Exchange computing system including a reference rate generation unit

Abstract

A physical container (e.g., a battery) may be filled up (charged) or emptied (discharged) with energy commensurate with a reference rate, or a change in a segment reference rate. The disclosure also provides computing systems and methods for generating dynamic, customizable interest rate benchmarks based on previously executed transactions and a fixed parameter in a request.

1 . A computer implemented method including:
 determining, by a processor, a target storage level for a stored product within a physical container by:
 generating a transaction block by:
 accessing a market record database; and 
 filtering the market record database based on a presence of a selected fixed parameter to determine the transaction block, the presence of the selected fixed parameter relating one or more previous transactions of the transaction block to the stored product; 
 
 determining an individual weight for each of the one or more previous transactions of the transaction block by comparing a total value for the transaction block to an individual value for each of the one or more previous transactions of the transaction block; 
 applying each individual weight to an individual rate for each of the one or more previous transactions of the transaction block to determine a reference rate; and 
 selecting, based on the reference rate, the target storage level for the stored product within the physical container; 
   executing, by the processor, a product transaction at the reference rate to facilitate an adjustment to the target storage level of the stored product within the physical container through transfer of a differential amount of the stored product; and   causing, by the processor and in accord with the product transaction, transfer of the differential amount of the stored product to effect the adjustment to the target storage level of the stored product within the physical container.   
     
     
         2 . The computer implemented method of  claim 1 , where the physical container includes a battery, a fluid storage container, a mineral storage container, or any grouping of the foregoing. 
     
     
         3 . The computer implemented method of  claim 1 , where the stored product includes an energy product. 
     
     
         4 . The computer implemented method of  claim 3 , where the selected fixed parameter includes a requirement that the one or more previous transactions include transactions for one or more energy products. 
     
     
         5 . The computer implemented method of  claim 1 , where filtering the market record database includes rejecting an unexecuted transaction including the selected fixed parameter to guarantee exclusion of unexecuted transactions from the transaction block. 
     
     
         6 . The computer implemented method of  claim 1 , further including sending a publication message including the reference rate after determining the reference rate. 
     
     
         7 . The computer implemented method of  claim 1 , where causing transfer of the differential amount includes sending a message to activate a filling system for the physical container. 
     
     
         8 . The computer implemented method of  claim 7 , where the message includes an instruction to fill or empty the physical container to the target storage level. 
     
     
         9 . The computer implemented method of  claim 1 , where determining the differential amount includes applying a multiplication factor to translate the reference rate to a scale of the physical container. 
     
     
         10 . The computer implemented method of  claim 1 , where the selected fixed parameter includes:
 a quality indication for the stored product, an indication of a quantity of the stored product, an identifier for a market substitute for the stored product, or any grouping of the foregoing.   
     
     
         11 . A system including:
 memory; and   processing circuitry in data communication with the memory, the processing circuitry configured to:   determine a target storage level for a stored product within a physical container by:
 generating a transaction block by:
 accessing a market record database; and 
 filtering the market record database based on a presence of a selected fixed parameter to determine the transaction block, the presence of the selected fixed parameter relating one or more previous transactions of the transaction block to the stored product; 
 
 determining an individual weight for each of the one or more previous transactions of the transaction block by comparing a total value for the transaction block to an individual value for each of the one or more previous transactions of the transaction block; 
 applying each individual weight to an individual rate for each of the one or more previous transactions of the transaction block to determine a reference rate; and 
 selecting, based on the reference rate, the target storage level for the stored product within the physical container; 
   execute a product transaction at the reference rate to facilitate an adjustment to the target storage level of the stored product within the physical container through transfer of a differential amount of the stored product; and   cause, in accord with the product transaction, transfer the differential amount of the stored product to effect the adjustment to the target storage level of the stored product within the physical container.   
     
     
         12 . The system of  claim 11 , where the processing circuitry is configured to determine the differential amount by applying a multiplication factor to translate the reference rate to a scale of the physical container. 
     
     
         13 . The system of  claim 11 , where the physical container includes a battery, a fluid storage container, a mineral storage container, or any grouping of the foregoing. 
     
     
         14 . The system of  claim 11 , where the stored product includes an energy product. 
     
     
         15 . The system of  claim 14 , where the selected fixed parameter includes a requirement that the one or more previous transactions include transactions for one or more energy products. 
     
     
         16 . The system of  claim 11 , where the processing circuitry is configured to filter the market record database by rejecting an unexecuted transaction including the selected fixed parameter to guarantee exclusion of unexecuted transactions from the transaction block. 
     
     
         17 . The system of  claim 11 , where the processing circuitry is further configured to send a publication message including the reference rate after determining the reference rate. 
     
     
         18 . The system of  claim 11 , where the processing circuitry is configured to cause transfer of the differential amount by sending a message to activate a filling system for the physical container. 
     
     
         19 . The system of  claim 18 , where the message includes an instruction to fill or empty the physical container to the target storage level. 
     
     
         20 . A system including:
 means for determining a target storage level for a stored product within a physical container by:
 generating a transaction block by:
 accessing a market record database; and 
 filtering the market record database based on a presence of a selected fixed parameter to determine the transaction block, the presence of the selected fixed parameter relating one or more previous transactions of the transaction block to the stored product; 
 
 determining an individual weight for each of the one or more previous transactions of the transaction block by comparing a total value for the transaction block to an individual value for each of the one or more previous transactions of the transaction block; 
 applying each individual weight to an individual rate for each of the one or more previous transactions of the transaction block to determine a reference rate; and 
 selecting, based on the reference rate, the target storage level for the stored product within the physical container; 
   means for executing a product transaction at the reference rate to facilitate an adjustment to the target storage level of the stored product within the physical container through transfer of a differential amount of the stored product; and   means for causing, in accord with the product transaction, transfer the differential amount of the stored product to effect the adjustment to the target storage level of the stored product within the physical container.