Patent ID: 7827093

Claim:
A computerised method for facilitating trading in a financial instrument between dealers in response to a request for pricing a requesting dealer on an amount of said financial instrument, comprising: receiving by a broker at a central computer system of an electronic trading system an open request for pricing on said amount of said financial instrument from said requesting dealer; selecting at said central computer system a group of dealers from a plurality of other dealers available for communication with said broker through said electronic trading system, and transmitting, over a communications network, an anonymous request, based on said open request, on behalf of said requesting dealer to said group of dealers; selecting by said central computer system a best bid and/or a best offer from a plurality of bids and/or offers submitted to said electronic trading system by said group of dealers in response to said anonymous request; and sending by said central computer system said best bid and/or said best offer to said requesting dealer so that said requesting dealer can trade at either said best bid or said best offer, to cancel said anonymous request, or to issue a counter to said best bid or said best offer.