Abstract: Methods, systems and computer program products to provide execution quality matching are described. A computer-implemented method may include maintaining a fill ratio for each of a set of buyers based on a set of trading-related attributes, maintaining a fill ratio for each of a set of sellers based on a set of trading-related attributes, receiving a quote from a quote provider, receiving one or more orders from one or more different order providers, determining which of the one or more orders to use when filling the quote, and executing a trade between the quote provider and an order provider. Adjusted prices also may be determined for potential trading partners based on one or more trading-related attributes. Further, the adjusted prices may be used when matching buyers and sellers.

Abstract: Methods, systems and computer program products for timing-based trade matching are provided. A computer-implemented method may include receiving a quote for a financial instrument offered by a first party, the quote comprising a minimum period of time for the first party to process a matching order; receiving an order for the financial instrument from a second party, the order comprising a maximum period of time the second party is to wait for processing of an identified matching quote; determining whether the quote and the order are compatible by at least comparing the minimum period of time for the quote to the maximum period of time for the order; and adjusting a list of one or more orders that are compatible with the quote as a potential match.

Abstract: A system for processing a trading order message comprises a hardware device logically linked to a general purpose processor. The hardware device comprises multiple exchange line handlers each of which is associated with a market exchange, multiple parsing modules each of which is associated with one of the exchange line handlers, and a message router that receives the message from the general purpose processor, determines a particular market exchange to which the message is directed, and communicates the message to a particular one of the parsing modules that is associated with a particular one of the exchange line handlers that is associated with the particular market exchange. The particular one of the parsing modules transforms the message into a protocol specified by the particular market exchange and communicates the transformed message to the particular one of the exchange line handlers for communication to the particular market exchange.

Abstract: Allocating distributed computing resources comprises creating offers to provide the resources for use by application programs. Each offer specifies a performance characteristic and a value associated with a corresponding resource. Bids to obtain the resources for use by the application programs are created. Each bid specifies a service level required for operation of a corresponding application program and a value associated with operating the corresponding application program. Bids are matched to offers via a market exchange model by matching the service level requirement and value of each bid to the performance characteristic and value of one of the offers. Resources associated with each offer are allocated to the application program associated with a matching bid, and the application program's operations are migrated to the allocated resources. Resources are monitored to ensure compliance with the service level requirement of each bid, and non-complying resources are replaced via the market exchange model.