摘要 |
Systems and methods for electronic trading are disclosed. A trading system may store information indicative of limits on trading of items between trading entities, including an entity that is a non-credit extending entity. The computer system may then determine respective order books for at least two trading entities, where the order books include dealable bids and offers that have been individualized using stored trading limits. The stored trading limits may in some cases include different limits for different items (which may be different foreign currency pairs, in one embodiment). In other instances, trading limits may be indicative of a net position that a trading entity is permitted to take in an item. Bids and offers may be individualized based on different costs associated with different trading entities. |