ORDER DELIVERY IN A SECURITIES MARKET
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United States of America Patent
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Issued Date -
Jan 12, 2012
app pub date -
Jun 30, 2011
filing date -
Jun 5, 2002
priority date (Note) -
Abandoned
status (Latency Note)
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Abstract
A method of processing delivery messages in a security processing architecture includes receiving an expression of interest to enter into a transaction to buy or sell a security, matching the expression of interest with other expressions of interest, sending a message to a market participant that a match exists, recording a delivery in a delivery log file, recording the delivery in a delivery work in process (WIP) file, and receiving a response message from the market participant.
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