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A multi site solution for securities trading

A site and transaction technology, applied in the direction of data processing applications, response error generation, hardware redundancy for data error detection, etc., can solve problems such as short data transfer distances, and achieve increased transaction speed, cost savings, and bandwidth Reduced effect

Inactive Publication Date: 2007-02-14
欧睦技术公司
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  • Summary
  • Abstract
  • Description
  • Claims
  • Application Information

AI Technical Summary

Problems solved by technology

[0005] Therefore, there is a need to maintain a short data transfer distance (that is, to keep the distance between the primary and secondary sites short) and to keep the distance between the primary and secondary sites relatively long so that only one of them There is a conflict between the expectations of a subject affected by a major catastrophe

Method used

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  • A multi site solution for securities trading
  • A multi site solution for securities trading
  • A multi site solution for securities trading

Examples

Experimental program
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Embodiment Construction

[0016] To facilitate the understanding of the present invention, certain terms that will be used are defined. Below is a list of terms and how they are understood in this manual:

[0017] • Order: An instruction to effect a transaction, ie to buy or sell a certain quantity of a particular instrument (or other entity, if applicable) at a given price. Orders are usually received from "investors", ie private investors or stockbrokers.

[0018] • Market Maker: A party usually contracted by the operator of a trading system (such as a stock exchange) to maintain the buy and / or sell prices (and lots) of certain instruments in the trading system.

[0019] There may be certain restrictions on this, for example the difference between the bid and ask prices should not exceed a certain percentage.

[0020] • Quote: A trading system or exchange that includes bid and offer quotes for one or more instruments. It is usually raised by market makers and is usually updated very frequently, ma...

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PUM

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Abstract

The invention discloses a method and a system for trading in securities at a primary site, the trading being carried out according to information received from market makers and traders, said information comprising quotes and orders for one or more instrument. The method comprises the reception and storing of said information at the primary site, and using said information to create deals in said securities, said deals also being stored at the primary site. The method additionally comprises the use of a secondary site, where replicas of the orders and deals are stored, with the deals stored at the secondary site being used to update the orders stored at the secondary site. The information regarding the replicas stored at the secondary site can be forwarded from the primary site, at which primary site the information on which the replicas are based is first received from the market makers and traders, or it can be received at the secondary site directly from the market makers and traders.

Description

technical field [0001] The present invention relates to the transaction of financial instruments, also known as securities or similar entities. By means of the present invention, transactions of securities or similar entities at the primary site are greatly facilitated using a secondary site ("fail-over" site). Background technique [0002] Typically, especially in light of the current situation, systems for financial instrument transactions use a primary site for transactions and utilize one or more replica sites, and if for some reason the primary site were to crash or fail, one or Multiple replication sites can be designated as new primary sites. Such a replicated site is often referred to as a "standby" site. In the event of a failure at the primary site, one of the replica sites can be brought up and begin acting as the primary site, followed in some cases by the start-up process of the secondary site. Naturally, it is desirable that the start-up of the backup site a...

Claims

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Application Information

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Patent Type & Authority Applications(China)
IPC IPC(8): G06Q40/00G06F11/20G06F15/00
CPCG06F11/2048G06F11/2097G06Q40/04G06F11/2038
Inventor H·温博姆
Owner 欧睦技术公司
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