How does the trading floor operate?
The buyer or seller puts up a trade on the Trading Floor. The traders who are interested in the deal contact the originator with a soft quote for further negotiations. The originator gets all the offers sent by various traders for the deal and then he / she has the option to choose the best of them. Once the originator chooses the suitable offer, the trader who has sent the offer can be contacted through the system for further negotiations and Final Contract. All the negotiations are done online and the Comdaq Administrators provide any assistance required by the parties during the same. When a contract is made, the counterparties are revealed and automatic emails are sent to the Responsible Person of both parties with complete details.
