-
公开(公告)号:US20240273626A1
公开(公告)日:2024-08-15
申请号:US18642018
申请日:2024-04-22
发明人: Ari Studnitzer , Zachary Bonig , Ryan Eavy , Frank Kmiec , Barry Galster , Paul Callaway
IPC分类号: G06Q40/04
CPC分类号: G06Q40/04
摘要: The disclosed embodiments relate to implementation of a trading system, which may also be referred to as a trading system architecture, having improved performance which further assures transactional determinism under increasing processing transaction loads while providing improved trading opportunities, fault tolerance, low latency processing, high volume capacity, risk mitigation and market protections with minimal impact, as well as improved and equitable access to information and opportunities.
-
公开(公告)号:US12056769B2
公开(公告)日:2024-08-06
申请号:US17887840
申请日:2022-08-15
发明人: Zachary Bonig , Matthew Morano , Francis Bernard Bakalar , Baris Mestanogullari , James Allen Bailey , Frank Kmiec , Ari L. Studnitzer , Pearce Ian Peck-Walden
CPC分类号: G06Q40/04 , G06N20/00 , G06Q40/125
摘要: Systems and methods for controlling use of a credit pool in connection with electronic trading in a plurality of product groups via a set of match engines are described. Credit data indicative of a current magnitude of the credit pool is obtained. A plurality of allocations of the credit pool are determined, based on the credit pool, across the plurality of product groups. For each allocation of the plurality of allocations, allocation data indicative of the allocation is provided to a respective credit controller of a set of credit controllers. The respective credit controller is disposed at a respective match engine to which a respective product group of the plurality of product groups is assigned. The use of the credit pool for an incoming order in a respective product group is thus limited in accordance with the allocation data provided to the credit controller at the respective match engine.
-
公开(公告)号:US12045887B2
公开(公告)日:2024-07-23
申请号:US18237173
申请日:2023-08-23
发明人: Ari Studnitzer , Zachary Bonig , Ryan Eavy , Frank Kmiec
CPC分类号: G06Q40/04
摘要: The disclosed embodiments relate to implementation of a trading system, which may also be referred to as a trading system architecture, having improved performance which further assures transactional determinism under increasing processing transaction loads while providing improved trading opportunities, fault tolerance, low latency processing, high volume capacity, risk mitigation and market protections with minimal impact, as well as improved and equitable access to information and opportunities.
-
公开(公告)号:US20240185347A1
公开(公告)日:2024-06-06
申请号:US18542916
申请日:2023-12-18
发明人: Paul Callaway , Sean Castette , Kireeti Reddy , Akira Yamaguchi , José Antonio Acuña-Rohter , Pearce Peck-Walden , Zachary Bonig
IPC分类号: G06Q40/04
CPC分类号: G06Q40/04
摘要: The disclosed embodiments relate to regulation of a rate of incoming orders by buffering or otherwise batching orders together as they are received and subsequently forwarding batches of orders to a match engine for processing thereby in a manner which may equalize orders from traders having varying abilities to rapid submit orders or otherwise capitalize on market events. The disclosed embodiments further relate to prioritizing the matching of resting orders against an incoming order. In particular, the disclosed embodiments alter the priority of a given resting order to match against an incoming order, relative to other suitably matching resting orders, as a function of how long the orders have been resting on the order book.
-
公开(公告)号:US20240185344A1
公开(公告)日:2024-06-06
申请号:US18438566
申请日:2024-02-12
发明人: Ari Studnitzer , Zachary Bonig , Ryan Eavy , Frank Kmiec , Barry Galster , Paul Callaway
IPC分类号: G06Q40/04
CPC分类号: G06Q40/04
摘要: The disclosed embodiments relate to implementation of a trading system, which may also be referred to as a trading system architecture, having improved performance which further assures transactional determinism under increasing processing transaction loads while providing improved trading opportunities, fault tolerance, low latency processing, high volume capacity, risk mitigation and market protections with minimal impact, as well as improved and equitable access to information and opportunities.
