Trade management program, information processing apparatus, and trade management system

A trade aggregation server comprising:

• one or more processors,
• a non-transitory computer-readable medium containing executable instructions for implementing functions of aggregating trade, the instructions, when executed by the one or more processors of a computer, cause the computer to:
• receive a first order information including respective first application times of one or more first orders from a first trade server of plurality of trade servers, wherein the respective first application times are assigned at the first trade server at a timing of receipt of the one or more first orders from clients located in a first geographic region and before transmission of the one or more first orders to a trade aggregation server, the first trade server being installed in a first geographic region and assigning the respective first application times to the one or more first orders,
• receive an nth order information including respective nth application times of one or more nth orders from an nth trade server of the plurality of trade servers, wherein the respective nth application times are assigned at the nth trade server at a timing of receipt of the one or more nth orders from clients located in an nth geographic region and before transmission of the one or more nth orders to the trade aggregation server, the nth trade server being installed in an nth geographic region that is geographically distant from the first geographic region and assigning the respective nth application times to the one or more nth orders;
• and
• determine the first to the nth order information for each predetermined period in an order based on the respective application times, wherein the determining includes determining an execution order of the one or more first orders and the one or more nth orders based on the respective application times assigned at the plurality of trade servers, independent of a communication delay between the plurality of trade servers and the computer.

A trade management system comprising:

• a plurality of trade servers located in a plurality of different geographic regions, each of the plurality of trade servers being installed in a corresponding geographically distant geographic region, each of the plurality of trade servers being configured to receive one or more orders from clients located in the corresponding geographic region and assign respective application times to the one or more orders at a timing of receipt of the one or more orders and before transmission of the one or more orders to a trade aggregation server;
• and assigning respective application times to the one or more orders and receiving the one or more orders from clients located in the same geographic region;
• and
• the trade aggregation server configured to receive order information including respective application times for the one or more orders from each of the plurality of the trade servers located in the plurality of the different geographic regions, and determine the order information for each predetermined period in an order based on the respective application times, wherein the trade aggregation server is configured to determine an execution order of the one or more orders based on the respective application times assigned at the plurality of trade servers, independent of a communication delay between the plurality of trade servers and the trade aggregation server.