An anonymous trading system comprises one or more matching engines, one or
more market distributors and one or more trader terminals for input of
orders from institutions trading on the system. The trader terminals are
connected to the system through bank nodes. A broker terminal is
connected through a bank node and enables voice brokers to trade on the
system on behalf of client traders. The voice brokers terminal can be
configured for any client trader and will display the market view for
that trader. Trades in which the broker terminal participates are not
concluded until a manual credit check has been performed.