A system for processing transaction data associated with a market transaction is provided that includes a pre-processor module configured to receive transaction data and to create objects associated with the transaction data, a marketspace module connected to the pre-processor module and configured to hold the objects, and an execution engine connected to the marketspace module and configured to retrieve the objects from the marketspace module and to match at least one object to at least another object (based upon the pluggable algorithm).

 
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