-
公开(公告)号:US20230078579A1
公开(公告)日:2023-03-16
申请号:US17977395
申请日:2022-10-31
发明人: Paul Callaway , Sean Castette , Kireeti Reddy , Akira Yamaguchi , José Antonio Acuña-Rohter , Pearce Peck-Walden , Zachary Bonig
IPC分类号: G06Q40/04
摘要: The disclosed embodiments relate to regulation of a rate of incoming orders by buffering or otherwise batching orders together as they are received and subsequently forwarding batches of orders to a match engine for processing thereby in a manner which may equalize orders from traders having varying abilities to rapid submit orders or otherwise capitalize on market events. The disclosed embodiments further relate to prioritizing the matching of resting orders against an incoming order. In particular, the disclosed embodiments alter the priority of a given resting order to match against an incoming order, relative to other suitably matching resting orders, as a function of how long the orders have been resting on the order book.
-
公开(公告)号:US20230024968A1
公开(公告)日:2023-01-26
申请号:US17958832
申请日:2022-10-03
发明人: Ari Studnitzer , Zachary Bonig , Ryan Eavy , Frank Kmiec
IPC分类号: G06Q40/04
摘要: The disclosed embodiments relate to implementation of a trading system, which may also be referred to as a trading system architecture, having improved performance which further assures transactional determinism under increasing processing transaction loads while providing improved trading opportunities, fault tolerance, low latency processing, high volume capacity, risk mitigation and market protections with minimal impact, as well as improved and equitable access to information and opportunities.
-
公开(公告)号:US11532043B2
公开(公告)日:2022-12-20
申请号:US14644525
申请日:2015-03-11
发明人: Paul Callaway , Sean Castette , Kireeti Reddy , Akira Yamaguchi , Jose Antonio Acuña-Rohter , Pearce Peck-Walden , Zachary Bonig
IPC分类号: G06Q40/04
摘要: The disclosed embodiments relate to regulation of a rate of incoming orders by buffering or otherwise batching orders together as they are received and subsequently forwarding batches of orders to a match engine for processing thereby in a manner which may equalize orders from traders having varying abilities to rapid submit orders or otherwise capitalize on market events. The disclosed embodiments further relate to prioritizing the matching of resting orders against an incoming order. In particular, the disclosed embodiments alter the priority of a given resting order to match against an incoming order, relative to other suitably matching resting orders, as a function of how long the orders have been resting on the order book.
-
公开(公告)号:US20220394111A1
公开(公告)日:2022-12-08
申请号:US17887705
申请日:2022-08-15
发明人: David Alan Lariviere , Bernard Pieter Hosman , Pearce Ian Peck-Walden , Ari L. Studnitzer , Zachary Bonig , Manmathasivaram Nagarajan , Brian Alvin Bourn , Suchith Vasudevan
摘要: The disclosed embodiments relate to implementation, such as by a message processing system architecture, of a message handling system and/or protocol which mitigates optimistic messaging behavior. As used herein optimistic messaging behavior may at least refer to the transmission, in whole or in part, of a message, or of one or more messages of a sequence thereof, to a receiving system, such as the system implemented by the disclosed embodiments, prior to the sender determining that the message(s) is/are desired, alone or in conjunction with subsequently canceling or otherwise invalidating the message(s) once it has been determined that it is not desired. The disclosed embodiments mitigate such behavior by detecting and taking action with respect to these types of messages to deter optimizing behavior which may or may not be manipulative, while maintaining reliable message handling under increasing processing loads with minimal impact on users being able to send messages to the system.
-
公开(公告)号:US11475520B2
公开(公告)日:2022-10-18
申请号:US17097053
申请日:2020-11-13
发明人: Ari Studnitzer , Zachary Bonig , Ryan Eavy , Frank Kmiec , Barry Galster , Paul Callaway
摘要: The disclosed embodiments relate to implementation of a trading system, which may also be referred to as a trading system architecture, having improved performance which further assures transactional determinism under increasing processing transaction loads while providing improved trading opportunities, fault tolerance, low latency processing, high volume capacity, risk mitigation and market protections with minimal impact, as well as improved and equitable access to information and opportunities.
-
-
-
-
-
-
-
-
-