Invention Grant
US08688566B2 System and method for providing latency protection for trading orders
有权
为交易订单提供延迟保护的系统和方法
- Patent Title: System and method for providing latency protection for trading orders
- Patent Title (中): 为交易订单提供延迟保护的系统和方法
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Application No.: US13620804Application Date: 2012-09-15
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Publication No.: US08688566B2Publication Date: 2014-04-01
- Inventor: Peter Bartko , John Robert Capuano , Joseph C. Noviello , Brian Alexander Weston
- Applicant: Peter Bartko , John Robert Capuano , Joseph C. Noviello , Brian Alexander Weston
- Applicant Address: US NY New York
- Assignee: BGC Partners, Inc.
- Current Assignee: BGC Partners, Inc.
- Current Assignee Address: US NY New York
- Agent Thomas D. Bradshaw
- Main IPC: G06Q40/00
- IPC: G06Q40/00

Abstract:
A system for managing trading orders comprises a memory operable to store an order associated with a first price. The system further comprises a processor communicatively coupled to the memory and operable to identify a latency value. The processor is further operable to receive a counterorder and to identify a potential trade associated with the order and the counterorder, the potential trade based at least in part on the first price. If the latency value satisfies a configurable condition, the processor is further operable to initiate a configurable period of time. If the potential trade is not valid upon expiration of the configurable period, the processor is further operable to prevent the execution of the potential trade.
Public/Granted literature
- US20130159158A1 SYSTEM AND METHOD FOR PROVIDING LATENCY PROTECTION FOR TRADING ORDERS Public/Granted day:2013-06-20
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