Distributed spreading tools and methods

• US 10,282,782 B2
• Filed: 11/13/2012
• Issued: 05/07/2019
• Est. Priority Date: 11/13/2012
• Status: Active Grant

• Current Assignee: Trading Technologies International, Inc.
• Original Assignee: Trading Technologies International, Inc.
• Inventors: Messina, Patricia A., Mittal, Bharat
• Primary Examiner(s): Tran, Hai
• Application Number:
  US13/675,592
• Publication Number:
  US 20140136384A1
• Time in Patent Office: 2,366 Days
• Field of Search: 705 37
• CPC Class Codes: G06Q 40/04 Trading; Exchange, e.g. stocks, commodities, derivatives or currency exchange

Abstract

Certain embodiments provide systems, methods, and apparatus for trading in a distributed server architecture. An example method includes receiving, by a computing device, a definition for a trading strategy, wherein the trading strategy includes a first tradeable object and a second tradeable object. The example method includes selecting, by the computing device, a first server to process one or more trade orders for the first tradeable object and a second server to process one or more trade orders for the second tradeable object. The example method includes sending, by the computing device, the definition for the trading strategy to the first server and the second server.

Claims

1. A method including:

receiving, by a computing device, a trading strategy order, wherein the trading strategy order includes a plurality of legs, wherein a first leg is associated with a first tradeable object and a second leg is associated with a second tradeable object, wherein the trading strategy is to be executed by a plurality of server side devices in a distributed server system;

selecting, by the computing device, a first server side device of the plurality of server side devices to process one or more trade orders for the first tradeable object associated with the first leg of the trading strategy order and a second server side device of the plurality of server side devices to process one or more trade orders for the second tradeable object associated with the second leg of the trading strategy order such that processing the plurality of legs is distributed among the plurality of server side devices in the distributed server system, wherein the selection of the first server side device is based on a location of the first server side device relative to a first electronic exchange at which the first tradeable object is traded, and wherein the selection of the second server side device is based on a location of the second server side device relative to a second electronic exchange at which the second tradeable object is traded, wherein each of the first server side device and the second server side device are configured to communicate with a trading device and at least one of the first electronic exchange and the second electronic exchange over a computer network, wherein the trading device is configured to process synthetic trade order messages received from at least one of the first server side device and the second server side device; and

selecting, by the computing device, either the first server side device or the second server side device as a control server based on a location of the selected server side device in the distributed server system, wherein the first server side device and the second server side device are configured to receive synthetic trade order data related to the trading strategy order from the one or more electronic exchanges over the computer network, and wherein the first server side device or the second server side device selected as the control server is configured to report the synthetic trade order data for the trading strategy to the trading device configured to process the synthetic trade order data, wherein a non-selected server side device of the first server side device and the second server side device is configured to refrain from sending the received synthetic trade order data to the trading device such that the trading device does not receive a redundant message related to the synthetic trade order data from the first server side device or the second server side device that was not selected as the control server; and

notifying, by the computing device, the first server side device or the second server side device of the selection as the control server.

2. The method of claim 1, wherein the first electronic exchange and the second electronic exchange are the same electronic exchange.

3. The method of claim 1, wherein selecting the first server side device and the second server side device to process the one or more trade orders for the first tradeable object and the second tradeable object includes automatically selecting the first and second server side devices.

4. The method of claim 3, wherein selecting the first server side device and the second server side device to process the one or more trade orders for the first tradeable object and the second tradeable object includes automatically selecting the first server side device and the second server side device based on a performance parameter of the first server side device and a performance parameter of the second server side device.

5. The method of claim 1, wherein selecting the first server side device and the second server side device to process the one or more trade orders for the first tradeable object and the second tradeable object includes receiving a selection command that defines the first and second server side devices.

6. A system including:

a computing device to facilitate a trading strategy order, wherein the trading strategy order includes a plurality of legs, wherein a first leg is associated with a first tradeable object and a second leg is associated with a second tradeable object, wherein the trading strategy is to be executed by a plurality of server side devices in a distributed server system,

wherein the computing device is configured to select a first server side device of the plurality of server side devices to process one or more trade orders for the first tradeable object associated with the first leg of the trading strategy and a second server side device of the plurality of server side devices to process one or more trade orders for the second tradeable object associated with the second leg of the trading strategy order such that processing the plurality of legs is distributed among the plurality of server side devices in the distributed server system, wherein the selection of the first server side device is based on a location of the first server side device relative to a first electronic exchange at which the first tradeable object is traded, and wherein the selection of the second server side device is based on a location of the second server side device relative to a second electronic exchange at which the second tradeable object is traded, wherein each of the first server side device and the second server side device are configured to communicate with a trading device and at least one of the first electronic exchange and the second electronic exchange over a computer network,

