The straight-through processing (STP) method is used by many large financial institutions and corporations. STP systems enable fully automated financial transactions with no manual intervention, thus the name "straight-through processing." Such systems were developed in the early 1990s with the intention of being used on equity trading markets. The most obvious advantage of the STP is that it saves time. The entire trading cycle, from order entry to order settlement, is handled automatically and without human intervention. Orders are handled in real time. They are sent directly from the trader to various liquidity providers in the interbank markets, with no broker intervention. Because traders have direct access to the interbank market, their orders are filled at better prices. In this case, orders are not routed through dealing desks. Instead, the STP broker routes them "straight through" to various liquidity providers, such as banks or larger brokerages. As a result, requotes and order execution delays are avoided. Shorter processing times, lower settlement risk, and lower operational costs are just a few of the benefits of using the STP system.