Optimized electronic match engine with external generation of market data using a minimum data set

US11238533B2 · kind B2 · utility

Assignee

• Chicago Mercantile Exchange Inc. · US

Inventors

• Pearce Peck-Walden · Chicago, US
• Rosa Frenkel · Buffalo Grove, US
• José Antonio Acuña-Rohter · Chicago, US
• Pritesh Soni · Naperville, US
• Dileep Chakravarthi Konduru · Schaumburg, US
• Melissa Jenner · Naperville, US
• Frederic Malabre · Middletown, US

Key dates

• Filing date: Aug 19, 2015
• Grant date: Feb 1, 2022
• Expiry date: Sep 15, 2037

Classification

• Technology area (CPC G): Physics
• CPC primary: G06Q30/0201
• WIPO field: IT methods for management
• WIPO sector: Electrical engineering

Abstract

Systems and methods are provided for an optimized electronic match engine of an exchange is disclosed that distributes a minimum data set to an external market data generation (MDG) processor. The optimized electronic match engine derives a minimum data set from data already known to the optimized electronic match engine. The MDG processor may extract the minimum data set and uses it to generate market data outside of the optimized electronic match engine. In some examples, an order entry (OE) message transmitted from the optimized electronic match engine may be appended with the minimum data set in a simple binary encoding (SBE) format.