Patent · US Active

Adjusting transaction distribution based on predicted open transaction execution rates

US11042849B2 · kind B2 · utility

1Cited by
4References
20Claims
0Family size

Assignee

Inventors

Key dates

Filing dateJul 10, 2019
Grant dateJun 22, 2021
Priority date
Expiry dateJan 30, 2040

Classification

  • Technology area (CPC H)Electricity
  • CPC primaryH04L9/50
  • WIPO fieldIT methods for management
  • WIPO sectorElectrical engineering

Abstract

A transaction processing system is configured to receive a transaction request to execute a transaction at one or more of a plurality of third party systems. The transaction processing system accesses an adjusted transaction record storing a plurality of open transactions received from the plurality of third party systems. The transaction processing system further divides the transaction request into one or more split transaction requests. The one or more split transactions requests are sent to a corresponding third party system for execution. The corresponding third party system executes the open transaction corresponding to each split transaction at the requested unit count of each split transaction. In response, the transaction processing system receives an execution report from one or more of the plurality of third party systems.

Source: USPTO / EPO open patent data. Objective bibliographic and citation counts.