| 摘要 |
<p>A system and method is provided for linking a Rolling Spot Currency contract (i.e. futures contracts in the foreign exchange market) with a Principal Market Maker (i.e. quoter) specialist program designed to replicate an over-the-counter bank trading environment by merging a combined trader and broker, with a traditional futures pit trading environment. The link includes a Principal Market Maker (PMM) computer (12), a computer (10) coupled to computer (12) for trading rolling spot currency, a conventional electronic brokerage and trading network (14) such as the REUTERS trading system, a limited access network (26) used by non-professional traders, and a clearing facility (48), which is coupled to PMM computer (12), computer (10), network (14) and limited access network (26) to confirm and settle trades executed by PMM computer (12). These elements of the link are coupled to PMM computer (12) to receive and transmits bids and offers for international currency trading.</p> |
