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Stock exchange order executing method, involves executing order at correspondence application when opportunity for local execution of order as function of local order book and global order book exists
Stock exchange order executing method, involves executing order at correspondence application when opportunity for local execution of order as function of local order book and global order book exists
The method involves forming a local order book including registering the local order book from a set of clients at a correspondence application associated with an order server. An order associated to a price and the order server is generated for one local client, and the order is sent to the application. An opportunity for local execution of the order as a function of the local order book and a global order book is determined at level of the application. The order is executed at the application when opportunity for the local execution exists.
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