AUTOMATED ELECTRONIC TRADE MATCHING SYSTEMS AND METHODS SUPPORTING A NEGOTIATION FRAMEWORK
Embodiments of the present invention may provide an electronic negotiation framework and data storage system to facilitate the electronic trading of corporate bonds, government bonds, and other semi-liquid financial assets. The electronic negotiation framework may allow two or more market participan...
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Format: | Patent |
Sprache: | eng ; fre ; ger |
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Zusammenfassung: | Embodiments of the present invention may provide an electronic negotiation framework and data storage system to facilitate the electronic trading of corporate bonds, government bonds, and other semi-liquid financial assets. The electronic negotiation framework may allow two or more market participants to engage each other in an electronic negotiation using numeric responses. These responses may be captured, stored, and then converted into market-standard, conversant messages which are transmitted over a communication network. This electronic "conversation" preferably follows a structured rubric determining the "receive/respond" prompts which enable opposing parties to more efficiently reach mutually agreeable transaction terms. All of these receive/respond messages may be stored in the computer system's database for structured review and analysis. |
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