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INTERPROGRAM COMMUNICATION USING MESSAGES RELATED TO ORDER CANCELLATION

  • US 20100106636A1
  • Filed: 10/24/2008
  • Published: 04/29/2010
  • Est. Priority Date: 10/24/2008
  • Status: Active Grant
First Claim
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1. A method comprising:

  • receiving a number of first indications, in which each first indications indicates a respective first order, in which each first order defines a respective first trade;

    querying a plurality of participants regarding the first orders;

    after receiving the number of first indications, receiving a second indication of a second order, in which the second order defines a second trade;

    constraining a cancellation of the second order for a period of time;

    querying the plurality of participants regarding the second order; and

    allowing the cancellation of the second order after the period of time if an acceptance to enter into the second trade is not identified during the period of time.

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