Systems and methods for providing anonymous requests for quotes for financial instruments
AssigneePipeline Financial Group, Inc.
InventorsHenri Waelbroeck, Brent Gamse, Fred J. Federspiel
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AssigneePipeline Financial Group, Inc.
InventorsHenri Waelbroeck, Brent Gamse, Fred J. Federspiel
Estimating the term…
Embodiments of the invention provide an anonymous RFQ system for financial instruments that resolves the inherent conflict between a capital provider's need for information and a market participant's need for confidentiality by creating an environment where market participants and capital providers can realize the benefits of sharing confidential trading interest (CTI) information without sacrificing anonymity or enabling information leakage. This secure environment preferably is created within an electronic matching book that distills all CTI information related to each Request for Quote (RFQ) into a risk class that is sent to capital providers in lieu of order-identifying or trader-identifying information. These risk classes give capital providers enough information to offer customized, risk-adjusted quotes without requiring the market participant to reveal confidential information about herself or her order.
A computer-implemented method for providing an anonymous request for quotation environment that enables sharing of confidential trading interest information without sacrificing anonymity or enabling information leakage, comprising:
Dependencies are inferred from the claim text.