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:
Mar. 17, 2026

Filed:

Jul. 14, 2023
Applicant:

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

Inventor:

Brett Johnson, Wichita, KS (US);

Assignee:

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

Attorney:
Primary Examiner:
Int. Cl.
CPC ...
G06Q 40/04 (2012.01); G06Q 40/06 (2012.01);
U.S. Cl.
CPC ...
G06Q 40/04 (2013.01); G06Q 40/06 (2013.01);
Abstract

An exchange computer system includes: at least one communication interface; a crossing facility configured to perform operations of: retrieving portfolio data encoding asset positions, a current measurement of capital efficiency, and participant-configured transaction portfolio attributes for at least two participants, wherein the participant-configured transaction portfolio attributes comprise a goal of capital efficiency, a transaction cost limit, and portfolio limits for each of the at least two participants; and performing a crossing operation between the portfolios of two of the at least two participants so that the at least two participants can each set and forget the respective transaction portfolio attributes by: based on the portfolio data of the two participants, identifying a network of single-leg transactions; and in response to determining that executing the network of single-leg transactions would not violate the transaction cost limit and the portfolio limits of each participant, executing the network of single-leg transactions.


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