Abstract: Peering partners register with a peering grid for direct broadband routing of call offers. The peering grid terminates call offers on behalf of peering partners, collecting call detail records, summarizing termination usage, and calculating a payment to be provided to the peering partner in return for using the services of the peering grid. A call detail record may be generated for the peering partner, which may include a market value of call traffic, a variable cost of the call traffic, and a determined compensation amount. The market value is based on revenue for terminations of the call traffic from the peering grid, the variable cost is a function of sharing the market value between the peering grid and the peering partner, and the compensation amount due is a function of the variable cost.