Systems and methods of identifying relative ordering for electronic data transaction requests
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United States of America Patent
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Feb 16, 2021
Grant Date -
Apr 13, 2017
app pub date -
Oct 30, 2015
filing date -
Oct 8, 2015
priority date (Note) -
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Abstract
An electronic exchange computing system is provided that includes a computer storage system, at least one transceiver, and a processing system. The storage system stores an electronic order book. The transceiver receives data transaction requests and transmits messages of an electronic data feed. The processing system generates an identifier, which may be referred to as a transaction identifier, for received data transaction requests. The identifier may be generated in a non-sequential and increasing manner such that it is greater than previously generated identifiers. The processing system will process the data transaction request and generate an electronic data feed message based on how data transaction request is handled. The electronic data feed message is sent to client computing system and includes the generated identifier.
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