Mitigating Communication Risks in an Electronic Trading System
AssigneeTrading Technologies International, Inc.
InventorFrank Matthew Strehl
Life of this patent
Estimating the term…
Abstract
Certain embodiments provide methods to mitigate communication risks in an electronic trading system. An example method including monitoring a communication link established between a mobile trading device and a gateway. The gateway is to provide access to one or more markets at an exchange. The example method also includes determining a communication state related to the communication link and comparing the communication state to a communication risk threshold. The communication state reflects an ability of the mobile trading device to communicate with the exchange. If the communication state falls below the communication risk threshold, a risk mitigation action stored at the gateway is initiated.
Claims20
A method, comprising:
- monitoring a communication link established between a mobile trading device and a gateway, wherein the gateway is to provide access to one or more markets at an exchange;
- determining a communication state related to the communication link, wherein the communication state reflects an ability of the mobile trading device to communicate with the exchange;
- comparing the communication state to a communication risk threshold;
- and
- initiating, if the communication state falls below the communication risk threshold, a risk mitigation action stored at the gateway.
A tangible computer readable storage medium including computer program code to be executed by a processor, the computer program code, when executed, to implement a method to mitigate a communication risk, the method comprising:
- determining a state of a communication condition of at least one of a portable trading device and a gateway, the portable trading device in communication with an exchange via the gateway;
- and
- based on the state, perform an action via the portable trading device to mitigate a risk of a market position not closing due to an interruption in communication between the portable trading device and the exchange.
A method, comprising:
- determining a location of a portable trading device, the portable trading device to be in communication with an exchange;
- based on the location, associating the portable trading device with a communication state;
- and
- based on the communication state, perform an action via the portable trading device to mitigate a risk of a market position not closing due to an interruption in communication between the portable trading device and the exchange.
Dependencies are inferred from the claim text.