Patent ID: 7761368

Claim:
A method, comprising: initiating an electronic chat session on two trader computing devices of an electronic trading system between at least two traders using the trader computing devices to negotiate terms of a transaction of financial instrument, wherein the trader computing devices are communicably connected to each other and to a central processing center via a communications network; transmitting, by one of the trader computing devices, trader input indicating a selected financial instrument agreed upon during the electronic chat session by the traders to transact; receiving the trader input at the central processing center of the electronic trading system via one of the trader computing devices indicating the selected financial instrument agreed upon during the electronic chat session by the traders to transact; transmitting, by one of the trader computing devices, trader input indicating contract terms defining the transaction of the financial instrument agreed upon during the electronic chat session by the traders; receiving the trader input at the central processing center of the electronic trading system via one of the trader computing devices indicating the contract terms defining the transaction of the financial instrument agreed upon during the electronic chat session by the traders; retrieving, by the central processing center of the electronic trading system, a format pre-selected for each of the traders; generating, by the central processing center of the electronic trading system, an electronic trade ticket for the transaction, wherein generating the electronic trade ticket comprises formatting the electronic trade ticket for each of the traders based upon the format pre-selected for each of the traders; and transmitting, by the central processing center of the electronic trading system, the electronic trade ticket to the traders.