Patent ID: 8626637

Claim:
A non-transitory computer readable medium having a computer program, which is executable by a computer for use in a computer network system having internet access, comprising: a program code arrangement having program code for trading an interest by performing the following: providing an opportunity to a trader to simultaneously trade against two or more standing orders for the interest at one or more price levels; receiving from the trader a request to execute selected orders from the two or more standing orders; and executing the selected orders; wherein the computer network system provides integrated credit derivative brokerage services, and wherein the network arrangement includes: a credit default swap (CDS) module providing trading, trade capture, confirmations, maintenance of reference data, and reporting, the CDS arrangement including a CDS database (CDS DB); a credit portal module providing a customer front end for real-time credit market data, and providing a historical reporting and search facility for at least one of brokers and traders; a credit mart module providing a credit data mart structured for disseminating credit data, the credit mart arrangement serving as a data source for the credit portal arrangement; a credit editor module providing a data-cleansing interface to the credit mart arrangement accessed via the credit portal arrangement; a credit trading system (CTS) module, having an associated back-end CTS database (CTS DB), providing order management and serving as an authoritative source for real-time, electronic orders for credit default swaps of the CDS arrangement; a credit trade capture (CTC) system module providing a middle-office trade capture and confirmation system; a data depot (DD) module centrally storing all market data; and a market data processor (MDP) module that collects, transforms, and formats the market data, wherein the MDP serves as a trade management service (TMS) client and a price broadcast service (PBS) client.