Systems and methods of identifying relative ordering for electronic data transaction requests
US10922751B2 · kind B2 · utility
Assignee
Inventor
Key dates
| Filing date | Oct 30, 2015 |
| Grant date | Feb 16, 2021 |
| Priority date | — |
| Expiry date | Jul 5, 2037 |
Classification
- Technology area (CPC G)Physics
- CPC primaryG06Q40/04
- WIPO fieldIT methods for management
- WIPO sectorElectrical engineering
Abstract
An electronic exchange computing system is provided that includes a computer storage system, at least one transceiver, and a processing system. The storage system stores an electronic order book. The transceiver receives data transaction requests and transmits messages of an electronic data feed. The processing system generates an identifier, which may be referred to as a transaction identifier, for received data transaction requests. The identifier may be generated in a non-sequential and increasing manner such that it is greater than previously generated identifiers. The processing system will process the data transaction request and generate an electronic data feed message based on how data transaction request is handled. The electronic data feed message is sent to client computing system and includes the generated identifier.
Source: USPTO / EPO open patent data. Objective bibliographic and citation counts.