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Customizable Macro-Based Order Entry Protocol and System

  • US 20150106248A1
  • Filed: 10/16/2013
  • Published: 04/16/2015
  • Est. Priority Date: 10/16/2013
  • Status: Active Grant
First Claim
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1. A computer-implemented method in an information processing apparatus including at least a memory, a communication interface, and one or more processors, and for processing order data messages, the method comprising:

  • receiving, via the communication interface, an initial order data message associated with an account and comprising an initial order, one or more static fields, and one or more variable fields;

    validating the initial order data message, via the one or more processors, and generating an order macro ID associated with the initial order included in the initial order data message;

    transmitting, via the communication interface, a data message including an acknowledgment of the received initial order data message and the generated order macro ID; and

    receiving, via the communication interface, a subsequent order data message including a subsequent order indicating the generated order macro ID and at least one variable field value for one of the one or more variable fields.

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