Invention Grant
- Patent Title: Efficient resource allocation in latency floor implementation
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Application No.: US17206592Application Date: 2021-03-19
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Publication No.: US12282955B2Publication Date: 2025-04-22
- Inventor: Michael Sean Merold
- 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

Abstract:
The disclosed embodiments relate to electronic trading system architectures, for processing incoming orders to an electronic trading system, which feature a latency floor mechanism which imparts a delay on incoming orders. In particular, the disclosed embodiments implement a latency floor mechanism which compensates for both latency variations among trader's ability to submit transactions and also variations in the volume of submitted transactions therefrom.
Public/Granted literature
- US20220301053A1 EFFICIENT RESOURCE ALLOCATION IN LATENCY FLOOR IMPLEMENTATION Public/Granted day:2022-09-22
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