Patent ID: 7337140
Filing Date: 2008-02-26
Classification: G06Q

Abstract:
1. A method for minimizing communications bandwidth among parties trading a plurality of products, each comprising at least one derivative, the method comprising: receiving, via a network, data indicating an identity of a market maker station of a plurality of market maker stations; receiving from a requestor, via the network, a request for identification of at least one market maker station, of the plurality market maker stations, associated with a market maker interested in quoting for at least one product of the plurality of products; determining, in response to the request, an identity of a market maker station associated with a market maker interested in quoting for the at least one product based on the data; enabling communications between the requestor and the identified market maker station to allow the requestor to request an indicative quote for only the at least one product of the plurality of products from the identified market maker station; enabling communications between the requestor and at least the identified market maker station of the plurality of market maker stations to allow the requestor to request a binding quote for only the at least one product of the plurality of products from the at least identified market maker station; and whereby the requestor may cause transmission of the request for the indicative quote for the at least one product via the network to the identified market maker station of the plurality of market maker stations, the remaining of the plurality of market maker stations not receiving the request for an indicative quote, and whereby the identified market maker station may respond to the request for indicative quote with an indicative quote for only the at least one product and the at least identified market maker station may respond to the request for a binding quote with a binding quote for only the at least one product.