Patent ID: 7165045

Claim:
A system for facilitating securities trading comprising: a computer; a trader rules database accessible by said computer; a set of trader risk assessment rules stored on said trader rules database; software executing on said computer for receiving trader information from a trader, for retrieving said set of trader risk assessment rules from said trader rules database, and for assigning a trader risk rating to the trader based upon the received trader information and said set of trader risk assessment rules; a trade rules database accessible by said computer; a set of trade risk assessment rules stored on said trade rules database; software executing on said computer for receiving trade details from a trader for a proposed trade, for retrieving said set of trade risk assessment rules from said trade rules database, and for assigning a trade risk rating to the proposed trade based upon the received trade details and said set of trade risk assessment rules; and software executing on said computer for automatically approving the proposed trade if the trader risk rating and the trade risk rating bear a predetermined relationship to one another.