Invention Grant
- Patent Title: Pre-matching orders at wire rate in a central limit order book
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Application No.: US17542033Application Date: 2021-12-03
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Publication No.: US11810192B2Publication Date: 2023-11-07
- Inventor: Zachary Bonig , Brian Alvin Bourn , Suchith Vasudevan , David Lariviere
- 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: G06Q40/04
- IPC: G06Q40/04 ; G06Q40/06

Abstract:
Systems and methods are provided to increase the rate at which a system can accept and process data transaction request messages. The system includes a pre-processer that filters incoming data transaction request messages prior to transmitting the messages for further processing, for example, by a matching engine. The pre-processer quickly identifies whether a new arriving data transaction request is transactable. If the new arriving data transaction request is not transactable, then the data transaction request will be transmitted and stored in a main data structure and not transmitted to the matching engine.
Public/Granted literature
- US20220092694A1 PRE-MATCHING ORDERS AT WIRE RATE IN A CENTRAL LIMIT ORDER BOOK Public/Granted day:2022-03-24
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