Invention Grant
- Patent Title: Dynamic circuit breaker
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Application No.: US18101162Application Date: 2023-01-25
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Publication No.: US11803913B2Publication Date: 2023-10-31
- Inventor: Paul Alan Millhuff , John Paul Scheerer , Neil Andrew Lustyk , Supreet Dhillon , James Allen Bailey , Julie Holzrichter
- 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 ; G06Q40/04 ; G06Q20/10 ; G06Q30/0601

Abstract:
A computer implemented method for controlling operational states of a hardware matching processor includes monitoring, by a circuit breaker, incoming electronic data transaction request messages to the hardware matching processor; dynamically defining a range of values as a function of values included with electronic data transaction request messages received during a rolling lookback window; detecting that an incoming electronic data transaction request message contains a value outside the range of values; transitioning the electronic data transaction processing system into a pre-open state for a predetermined period, thereby preventing the hardware matching processor from matching incoming electronic data transaction request messages; calculating a pre-open value at an end of the pre-open state; and re-opening the electronic data transaction processing system at the calculated pre-open value, thereby allowing the hardware matching processor to match incoming electronic data transaction request messages.
Public/Granted literature
- US20230162283A1 DYNAMIC CIRCUIT BREAKER Public/Granted day:2023-05-25
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