SYSTEM AND METHOD OF UTILIZING A DISTRIBUTED ORDER BOOK IN AN ELECTRONIC TRADE MATCH ENGINE

摘要

Methods and systems are providing for minimizing the effects of transmission delays when providing orders for financial instruments. A plurality of order books 208, 210, and 212, match engines 202, 204, and 206 may be maintained at geographically dispersed locations. The orders may be synchronized to provide the appearance of a single order book to traders and other users. The plurality of order books 208, 210, and 212, match engines 202, 204, and 206 allow traders and other users to transmit orders to the match engine associated with the shortest transmission delay and to access orders pending at other match engines.