Electronic trading platform and method thereof

US8868461B2 · kind B2 · utility

Assignee

• Miami International Securities Exchange, LLC · US

Inventors

• Matthew Rotella · Northampton, US
• David H. Blackman · Corona, US
• Oleksandr Brezitskyy · Lansdale, US
• Paul Fost · Pound Ridge, US
• Bharat Karia · Edison, US
• Anatoly Khusid · Cherry Hill, US
• David Lehmann · Lumberton, US
• Matthew Mintel · Williamstown, US
• Kevin Mueller · Munich, DE
• Vinay Rao · Wayne, US
• Douglas Schafer · Rose Valley, US
• Ilya Shnayder · Milltown, US
• Muna Tang

Key dates

• Filing date: Dec 6, 2013
• Grant date: Oct 21, 2014
• Expiry date: Dec 6, 2033

Classification

• Technology area (CPC G): Physics
• CPC primary: G06Q40/04
• WIPO field: IT methods for management
• WIPO sector: Electrical engineering

Abstract

An electronic trading platform performs trading of one or more types of financial instruments and includes at least one cloud providing at least one independent trading environment executed by a server. The at least one cloud includes a plurality of instances of an express interface application executed by the server and configured to receive interests in the financial instruments. The plurality of instances of the express interface application are configured to write the interests to a shared memory on the server. A matching engine, executed by the server, is configured to continuously poll the shared memory, read the interests written by the plurality of instances of the express interface application, analyze the read interests to determine if there is a matching contraside interest and allocate matching interests based on at least one allocation rule.