EP 4193255 A1 20230614 - ELECTRONIC TRADING SYSTEM AND METHOD BASED ON POINT-TO-POINT MESH ARCHITECTURE
Title (en)
ELECTRONIC TRADING SYSTEM AND METHOD BASED ON POINT-TO-POINT MESH ARCHITECTURE
Title (de)
ELEKTRONISCHES HANDELSSYSTEM UND VERFAHREN AUF DER BASIS EINER PUNKT-ZU-PUNKT-MESH-ARCHITEKTUR
Title (fr)
SYSTÈME ET PROCÉDÉ DE NÉGOCIATION ÉLECTRONIQUE BASÉS SUR UNE ARCHITECTURE MAILLÉE POINT À POINT
Publication
Application
Priority
- US 202016988491 A 20200807
- US 202016988510 A 20200807
- US 2021044754 W 20210805
Abstract (en)
[origin: WO2022031975A1] An electronic trading system and corresponding method are based on a point-to-point mesh architecture. The electronic trading system comprises a gateway, core compute node, and sequencer. The core compute node performs an electronic trading matching function. The gateway transmits a message to the core compute node via a first direct connection. The gateway transmits the message via a second direct connection to the sequencer which, in turn, transmits a sequence-marked message to the core compute node via a third direct connection. The core compute node determines relative ordering of the message among other messages in the electronic trading system based on the sequence-marked message to complete the electronic trading matching function, deterministically. The gateway, core compute node, sequencer, and respective direct connections form at least a portion of the point-to-point mesh architecture and enable the electronic trading system to perform high-speed, deterministic, electronic trading of financial instruments while exhibiting low latency, fairness, and fault tolerance, among other features.
IPC 8 full level
G06F 9/48 (2006.01); G06F 9/54 (2006.01); G06F 11/00 (2006.01)
CPC (source: EP)
G06F 9/4881 (2013.01); G06F 9/546 (2013.01)
Citation (search report)
See references of WO 2022031975A1
Designated contracting state (EPC)
AL AT BE BG CH CY CZ DE DK EE ES FI FR GB GR HR HU IE IS IT LI LT LU LV MC MK MT NL NO PL PT RO RS SE SI SK SM TR
Designated extension state (EPC)
BA ME
Designated validation state (EPC)
KH MA MD TN
DOCDB simple family (publication)
WO 2022031975 A1 20220210; AU 2021320315 A1 20230309; EP 4193255 A1 20230614; JP 2023539430 A 20230914
DOCDB simple family (application)
US 2021044754 W 20210805; AU 2021320315 A 20210805; EP 21770090 A 20210805; JP 2023507533 A 20210805