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:
May. 28, 2024
Filed:
Aug. 12, 2021
Cboe Exchange, Inc., Chicago, IL (US);
Eric Crampton, Overland Park, KS (US);
Cboe Exchange, Inc., Chicago, IL (US);
Abstract
Systems and techniques are disclosed for an exchange platform that runs a hybrid market model combining electronic trading and open outcry trading. In some implementations, a secure connection is established with each of a plurality of market participants associated with a trading floor. A transaction order for a financial instrument is received from a connected device. The transaction order includes a routing instruction for routing the transaction order to the trading floor. A market participant to which the transaction order is to be routed is identified. The transaction order is routed to the market participant. Information that one or more in-crowd market participants have accepted the transaction order is received. The transaction order is facilitated based on the information that the one or more in-crowd market participants have accepted the transaction order.