MARKET PARTICIPANTS

Brand Owner (click to sort) Address Description
BATON CORE BATON SYSTEMS, INC. 39650 Liberty St., Suite 360 Fremont CA 94538 Platform as a service (PAAS) services featuring a software platform for enabling post-trade services and activities between market participants, namely, trade matching, clearing and settlement of assets between institutions, clearing and settling currency, bonds, and all classes of assets and financial instruments, and managing ledgers and back-office operations such as reconciliations and regulatory reporting; computer-based services, namely, computer software development, computer software integration services, computer consultation services, and operating computer systems and computer networks featuring software for multiple systems and networks related to the processing of trade transactions involving financial instruments and management of information and documentation related to clearing, settlement, reporting, accounting and account reporting;
CORE-COLLATERAL BATON SYSTEMS, INC. 39650 Liberty St., Suite 360 Fremont CA 94538 Platform as a service (PAAS) services featuring a software platform for enabling post-trade services and activities between market participants, namely, automating and optimizing collateral management and the transfer of cash and securities in connection with the trading and handling of futures contracts and managing back-office operations such as reconciliations and regulatory reporting;
CORE-FX BATON SYSTEMS, INC. 39650 Liberty St., Suite 360 Fremont CA 94538 Platform as a service (PAAS) services featuring a software platform for enabling post-trade services and activities between market participants, namely, trade matching, clearing, payment and settlement of currency trades between institutions, post-trade processing of currency trade transactions and management of information and documentation related to transfer, payment, clearing, settlement and managing ledgers and back-office operations such as reconciliations and regulatory reporting;
CORE-LIQUIDITY BATON SYSTEMS, INC. 39650 Liberty St., Suite 360 Fremont CA 94538 Platform as a service (PAAS) services featuring a software platform for enabling post-trade services and activities between market participants, for clearing and settlement of assets between institutions, namely, clearing and settling currency, bonds, and all classes of assets and financial instruments and managing ledgers and back-office operations such as reconciliations and regulatory reporting to achieve settlement finality;
CORE-PAYMENTS BATON SYSTEMS, INC. 39650 Liberty St., Suite 360 Fremont CA 94538 Platform as a service (PAAS) services featuring a software platform for enabling post-trade services and activities between market participants, namely, automating and reconciling payments in connection with the clearing and settlement of assets between institutions, the clearing and settling of currency, bonds, and all classes of assets and financial instruments, and managing ledgers and back-office operations such as reconciliations and regulatory reporting;
 

Where the owner name is not linked, that owner no longer owns the brand

   
Technical Examples
  1. A computer network and method for electronically trading derivatives. One preferred method of trading includes providing indicative quotes to market participants (which typically includes subscribers, but may also include market makers) to provide a non-binding indication of how the market makers are likely to price the particular derivative. A participant may then submit an RFQ, which is a request for a binding quote for the derivative. The RFQ preferably causes the current order book to be displayed on all subscribers' terminals, typically in the form of a row indicating the derivative of interest along with the current binding bid and binding ask prices. The indicative bid and ask prices may also be displayed, as well as the quantity (if any) requested in the RFQ. Market participants may then elect to submit an order for the corresponding derivative. Typically, the market participants will await an indication that a market maker has submitted a binding quote.