Systems and methods for deriving synthetic assets and atomic transaction processing for the same
AssigneeBGC Partners, Inc.
InventorsNicholas Glass, Bijoy Paul, Dmitriy Gurvich
Life of this patent
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AssigneeBGC Partners, Inc.
InventorsNicholas Glass, Bijoy Paul, Dmitriy Gurvich
Estimating the term…
An exchange system is disclosed that implements a combo order protocol that allows for combo orders to be provisioned across a plurality distributed ME instances. The plurality of distributed ME instances of the exchange system can maintain an order book for an associated asset when in a “normal” state, and can be configured to transition from the normal state to a combo order transaction state to execute a leg of a provisioned combo order in concert with the other associated ME instances, and in an atomic manner that both guarantees zero price “slippage” for the combo order and that minimizes or otherwise reduces the potential for introducing processing latencies (e.g., due to order book locking by distributed ME instances).
A system comprising:
Dependencies are inferred from the claim text.