Abstract: An electronic communication network comprises a server platform and client data processing devices. Each client data processing device is configured to submit electronic messages to the server platform, provided with a timestamp. The server platform is configured to process incoming electronic messages strictly in a sequence corresponding to the timestamp. The electronic communication network comprising at least one switch, wherein the switch is arranged to receive electronic messages from a plurality of the client data processing devices. the switch comprises a buffer and is configured to store the electronic messages produced by the client data processing devices in the buffer, and to transfer the electronic messages in a manner sorted according to the timestamp provided to each electronic message by the time generator of the client data processing device submitting the electronic message, so that the electronic message with the oldest time is transferred first.
Type:
Grant
Filed:
September 23, 2019
Date of Patent:
April 23, 2024
Assignee:
SWISSTRADINGBOX AG
Inventors:
Anton Gunzinger, Edgar Blum, Hans Burkhard, Rico Piantoni, David Müller, Markus Berner, Samuel Zahnd
Abstract: The invention relates to a stock exchange trading platform for a plurality of trader data processing devices that are in communication connection with the trading platform, wherein the trading platform has a trading platform data processing device (“matcher”), which is able to store orders generated by one of the trader data processing devices in an order book, or to fill a matching order that is already recorded in the order book, at least partially, to acknowledge such received orders to the dispatching trader data processing device, and furthermore, to send messages to a plurality of connected trader data processing devices (in the case of a trading system with equally entitled traders, to everybody) in a broadcast mode. The trading platform is in particular characterized in that a unit of the trading data processing device controlling the optional execution or storing of the orders is configured as a dedicated logic circuit.
Type:
Application
Filed:
July 12, 2022
Publication date:
October 27, 2022
Applicant:
Swisstradingbox AG
Inventors:
Anton Gunzinger, Edgar Blum, Hans Burkhard, Rico Piantoni, David Müller, Markus Berner, Samuel Zahnd