application is depicted in fig2 this order entry can include but is not limited to the following order attributes side quantity and auto executable price after an rfq has been entered the subject system queries the u201c events database u201d in step 105 and then performs a risk analysis in step 110 the risk analysis is based on a risk function driven by confidential information about the rfq and the trader 39 s historic behavior on the system in conjunction with an assessment of current market conditions a preferred risk function is described in detail below the u201c events database u201d is a database that provides information related to a trader 39 s historic behavior on the subject system system events pertaining to orders placed canceled expired or filled are associated with a particular trader stored in the events database and used to optimize the risk classification function as will be described below following each event a preferred embodiment of the subject system launches a process to calculate the volume weighted average price vwap of the symbol as it trades on the continuous markets up to aggregate sizes of 2 5 and 10 times the quantity of the event displayed quantity for an expired or cancelled order or filled quantity for a completed transaction this vwap information is stored in the database together with the corresponding event and the name of the associated trader the product of the risk analysis is a risk classification which is associated with the corresponding rfq in step 120 once the rfq has been assigned a risk class the subject system for brevity the term u201c subject system u201d is.