Abstract: Disclosed embodiments provide a computing system configured to match a set of transactions associated with an online trading system. The computing system includes a memory that includes a client service engine, a price update event engine, and a match processing engine. The computing system further includes a processor coupled to the memory. When executing the client service engine, the processor is configured to receive, from one or more client devices, a plurality of order requests during a first interval of configurable duration. When executing the price update event engine, the processor is configured to set a plurality of mid-rate prices corresponding to the first interval. When executing the match processing engine, the processor is configured to determine that the first interval has expired, and in response, match a first order request included in the plurality of order requests with a second order request included in the plurality of order requests.

Abstract: Systems and methods of conducting financial transactions are disclosed. One method disclosed comprises receiving prices from a plurality of providers, updating a database of providers based at least in part on the received prices, and arranging the prices in the updated database of providers by arranging bid rates in a first order, arranging offer rates in a second order, and resolving a tie.

Abstract: The present invention provides a system and method that enables users, such as institutional investors and financial institutions, to engage in capital market transactions, including the trading of Over-the-Counter financial products, via the Internet (including the World Wide Web). The system includes a variety of servers, applications, and interfaces that enable users to interactively communicate and trade financial instruments among one another, and to manage their portfolios. Interactive communications supported by the system include: requesting price quotes, monitoring and reviewing quote requests, issuing price quotes, monitoring and reviewing price quotes, negotiation between users, acceptance of price quotes, reporting, portfolio management, analysis of financial information and market data, calendaring, and communications among users and/or system administrators, including e-mail, chat, and message boards.