Patent ID: 8185465

Claim:
A method for providing computer-implemented trading for securities, comprising: enabling providing respective computer-generated interfaces for a plurality of dealers and a plurality of investors via a communications network enabling messages to be exchanged between the dealer interfaces and the investor interfaces; enabling the plurality of dealers to communicate an available inventory of security issues to the plurality of investors via the investor interfaces; enabling at least one of the plurality of investors to submit an inquiry, via at least one of the investor interfaces, for trading at least one of the security issues to the plurality of the dealers; enabling the plurality of dealers to provide at least one of an offer and a bid, via the dealer interfaces, in response to the at least one inquiry; at least temporarily storing the at least one offer and bid provided by at least one of the plurality of dealers; releasing the at least one offer and bid to the plurality of investors concurrently; and transmitting for display to the plurality of investors the inventory of the security issues on a standardized and sortable manner that are being at least one of offered and bid on by the plurality of dealers including issue identifier, coupon rate, details of each of the at least one of the dealer bid and offer, and status of an indicated price, thereby providing the plurality of investors information to determine in real-time which of the plurality of dealers provides the favored terms for the securities issue.