Methods, systems, and apparatus for improved trading of financial
interests via a computer network are disclosed. Improvements include
crossing or commingling of auction and non-auction transaction proposals;
disclosure of high bids and of identify of high bidders and offerors
during the auction process; presentation of reference benchmark prices
and benchmark-derived price references; immediate rescission of multiple
proposed transactions in case of emergency; time-limited passwords;
assignment of user access level classes; keyword tagging or
identification of offers or bids; the use of multiple data sets or
trading channels to enable separation of accounting and to accommodate
training and familiarization efforts; enabling the creation of data sets
in outside programs and subsequent and optionally repeated uploading or
importation of data to the auction system; and staging of transactions
for supervisory review. The invention includes methods and processes as
well as suitable computer programs and data processing systems.