A trading system and method for trading forwards among a plurality of
parties is presented. Among the features that the system implements are
the following: counterparty enablement by forward term and/or region; a
user selectable area on the monitor for executing again a trade that was
just executed; a sweep trading feature for permitting a trader to
sequentially aggress on a series of orders in the same forward; a
spread-trading feature for allowing traders to directly trade on the
difference between bid prices and offer prices for corresponding orders
on a primary and secondary leg/link; providing a feature for joining
orders wherein a trader may add a new bid or offer that has the same
terms (e.g., price and quantity) of a perceived market best bid or offer;
and enabling a party to make multiple bids and offers for the same
forward within the same term at varying pricing.