Patent ID: 7610240
Filing Date: 2009-10-27
Classification: G06Q

Abstract:
1. A system for simulating an electronic trading environment, the system comprising: a simulated electronic exchange; a storage device configured to electronically store data for market information from a live market corresponding to a tradeable object being traded at an electronic exchange; and a market simulator comprising a processor associated with a computing device, wherein the market simulator, using the processor, retrieves the stored market information corresponding to the tradeable object, the retrieved market information corresponding to a next state of market data recorded from the live market at the electronic exchange, the market simulator comprising: wherein upon retrieval of the market information, the market simulator, using the processor, compares the updated market order book and the simulated order book, and generates at least one trade order to equalize the simulated market order book with the updated market order book to reflect the next state of market data in the retrieved market information, and wherein the market simulator, using the processor, further sends the at least one trade order to the simulated electronic exchange.