System And Method For Transfer Of Confirmation Data In A Distributed Electronic Trading System
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United States of America Patent
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N/A
Issued Date -
Sep 18, 2008
app pub date -
Mar 16, 2007
filing date -
Mar 16, 2007
priority date (Note) -
Abandoned
status (Latency Note)
Importance
Abstract
According to one embodiment, a system for confirmation data transfer in a distributed trading network includes a memory and an account manager. The memory stores a confirmation address associated with a trading account. The account manager receives a trading order associated with the trading account and sends a confirmation message to the confirmation address, where the confirmation message indicates that the trading order has been received. The account manager receives a manage account request generated in response to the confirmation message, where the manage account request requests performance of a management operation on the trading account, and perform the management operation on the trading account.
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