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:
Nov. 08, 2022
Filed:
Mar. 12, 2021
Applicant:
Chicago Mercantile Exchange Inc., Chicago, IL (US);
Inventors:
Ari L. Studnitzer, Northbrook, IL (US);
Seshadri Sundaram, Aurora, IL (US);
Kevin Kometer, Palatine, IL (US);
Sana Fathallah-Shaykh, Chicago, IL (US);
James Krause, Palatine, IL (US);
Assignee:
Chicago Mercantile Exchange Inc., Chicago, IL (US);
Attorney:
Primary Examiner:
Int. Cl.
CPC ...
G06Q 40/00 (2012.01); G06Q 40/06 (2012.01); G06Q 20/10 (2012.01); G06Q 40/04 (2012.01);
U.S. Cl.
CPC ...
G06Q 40/06 (2013.01); G06Q 20/102 (2013.01); G06Q 40/04 (2013.01);
Abstract
Systems and methods are provided for processing and distributing market data. Critical data, such as data showing that a market price has changed is distributed without further delay. When the market data does not result in a change in a market price or does not meet another critical criteria, the market data is aggregated with market data for similar events and distributed when the aggregated market data passes a quantity threshold.