Systems and methods for coordinating processing of scheduled instructions across multiple components

US11288744B2 · kind B2 · utility

Assignee

• Chicago Mercantile Exchange Inc. · US

Inventors

• Zachary Bonig · Skokie, US
• Eric Thill · Naperville, US
• Pearce Peck-Walden · Chicago, US
• José Antonio Acuña-Rohter · Chicago, US
• Barry Galster · Chicago, US
• Neil Steuber · Evanston, US
• James Bailey · Ontarioville, US
• Jake Siddall · Chicago, US

Key dates

• Filing date: Jul 10, 2020
• Grant date: Mar 29, 2022
• Expiry date: Jul 10, 2040

Classification

• Technology area (CPC G): Physics
• CPC primary: G06Q10/1093
• WIPO field: IT methods for management
• WIPO sector: Electrical engineering

Abstract

The disclosed embodiments relate to implementation of a trading system or trading system architecture having multiple transaction processors that execute financial transactions as well as scheduled tasks. The multiple transaction processors perform all actions independently of each other, but can be configured to execute the financial transactions or scheduled tasks in a controlled, coordinated, and/or synchronized manner based on time signal data augmented to the financial transactions or scheduled tasks by a transaction receiver/orderer.