Apparatus, method and program for a fixed income trading system

摘要

A trading apparatus includes a network server. The network server includes at least one processor which executes computer executable code, an interface through which orders are received by the trading apparatus, and a memory. The memory stores computer executable code, the code (i) maintains a database pertaining to trading activity; (ii) processes passive orders; (iii) processes aggressive orders; and (iv) executes trades based on the aggressive orders.