Market operation through regulation of incoming order match allocation and/or dynamic resting order match allocation priorities

Number of patents in Portfolio can not be more than 2000

United States of America Patent

PATENT NO 11875405
APP PUB NO 20230078579A1
SERIAL NO

17977395

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ATTORNEY / AGENT: (SPONSORED)

Importance

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Abstract

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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.

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Patent Owner(s)

  • CHICAGO MERCANTILE EXCHANGE INC.

International Classification(s)

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  • [Patents Count]

Inventor(s)

Inventor Name Address # of filed Patents Total Citations
Acuña-Rohter, José Antonio Des Plaines, US 55 469
Bonig, Zachary Skokie, US 76 541
Callaway, Paul Chicago, US 37 392
Castette, Sean Chicago, US 6 54
Peck-Walden, Pearce Chicago, US 65 489
Reddy, Kireeti Chicago, US 9 203
Yamaguchi, Akira Chicago, US 326 4545

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