Invention Grant
- Patent Title: Method, apparatus and system for time stamping and sequencing data items
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Application No.: US18413362Application Date: 2024-01-16
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Publication No.: US12282959B2Publication Date: 2025-04-22
- Inventor: Jonathan Joshua , Bijoy Paul
- Applicant: BGC PARTNERS, L.P.
- Applicant Address: US NY New York
- Assignee: BGC PARTNERS, L.P.
- Current Assignee: BGC PARTNERS, L.P.
- Current Assignee Address: US NY New York
- Main IPC: G06Q40/04
- IPC: G06Q40/04 ; H04L47/193 ; H04L47/56

Abstract:
Method, apparatus, and system may control chronological sequencing of data items received from a plurality of client computing devices, according to times of completion of transmission respectively from the client computing devices and distributing the data items according to the chronological sequencing to one or more destination computing devices with minimal latency. In an exemplary implementation, trade orders from participant computing devices may be distributed by an electronic trading platform with minimal latency to exchange gateways, based on time of transmission of the trade orders to the platform instead of time of receipt of the trade orders by the platform, thereby avoiding unfairness to those participants whose computing devices are located at greater distances from the platform than other computing devices respectively of other participants.
Public/Granted literature
- US20240161191A1 METHOD, APPARATUS AND SYSTEM FOR TIME STAMPING AND SEQUENCING DATA ITEMS Public/Granted day:2024-05-16
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