US 11,983,300 B2
System and method for implementing a market data hub
Ilya Slavin, Brooklyn, NY (US); and Gordon J. Taylor, Easton, CT (US)
Assigned to JPMORGAN CHASE BANK, N.A., New York, NY (US)
Appl. No. 17/045,839
Filed by JPMorgan Chase Bank, N.A., New York, NY (US)
PCT Filed Apr. 12, 2019, PCT No. PCT/US2019/027185
§ 371(c)(1), (2) Date Oct. 7, 2020,
PCT Pub. No. WO2019/200236, PCT Pub. Date Oct. 17, 2019.
Claims priority of provisional application 62/656,585, filed on Apr. 12, 2018.
Prior Publication US 2021/0141939 A1, May 13, 2021
Int. Cl. G06F 21/62 (2013.01); G06Q 30/0201 (2023.01); G06Q 40/04 (2012.01); G06Q 40/06 (2012.01); H04L 9/06 (2006.01); H04L 9/00 (2022.01)
CPC G06F 21/6272 (2013.01) [G06Q 30/0201 (2013.01); G06Q 40/04 (2013.01); G06Q 40/06 (2013.01); H04L 9/0643 (2013.01); H04L 9/50 (2022.05)] 20 Claims
OG exemplary drawing
 
1. A system that implements a multi-dealer market data distribution, the system comprising:
an input that receives information from a plurality of member contributors;
a secure communications platform that facilitates communication with the plurality of member contributors and readers; and
a processing engine that comprises a processor programmed to perform the steps comprising:
receiving, via the input, market data from each of the plurality of member contributors, the market data associated with a set of entitlement controls, wherein the set of entitlement controls:
identifies at least one member contributor among the plurality of plurality of member contributors that is prohibited from accessing the respective market data,
identifies at least one member contributor among the plurality of member contributors that is allowed sharing of the respective market data, and
specifying a level of encryption for the respective market data;
aggregating the market data received from each of the plurality of member contributors;
storing, via a repository, the aggregated market data;
applying the set of entitlement controls to the aggregated market data; and
providing each member syndication control of the market data contributed by each member contributor and preserving the set of entitlement controls specific to each member contributor, such that at least two member contributors are allowed access to different portions of the aggregated market data according to the set entitlement controls.