period of time in a database accessible by said computer trading computer system; electronically transmitting the stored bid received from each of the plurality of dealers to the plurality of investors at substantially the same time and electronically transmitting substantially simultaneously to the plurality of investors an available inventory of security issues on a standardized manner that are being offered and bid on by the plurality of dealers; enabling the investor to accept, reject or provide a counter-offer to at least one bid; and enabling selecting, by the plurality of investors, different inventories from the available inventory, using a plurality of filters for displaying of the different inventories comprising offers, bids, and actively-traded securities.