Distribution of market data
First Claim
Patent Images
1. A method of distributing market data, the method comprising:
- (a) building at a computer device a plurality of market data messages that each include variable length fields separated by delimiters and a mechanism to match each market data message with a corresponding template that defines the variable length message structure used in the message; and
(b) disseminating from the computer device the plurality of market data messages.
0 Assignments
0 Petitions
Accused Products
Abstract
Systems and methods are provided for communicating and processing market data. The market data may comprise quotes, orders, trades and/or statistics. A messaging structure allows for adding, re-ordering and/or expanding data, within the printable character set of any language. One or more delimiters are defined and used to delimit data elements within the message structure. The data is interpreted based on templates which may be disseminated prior to the sending of messages and used as an abstraction so that the meaning of data need not be conveyed in the message.
-
Citations
20 Claims
-
1. A method of distributing market data, the method comprising:
-
(a) building at a computer device a plurality of market data messages that each include variable length fields separated by delimiters and a mechanism to match each market data message with a corresponding template that defines the variable length message structure used in the message; and (b) disseminating from the computer device the plurality of market data messages. - View Dependent Claims (2, 3, 4, 5, 6, 7, 8, 9, 10, 18, 19)
-
-
11. A computer system configured to distribute market data, the system comprising:
-
a processor; a computer-readable medium containing computer-executable instructions that, when executed by the processor, cause the system to perform the steps comprising; (a) building a plurality of market data messages that each include variable length fields separated by delimiters and a mechanism to match each market data message with a corresponding template that defines the variable length message structure used in the message; and (b) disseminating the plurality of market data messages. - View Dependent Claims (12, 13, 14, 15, 16, 17)
-
-
20. A non-transitory computer-readable medium containing computer-executable instructions that, when executed by a processor, cause a computer system to perform the steps comprising:
-
(a) building a plurality of market data messages that each include variable length fields separated by delimiters and a mechanism to match each market data message with a corresponding template that defines the variable length message structure used in the message; and (b) disseminating the plurality of market data messages.
-
Specification