A CONFIGURABLE ELECTRONIC TRADING SYSTEM AND THE METHOD THEREFOR

摘要

A configurable electronic trading system and the method therefor are disclosed, said system is used by a plurality of users and comprises: a computer system, a database provided in said computer system; means for receiving data including product information, price factors, and a set of price factor options for each price factor specified input from an authorized user and storing said data in said database; means for retrieving said data including product information, price factors and price factor options from said database and processing said data according to a pre-determined mathematical relation to create multiple single offers in said database; and means for receiving another user's selection to the price factor options of the respective price factors and providing a corresponding offer from the multiple single offers in said database to said another user. This system and method allow a trader to enter offers more rapidly, and allow a customer user to change his selection on the terms and get changed offers with a new price from the vendor instantly, thereby are more efficient to the users.