Patent ID: 7028006

Claim:
A comparative price performance framework for allowing comparison of price performance among a plurality of brokers over a given time period, comprising: at least one database, comprising for each broker: a first set of data linking the broker with a plurality of clients, including transactions performed by the broker for each client during the time period, and the price charged by the broker for each said transaction; and a second set of data comprising each broker's experience and transaction volume; a software means in communication with the database for sorting the brokers and their respective first sets of data into a plurality of peer groups, the peer groups being based on pre-determined ranges of broker experience and transaction volume, as determined from each broker's second set of data; and an interface in communication with the software means for displaying, for a selected broker: price statistics for the broker's transactions during the time period; and comparative price statistics for the transactions of brokers within the same peer group as the selected broker; wherein the price charged by the broker for each transaction represents the broker's commission and the price statistics and the comparative price statistics are statistics on the broker's commissions.