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:
Jan. 20, 2026
Filed:
Jun. 18, 2024
Cboe Exchange, Inc., Chicago, IL (US);
Christopher Andrew Isaacson, Lenexa, KS (US);
Cboe Exchange, Inc., Chicago, IL (US);
Abstract
An exchange computer system, a method, and non-transitory computer-readable storage media for generating anonymized price values. The computer system includes a liquidity engine having one or more processors with machine-readable instructions that, when executed, cause the one or more processors to perform operations including receiving data from one or more liquidity providers, anonymizing the received data to remove identification information that is descriptive of the one or more liquidity providers, determining a midpoint price of a financial instrument based on the anonymized data, and determining a bid-offer spread corresponding to the midpoint price based on the anonymized data, and a transceiver coupled to the one or more processors of the liquidity engine and configured to transmit the midpoint price and the bid-offer spread over a computer network to one or more computing devices associated with a market participant.