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.

Date of Patent:
Feb. 04, 2025

Filed:

Apr. 22, 2021
Applicant:

Cboe Exchange, Inc., Chicago, IL (US);

Inventors:

Edward T. Tilly, Chicago, IL (US);

Robert Hocking, Downers Grove, IL (US);

Brent Coonrod, Overland Park, KS (US);

Jordan Newmark, Evanston, IL (US);

Assignee:

Cboe Exchange, Inc., Chicago, IL (US);

Attorney:
Primary Examiner:
Int. Cl.
CPC ...
G06Q 40/04 (2012.01); G06T 19/00 (2011.01); H04L 12/18 (2006.01);
U.S. Cl.
CPC ...
G06Q 40/04 (2013.01); G06T 19/003 (2013.01); H04L 12/1822 (2013.01);
Abstract

A method is provided for a virtual floor trading implemented via an exchange computer system. The method includes maintaining a virtual environment that facilitates audio-visual interaction between a plurality of remote market participants; establishing a secure connection with a computing device; receiving, from the computing device, information relating to a financial instrument transaction order; providing the information relating to the financial instrument transaction order to the plurality of remote market participants; receiving a response to the financial instrument transaction order from at least one remote market participant from among the plurality of remote market participants; providing information relating to the response to the plurality of remote market participants; and facilitating a transaction based on the information relating to the financial instrument transaction order, the information relating to the response, and one or more order matching rules.


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