A Straight-Through-Processing (STP) trading platform provides a fully
electronic and seamless solution to all substantially aspects of the
trading cycle for fixed income instruments and other financial
instruments. In an exemplary embodiment, all participants to a trade
transaction have access to computer software that facilitates trade order
management, trade order generation, trade execution (including electronic
axes), trade allocation, allocation acknowledgement, trade confirmation,
and finally acquisition of settlement instructions. In said exemplary
embodiment, the STP trading platform includes computer software modules
including at least an account management module and an electronic trading
module to handle the various stages of executing a trade, confirming the
trade, and facilitating settlement of the trade.