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. 18, 2025

Filed:

May. 27, 2021
Applicant:

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

Inventor:

William Ciabattoni, New York, NY (US);

Assignee:

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

Attorney:
Primary Examiner:
Int. Cl.
CPC ...
G06Q 40/00 (2023.01); G06Q 30/0234 (2023.01); G06Q 40/04 (2012.01);
U.S. Cl.
CPC ...
G06Q 40/04 (2013.01); G06Q 30/0234 (2013.01);
Abstract

A method is provided for implementing retail priority via an exchange computer system. In some implementations, a first order for a financial instrument is received, and a second order for the financial instrument is also received. An order type of the first order is identified, and an order type of the second order is also identified. A determination that the second order is associated with a priority account is made based on based on information associated with the second order. A determination as to whether to prioritize execution of the second order over execution of the first order in an electronic order book is then made based on the order type of the second order, the order type of the first order, and the second order's association with the priority account.


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