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US 2014/0207649 A1Published application
Embedded hardware based system which provides real-time pre-trade risk assessments for multiple parties and method thereof
AssigneeFixnetix Ltd.
InventorsPaul Ellis, Alasdair Moore, Hugh Hughes
Life of this patent
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Abstract
A risk assessment system and method are provided that may be implemented as an embedded hardware based system and method that provide real-time pre-trade risk assessments for multiple parties, in addition to real-time market data and trading connectivity to a variety of liquidity venues. The liquidity venues may include regulated exchanges, ECNs and other financial institutions listing securities, options, futures, commodities, foreign exchange and other financial instruments.
Claims78
An embedded risk assessment system, comprising:
- a surface;
- two or more personality modules each installed on the surface and electrically connected to each other, the two or more personality modules being one or more programmable logic devices;
- the two or more personality modules being selected from a group consisting of a client personality module, a market participant personality module, a liquidity venue personality module and a market data personality module;
- and
- the two or more personality modules collectively performing pre-trade risk assessment for a client with reduced latency.
2 more elements
A method for providing risk assessment, comprising:
- providing a surface having two or more personality modules each installed on the surface and electrically connected to each other, the two or more personality modules being one or more programmable logic devices, the two or more personality modules being selected from a group consisting of a client personality module, a market participant personality module, a liquidity venue personality module and a market data personality module;
- and
- collectively performing, by the two or more personality modules, a pre-trade risk assessment for a client with reduced latency.
Dependencies are inferred from the claim text.