Invention Grant
- Patent Title: System and method for global trading exchange
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Application No.: US16127646Application Date: 2018-09-11
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Publication No.: US11295382B2Publication Date: 2022-04-05
- Inventor: Mark Gimple
- Applicant: Mark Gimple
- Applicant Address: US CT New Haven
- Assignee: Mark Gimple
- Current Assignee: Mark Gimple
- Current Assignee Address: US CT New Haven
- Agency: DeLio Peterson & Curcio LLC
- Agent David R. Pegnataro
- Main IPC: G06Q20/00
- IPC: G06Q20/00 ; G06Q40/04 ; H04L67/10 ; G06F9/455 ; G06F3/04847

Abstract:
A system and method for mitigating the effects of transit time latency in the execution of global trade orders at remote exchange servers utilizes a generated complex order. End users with certain trading protocols directed to their asset classes provide the co-located server with their trading parameters, and further personalize their trade orders by establishing rules for executing the orders at each co-located server. This is known as their complex order. A deployed strategy engine generates a virtual machine at each co-located server, which thus allows the co-located server to execute complex orders received from the end user. The end user may modify or delete the complex order at each co-located server at any time. Transit time latency issues are drastically reduced under this system and method.
Public/Granted literature
- US20190080408A1 System And Method For Global Trading Exchange Public/Granted day:2019-03-14
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