Architecture for anonymous trading system

US8027895B2 · kind B2 · utility

Assignee

• EBS Group Limited · GB

Inventors

• Edward R. Howorka · Denville, US
• Vladimir Neyman · West Orange, US
• Steven Iaccheo · Pompton Lakes, US
• Neena Jain · South Plainfield, US
• James Shu · Mountain View, US

Key dates

• Filing date: Jan 28, 2008
• Grant date: Sep 27, 2011
• Expiry date: Jan 28, 2028

Classification

• Technology area (CPC G): Physics
• CPC primary: G06Q40/00
• WIPO field: IT methods for management
• WIPO sector: Electrical engineering

Abstract

An anonymous trading system comprises a network of broker nodes, each of which have an equal status and can match orders, initiate deals and distribute prices. Trading agents are connected to some or all of the broker nodes. The network is arranged to conform to a series of rules and in a preferred embodiment the brokers are arranged as a clique tree.