Patent · US Active

Facilitation of deterministic interaction with a dynamically changing transaction processing environment

US12198190B2 · kind B2 · utility

0Cited by
18References
27Claims
0Family size

Assignee

Inventors

Key dates

Filing dateMay 23, 2023
Grant dateJan 14, 2025
Priority date
Expiry dateJul 12, 2043

Classification

  • Technology area (CPC G)Physics
  • CPC primaryG06F16/951
  • WIPO fieldComputer technology
  • WIPO sectorElectrical engineering

Abstract

The disclosed embodiments relate to ensuring that a selected value, selected, for example, via interaction with a graphic user interface, of a dynamically changing parameter, such as a price, is used when generating an electronic data transaction request message in a data transaction processing system, such as an electronic trading system. The data transaction processing system being a system in which data items, such as financial contracts, e.g., futures contracts, are transacted or otherwise traded by a hardware matching processor that attempts to match electronic data transaction request messages with electronic data transaction request messages counter thereto for the same one of the data items based on multiple transaction parameters. A selected value is temporarily buffered allowing the represented value to update wherein a subsequently generated transaction may be based on the buffered value rather than an updated value.

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