BGC Partners, Inc.
SYSTEM AND METHOD FOR TRANSFER OF DISPUTE DATA IN A DISTRIBUTED ELECTRONIC TRADING SYSTEM

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Abstract:

A system for dispute data transfer in a distributed trading network includes a memory and a dispute manager. The memory stores information about a trading order associated with a client system. The dispute manager communicates a confirmation message to the client system, where the confirmation message provides an option to send a trading order dispute request that disputes processing of the trading order. The dispute manager receives a trading order dispute request generated in response to a selection of the option. The dispute manager obtains a decision that responds to the trading order dispute request and communicates the decision to the client system.

Status:
Application
Type:

Utility

Filling date:

22 May 2020

Issue date:

10 Sep 2020