1. A method of dealing on a network of interconnected computers for conducting single-period auctions where there is one offeror and at least one offeree, comprising: posting of at least one item offered for trade on the network through a trading channel between one offeror's computer and at least one offeree's computer; submitting of bids by offerees for the item offered for trade; requiring predetermined information about the offerees submitting bids be transmitted to the one offeror before determining a trading price; applying a one offeror selected set of criteria to strike out bids the offeror does not wish to consider; and applying a one offeror determined criteria to determine the price at which the offeror is willing to trade the at least one item; and connecting said one offeror and at least one offeree through a central computer adapted to convey to the one offeror and said at least one offeree, individualized tradable bid prices and sizes to a depth, and said prices, sizes and depth automatically determined by taking into account all of the current flow limits between said one offeror, said at least one offeree, and between all offerees.