(56) References Cited
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Facing A new Realitly: The SIA Conference addresses changing technology needs in a changing world. Editorial Staff. Traders Magazine. New York: Jun. 1, 2002. p. 1*
* cited by examiner
Primary Examiner—Frantzy Poinvil
Assistant Examiner—Clement Graham
(74) Attorney, Agent, or Firm—Fish & Richardson PC.
A securities processor includes a prematching process for validating an attributable security interest message placed by a market participant on a securities trading system This attributable security interest message relates to an individual security chosen from a plurality of securities traded on the securities trading system. A matching queue receives the validated attributable security interest message from the prematching process, and queues it for subsequent matching. A matching process obtains the validated attributable security interest message from the matching queue and compares it with previously-validated attributable security interest messages to determine if a match occurs between the validated attributable security interest message and one of the previouslyvalidated attributable security interest messages.
37 Claims, 5 Drawing Sheets