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Trading System License Verification, Management and Control

  • US 20150012402A1
  • Filed: 07/03/2013
  • Published: 01/08/2015
  • Est. Priority Date: 07/03/2013
  • Status: Active Application
First Claim
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1. A method for trade order verification, the method comprising:

  • communicating a license key associated with a trading device to an exchange;

    validating, at the exchange, the license key against an authorized list;

    generating, via the trading device, a trade order relating to one or more tradeable objects traded at the exchange;

    communicating the trade order to the exchange;

    executing, in response to validation of the license key, the trade order with respect to the one or tradeable objects; and

    ,communicating, to the trading device, a market update related to the trade order.

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