Bloomberg L.p.

Bloomberg Finance L.p.

Alan Dweck

Andrew Hausman

Karen D Tannenbaum

Lawrence C Waldorf

Anish Malhotra

Guy Mock

Paul Brian Beatty, Jr

Richard Anthony Lawson Braham

Philip Brittan

Sergey Tarsis

Jigar Pancholi

Systems, methods, and computer program products for establishing and using credit limits between counterparties and for managing risk in the trading of financial interests. A trading party may control the amount of future financial exposure that the trading party will incur with any counterparty in one or more future time periods in trades by the trading party during a trading session. Credit limits may be used to permit proposed trades to be completed or not depending upon available credit. Where there is insufficient credit, the trade may be blocked or otherwise prevented from progressing towards completion. If there is insufficient credit and if trading up to available credit is permitted, a partial trade for an amount up to the credit limit may be allowed. During a trading session, the credit remaining of a set credit limit between the trading party and the respective counterparty is changed according to trades executed between the trading party and the counterparty. After the end of the trading session, the remaining credit may be automatically reset to the set credit limit for each counterparty and future time period.

Counterparty credit limits in computerized trading

Systems, methods, and computer program products for facilitating managing foreign currency exposure, such as that with respect to transactions in financial interests involving foreign currency exchange across multiple electronic trading platforms, financial systems, accounting systems or the like. Users may monitor their net foreign exchange ('FX') exposure in different currencies and on different value dates due to trading in foreign exchange, foreign currency-denominated equities, fixed-income securities, commodities, services, goods and other transactions involving foreign currency exchange. Various tools may be provided for monitoring and managing FX exposures across multiple trading platforms through ready access to FX liquidity sources as well as for conducting financial transactions involving foreign currency exchange, such as FX hedging or other types of transactions.

System and method for facilitating foreign currency management

The invention provides systems, methods, and programs for improved computer trading of financial and other interests, including improvements in the making, acceptance, and control of proposals for transactions in interests. Among improvements provided by the invention are the presentation of terms of proposed transactions to trading parties in terms selected or otherwise designated by the trading parties. For example, terms of proposed transactions may be displayed in present or future values, such as in straight or split amounts for forward swap agreements. Prices in currency exchanges may be expressed in terms of any of the involved currencies. Improvements further include improved means for changing terms of proposed transactions, and especially groups or sets of proposed transactions; restrictions on repeated acceptance of transaction proposals; trading by users on each other's behalf; and improved display of transaction information associated with fellow traders.

Computer trading of interests

Systems, methods, and computer program products for establishing and using credit limits between counterparties and for managing risk in the trading of financial interests. Credit filtered views of executable market information are provided to trading parties. By setting credit limits used to provide credit-filtered views, a trading party may control the amount of future financial exposure that the trading party will incur with any counterparty in one or more present-and/or future time periods in trades by the trading party during a trading session. The credit limit information may be used by a central computer to provide credit filtered market views to trading parties. During a trading session, the credit remaining of a set credit limit between the trading party and the respective counterparty is changed according to trades executed between the trading party and the counterparty.

Central credit filtering in computerized trading

Growing community of inventors

Turramurra, Australia

Alan Dweck