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:
Apr. 12, 2022
Filed:
Jun. 30, 2020
Applicant:
Chicago Mercantile Exchange Inc., Chicago, IL (US);
Inventors:
Ari Studnitzer, Northbrook, IL (US);
Nathan Ball, Ogden Dunes, IN (US);
Wayne G. Arner, II, Northbrook, IL (US);
Giuseppe Scimeca, Chicago, IL (US);
John Scheerer, Frankfort, IL (US);
Christopher Reithel, New Lenox, IL (US);
Jacob Doornebos, Riverside, IL (US);
Brian Wolf, Roselle, IL (US);
Assignee:
Chicago Mercantile Exchange Inc., Chicago, IL (US);
Attorney:
Primary Examiner:
Int. Cl.
CPC ...
G06Q 30/06 (2012.01); G06Q 40/04 (2012.01);
U.S. Cl.
CPC ...
G06Q 40/04 (2013.01);
Abstract
Systems and methods are provided for scoring the use of financial market messages. Uses of messages that are efficient and/or improve market liquidity receive positive scores. Traders are charge fees or receive rewards that are dependent upon message quality scores.