Transactionally deterministic high speed financial exchange having improved efficiency, communication, customization, performance, access, trading opportunities, credit controls, and fault tolerance

US10445832B2 · kind B2 · utility

Assignee

• Chicago Mercantile Exchange Inc. · US

Inventors

• Ari Studnitzer · Northbrook, US
• Zachary Bonig · Skokie, US
• Ryan Eavy · Chicago, US
• Frank Kmiec · Streamwood, US
• Barry Galster · Chicago, US
• Paul J. Callaway · Chicago, US
• Jacques Doornebos · Riverside, US
• Matthew Coffey · Woodland, US

Key dates

• Filing date: May 26, 2017
• Grant date: Oct 15, 2019
• Expiry date: Feb 2, 2038

Classification

• Technology area (CPC G): Physics
• CPC primary: G06Q40/02
• WIPO field: IT methods for management
• WIPO sector: Electrical engineering

Abstract

The disclosed embodiments relate to implementation of a trading system, which may also be referred to as a trading system architecture, having improved performance which further assures transactional determinism under increasing processing transaction loads while providing improved trading opportunities, fault tolerance, low latency processing, high volume capacity, risk mitigation and market protections with minimal impact, as well as improved and equitable access to information and opportunities.