发明申请
US20230078579A1 MARKET OPERATION THROUGH REGULATION OF INCOMING ORDER MATCH ALLOCATION AND/OR DYNAMIC RESTING ORDER MATCH ALLOCATION PRIORITIES
有权
基本信息:
- 专利标题： MARKET OPERATION THROUGH REGULATION OF INCOMING ORDER MATCH ALLOCATION AND/OR DYNAMIC RESTING ORDER MATCH ALLOCATION PRIORITIES
- 申请号：US17977395 申请日：2022-10-31
- 公开(公告)号：US20230078579A1 公开(公告)日：2023-03-16
- 发明人： Paul Callaway , Sean Castette , Kireeti Reddy , Akira Yamaguchi , José Antonio Acuña-Rohter , Pearce Peck-Walden , Zachary Bonig
- 申请人： Chicago Mercantile Exchange Inc.
- 申请人地址： US IL Chicago
- 专利权人： Chicago Mercantile Exchange Inc.
- 当前专利权人： Chicago Mercantile Exchange Inc.
- 当前专利权人地址： US IL Chicago
- 主分类号： G06Q40/04
- IPC分类号： G06Q40/04
摘要：
The disclosed embodiments relate to regulation of a rate of incoming orders by buffering or otherwise batching orders together as they are received and subsequently forwarding batches of orders to a match engine for processing thereby in a manner which may equalize orders from traders having varying abilities to rapid submit orders or otherwise capitalize on market events. The disclosed embodiments further relate to prioritizing the matching of resting orders against an incoming order. In particular, the disclosed embodiments alter the priority of a given resting order to match against an incoming order, relative to other suitably matching resting orders, as a function of how long the orders have been resting on the order book.