SYSTEM AND METHOD FOR PERFORMING SYNCHRONIZED TRANSACTION IN MULTIPLE EXECUTIONS

The invention relates to a system and method for performing synchronized trade in multiple exchanges. A financial trade system includes a trade server, a plurality of financial exchanges, and a plurality of servers, where each server is associated with and co-located with an exchange and includes a...

Ausführliche Beschreibung

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Bibliographische Detailangaben
Hauptverfasser: MERCER, RICHARD, L, BROWN PAUL F
Format: Patent
Sprache:chi ; eng
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Beschreibung
Zusammenfassung:The invention relates to a system and method for performing synchronized trade in multiple exchanges. A financial trade system includes a trade server, a plurality of financial exchanges, and a plurality of servers, where each server is associated with and co-located with an exchange and includes a high precision clock. The trading server divides a large transaction order into a plurality of smaller transaction orders and combines each smaller transaction order with a transaction execution time. The trade server sends financial trade instructions to each co-located server based on each combined smaller transaction order and transaction execution time. When the high precision clock on each server reaches the transaction execution time, all of the servers submit their smaller transaction orders substantially simultaneously to the respective financial exchange. 本申请案涉及一种用于在多个交易所中执行同步贸易的系统及方法。一种金融贸易系统,其包含贸易服务器、多个金融交易所及多个服务器,其中每一服务器与交易所相关联且共置于所述交易所处且包括高精确度时钟。所述贸易服务器将大交易订单划分成多个较小交易订单且将每一较小交易订单与交易执行时间组合。所述贸易服务器将基于每一经