Patent ID: 8547199

Claim:
A system for trading bonds electronically, the system comprising at least one processor and at least one tangible memory device having software stored thereon, the at least one processor connected over a computer network to at least one selling user computer and a plurality of bidding user computers, and wherein the software, when executed by the at least one processor, directs the at least one processor to: transmit a list of bonds to a selling user computer; receive from the selling user a selection of a bond from the list of bonds to be included in a bid wanted; receive a bid wanted for at least one bond lot comprising the selected bond from the selling user computer; transmit the bid wanted to a plurality of bidding users; receive a plurality of bids responding to the bid wanted from the plurality of bidding users; and transmit to the selling user computer a list of the bids received from the plurality of bidding users.