| 摘要 |
The present invention provides a system and method that enables users, such as institutional investors and financial institutions, to interactively 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. 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, and communications among users via an automated processor. Such automated communications enable connectivity with users' internal, back-end systems to execute automated, straight-through processing, including transaction pricing, payment scheduling and journaling, derivatives trading, trade confirmation, and trade settlement. |
| 主权项 |
1. A method for converting a first set of internal objects, representing the terms of a transaction involving the exchange of financial instruments between a plurality of users of a system for facilitating transactions involving the exchange of financial instruments, into a second set of internal objects representing the terms of the transaction, the method comprising the following steps:
(a) applying an XSL stylesheet to convert the first set of internal objects into a document in a non-XML format; (b) applying an XSL stylesheet to the document in the non-XML format in order to dynamically generate a JavaScript program; and (c) executing the JavaScript program to produce the second set of internal objects, wherein the second set of internal objects includes transaction data describing the transaction, including:
(i) a type of the transaction;(ii) a plurality of parties to the transaction, including a buyer user and a seller user selected by the buyer user from a plurality of seller users of the system;(iii) a payment schedule pursuant to which the buyer user will make one or more payments to the seller user; and(iv) rate information which can include information relating to an interest rate or an exchange rate that can affect the calculation of the amount of one or more of the payments made pursuant to the payment schedule. |
