The patent badge is an abbreviated version of the USPTO patent document. The patent badge does contain a link to the full patent document.
The patent badge is an abbreviated version of the USPTO patent document. The patent badge covers the following: Patent number, Date patent was issued, Date patent was filed, Title of the patent, Applicant, Inventor, Assignee, Attorney firm, Primary examiner, Assistant examiner, CPCs, and Abstract. The patent badge does contain a link to the full patent document (in Adobe Acrobat format, aka pdf). To download or print any patent click here.
Patent No.:
Date of Patent:
Jul. 09, 2019
Filed:
Apr. 16, 2015
Iex Group, Inc., New York, NY (US);
Bradley Katsuyama, New York, NY (US);
John Schwall, Staten Island, NY (US);
Robert Park, New York, NY (US);
Ronan Ryan, Morristown, NJ (US);
Benjamin Aisen, New York, NY (US);
Daniel Aisen, New York, NY (US);
Donald Bollerman, Yonkers, NY (US);
Francis Chung, New York, NY (US);
Stanley Feldman, New York, NY (US);
Tara McKee, New York, NY (US);
Bilie Zhao, East Hanover, NJ (US);
James Michael Cape, New York, NY (US);
David Lauer, Collingswood, NJ (US);
Allen Zhang, Princeton, NJ (US);
Blair Livingston, Toronto, CA;
Matthew Norbert Trudeau, Brooklyn, NY (US);
Zoran Perkov, Brooklyn, NY (US);
IEX GROUP, INC., New York, NY (US);
Abstract
In a system for executing transaction requests, a received request for a transaction in an item is delayed prior to matching that request with another request for transaction in that item by a delay based on a communication delay and/or a processing delay. The communication delay represents the time required to receive updated information about the item and the processing delay represents the time required to compute an updated item price using the received updated information.