For each quote entered into a computerized anonymous trading system, the
system determines if it is waiting to be "hit" (would be matched with the
first hit of a predetermined size) at a substantial number of trading
floors, and if so, notifies the trader originating the quote. The
substantial number of floors is preferably expressed as greater than a
predetermined percentage of the available trading partners with whom
credit has been established on a bilateral basis, and is preferably
greater than 25%. In an alternate embodiment, the system provides a
graphical display to the market maker originating a particular quote
indicating how many trading floors are poised to hit that particular
quote, and/or a numeric display indicating a price that would be Hittable
by a predetermined number or percentage of available trading partners.