Patent ID: 8117105

Claim:
A method for allowing prospective traders to selectively match indications of interest or binding orders with contra parties based on reliability ratings of potential contra-parties and the trading characteristics or market capitalization for the security desired to be traded, the method comprising: (a) receiving, by a computer system, from a party, for each of a plurality of security characteristics, a minimum credit rating for desired contra parties for trades having the specified security characteristic; (b) receiving, by the computer system, from the party, order information corresponding to a security, the order information consisting of a security identifier and the order type; (c) determining, by the computer system, a security characteristic corresponding to the identified security; (d) identifying, by the computer system, the minimum credit rating specified by the party for the determined security characteristic; and (e) matching, by the computer system, the trading indication only to a contra party satisfying the identified minimum credit rating.