Invention Grant
- Patent Title: Detection and mitigation of effects of high velocity value changes based upon match event outcomes
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Application No.: US16992577Application Date: 2020-08-13
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Publication No.: US11210683B2Publication Date: 2021-12-28
- Inventor: Neil A. Lustyk , John Scheerer , James Bailey , Paul Millhuff
- Applicant: Chicago Mercantile Exchange Inc.
- Applicant Address: US IL Chicago
- Assignee: Chicago Mercantile Exchange Inc.
- Current Assignee: Chicago Mercantile Exchange Inc.
- Current Assignee Address: US IL Chicago
- Agency: Lempia Summerfield Katz LLC
- Main IPC: G06Q30/00
- IPC: G06Q30/00 ; G06Q30/02 ; G06Q40/04 ; G06Q40/00 ; G06Q40/02

Abstract:
A processing module may be centralized and coupled to multiple inputs from customers, and behave deterministically, e.g., programmed to depend on state, inputs and outputs. The rapid speed of automated trading systems implementing such a centralized, deterministic module, where all users can access a central limit order object, can quickly result in an object state that does not reflect a true consensus or desirable state. Accordingly the resulting problem is a problem arising in computer systems due in part to the high speeds of computer systems. The solutions disclosed herein are, in one embodiment, implemented as automatic responses and actions by a computing system.
Public/Granted literature
- US20200372523A1 DETECTION AND MITIGATION OF EFFECTS OF HIGH VELOCITY VALUE CHANGES BASED UPON MATCH EVENT OUTCOMES Public/Granted day:2020-11-26
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