Method and system for improving equity trade order acknowledgement times
US8655769B2 · kind B2 · utility
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4Claims
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Key dates
| Filing date | Jun 7, 2012 |
| Grant date | Feb 18, 2014 |
| Priority date | — |
| Expiry date | Jun 7, 2032 |
Classification
- Technology area (CPC H)Electricity
- CPC primaryH04L67/1008
- WIPO fieldDigital communication
- WIPO sectorElectrical engineering
Abstract
A method and system for improving stock exchange equity trade order acknowledgment times including a network appliance (“trade accelerator”) in the sub-network of the trading platforms, having a specialized network flow processor with associated micro-code and a host processor running specialized software. Specialized network appliance software sensitive to trading protocols for communicating between trading platforms and exchange servers detects latency variations in trade order acknowledgments at the exchange and recommends to subscribing trading platforms a least latency trade order path.
Source: USPTO / EPO open patent data. Objective bibliographic and citation counts.