20250217889. Efficient Res (Chicago Mercantile Exchange .)
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EFFICIENT RESOURCE ALLOCATION IN LATENCY FLOOR IMPLEMENTATION
Abstract: the disclosed embodiments relate to electronic trading system architectures, for processing incoming orders to an electronic trading system, which feature a latency floor mechanism which imparts a delay on incoming orders. in particular, the disclosed embodiments implement a latency floor mechanism which compensates for both latency variations among trader's ability to submit transactions and also variations in the volume of submitted transactions therefrom.
Inventor(s): Michael Sean Merold
CPC Classification: G06Q40/04 (Trading; Exchange, e.g. stocks, commodities, derivatives or currency exchange)
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