| 主权项 |
1. A system forming a computerized, Exchange-controlled network (“ECN”) operated by an organization forming an Exchange, the system comprising:
at least one host server disposed at a first location and being in communication with at least two front-end virtual servers disposed at second and third locations, respectively, the at least two front-end virtual servers assigned to Exchange-authorized communities of interest (“COI”) each made up of at least one member and authenticated to cryptographically validate, process, transmit and receive pre-approved digital information passed along the ECN without the use of intermediaries in a chain of communications; a plurality of dongles comprised of hardware and software, each said dongle configured to operate in conjunction with a respective server, enabling the dongles to control access to the ECN and what digital data is made available to its respective said server at any given time, where said digital data is stored and who manages various storage needs and server networks, regardless if the various storage needs are at a front-end or at a host end of the ECN; and enables buy and sell orders of digital ETD contracts to be cryptographically authenticated, posted and ultimately matched, executed and confirmed as trades to be cleared, settled and reported contemporaneously over the ECN in compliance with policies and rules established by the Exchange, and without the use of intermediaries in the chain of communications. |
