Patent ID: 6985883

Claim:
A computerized trading system for enabling a plurality of traders to trade with one another, the trading system comprising: a central computer system including at least one computer, the central computer system receiving quotes; a plurality of trader terminals, each of the trader terminals being associated with a respective trader, at least some of the traders sending one or more of the quotes to the central computer system via their respective trader terminals; the central computer system forwarding best dealable quote information to each trader terminal of at least a subset of the trader terminals indicating which of the quotes received by the central computer system is the best quote which can be accepted by the trader using the respective trader terminal as a function of credit information related to such trader; and each trader terminal of the subset displaying the best dealable quote which the trader associated with that trader terminal can accept as a function of the best dealable quote information sent to it whereby such best dealable quote has been prescreened for credit.