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. 06, 2021
Filed:
Feb. 17, 2012
Frank Kmiec, Cary, IL (US);
Ari Studnitzer, Northbrook, IL (US);
Donald Mendelson, Des Plaines, IL (US);
Zachary Bonig, Skokie, IL (US);
Priteshkumar Soni, Elgin, IL (US);
Arkadiusz Koziol, Glenview, IL (US);
Jacques Doornebos, Riverside, IL (US);
Frank Kmiec, Cary, IL (US);
Ari Studnitzer, Northbrook, IL (US);
Donald Mendelson, Des Plaines, IL (US);
Zachary Bonig, Skokie, IL (US);
Priteshkumar Soni, Elgin, IL (US);
Arkadiusz Koziol, Glenview, IL (US);
Jacques Doornebos, Riverside, IL (US);
Chicago Mercantile Exchange Inc., Chicago, IL (US);
Abstract
Systems and methods for communication of financial messages from an Exchange to market participants whereby messages directed to particular market participants may be consolidated with other messages directed to all market participants and communicated via the same communications medium while preserving the anonymity of those market participants to which messages are particularly directed. Accordingly, redundant communications are eliminated, reducing the overall volume of communicated data and the resources necessary in support thereof; inhibition of any one market participant intentionally or unintentionally influencing the market via exposure of their activities, or otherwise unfairly impinging on the exposed activities of other market participants, is maintained; and inequitable information access is eliminated as the consolidated messages are transmitted to all market participants substantially simultaneously over the same medium thereby minimizing or eliminating any advantage or opportunity one market participant may have to receive market information ahead of the other market participants.