wherein the trading device is configured to process synthetic trade order messages received from at least one of the first server side device and the second server side device,

wherein the computing device is configured to select either the first server side device or the second server side device as a control server based on a location of the selected server side device in the distributed server system, wherein the first server side device and the second server side device are configured to receive synthetic trade order data related to the trading strategy order from the one or more electronic exchanges over the computer network, and wherein one of the first server side device and the second server side device selected as the control server is configured to report the synthetic trade order data for the trading strategy to the trading device configured to process the synthetic trade order data, wherein a non-selected server side device of the first server side device and the second server side device is configured to refrain from sending the received synthetic trade order data to the trading device such that the trading device does not receive a redundant message related to the synthetic trade order data from the first server side device or the second server side device that was not selected as the control server, wherein the computing device is to notify the first server side device or the second server side device of the selection as the control server.

7. The system of claim 6, wherein the trading device comprises an automated trading engine client to facilitate the one or more trade orders with respect to the first server side device and the second server side device.

8. The system of claim 6, wherein the computing device is to automatically select the first and second server side devices to process the one or more trade orders for the first tradeable object and the second tradeable object.

9. The system of claim 8, wherein the computing device is to automatically select the first and second server side devices to process the one or more trade orders for the first tradeable object and the second tradeable object based on a performance parameter of the first server side device and a performance parameter of the second server side device.

10. The system of claim 6, wherein the computing device is to receive a selection command that defines the first and second server side devices to process the one or more trade orders for the first tradeable object and the second tradeable object.

11. The system of claim 6, wherein the first electronic exchange and the second electronic exchange are the same electronic exchange.

12. A non-transitory tangible computer readable storage medium including a set of instructions for execution by a processor, wherein the instructions are executable to:

receive a trading strategy order, wherein the trading strategy order includes a plurality of legs, wherein a first leg is associated with a first tradeable object and a second leg is associated with a second tradeable object, wherein the trading strategy is to be executed by a plurality of server side devices in a distributed server system;

select a first server side device of the plurality of server side devices to process one or more trade orders for the first tradeable object associated with the first leg of the trading strategy order and a second server side device of the plurality of server side devices to process one or more trade orders for the second tradeable object associated with the second leg of the trading strategy order such that processing the plurality of legs is distributed among the plurality of server side devices in the distributed server system, wherein the selection of the first server side device is based on a location of the first server side device relative to a first electronic exchange at which the first tradeable object is traded, and wherein the selection of the second server side device is based on a location of the second server side device relative to a second electronic exchange at which the second tradeable object is traded, wherein each of the first server side device and the second server side device are configured to communicate with a trading device and at least one of the first electronic exchange and the second electronic exchange over a computer network, wherein the trading device is configured to process synthetic trade order messages received from at least one of the first server side device and the second server side device; and

select either the first server side device or the second server side device as a control server based on a location of the selected server side device in the distributed server system, wherein the first server side device and the second server side device are configured to receive synthetic trade order data related to the trading strategy order from the one or more electronic exchanges over a computer network, and wherein the first server side device or the second server side device selected as the control server is configured to report the synthetic trade order data for the trading strategy to the trading device configured to process the synthetic trade data, wherein a non-selected server side device of the first server side device and the second server side device is configured to refrain from sending the received synthetic trade order data to the trading device such that the trading device does not receive a redundant message related to the synthetic trade order data from the first server side device or the second server side device that was not selected as the control server; and

notify the first server side device or the second server side device of the selection as the control server.

13. The computer readable storage medium of claim 12, wherein the first electronic exchange and the second electronic exchange are the same electronic exchange.

14. The computer readable storage medium of claim 12, wherein the instructions to select the first server side device and the second server side device to process the one or more trade orders for the first tradeable object and the second tradeable object include instructions to automatically select the first and second server side devices.

15. The computer readable storage medium of claim 14, wherein the instructions to select the first server side device and the second server side device to process the one or more trade orders for the first tradeable object and the second tradeable object include instructions to automatically select based on a performance parameter of the first server side device and a performance parameter of the second server side device.

16. The computer readable storage medium of claim 12, wherein the instructions to select the first server side device and the second server side device to process the one or more trade orders for the first tradeable object and the second tradeable object include instructions to receive a selection command that defines the first and second server side devices.