Inventors:
Carolyn A. Nalbandian - Fairfield CT, US
Daniel F. Moore - New Haven CT, US
Fred Stiening - Derby CT, US
Assignee:
The NASDAQ OMX Group, Inc. - Rockville MD
International Classification:
G06Q 40/00
Abstract:
A method of processing delivery messages in a security processing architecture includes receiving an expression of interest to enter into a transaction to buy or sell a security, matching the expression of interest with other expressions of interest, sending a message to a market participant that a match exists, recording a delivery in a delivery log file, recording the delivery in a delivery work in process (WIP) file, and receiving a response message from the market participant.