Invention Grant
- Patent Title: Message processing
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Application No.: US16916878Application Date: 2020-06-30
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Publication No.: US11301935B2Publication Date: 2022-04-12
- Inventor: Ari Studnitzer , Nathan Ball , Wayne G. Arner, II , Giuseppe Scimeca , John Scheerer , Christopher Reithel , Jacob Doornebos , Brian Wolf
- Applicant: Chicago Mercantile Exchange Inc.
- Applicant Address: US IL Chicago
- Assignee: Chicago Mercantile Exchange Inc.
- Current Assignee: Chicago Mercantile Exchange Inc.
- Current Assignee Address: US IL Chicago
- Agency: Lempia Summerfield Katz, LLC
- Main IPC: G06Q30/06
- IPC: G06Q30/06 ; G06Q40/04
Abstract:
Systems and methods are provided for scoring the use of financial market messages. Uses of messages that are efficient and/or improve market liquidity receive positive scores. Traders are charge fees or receive rewards that are dependent upon message quality scores.
Public/Granted literature
- US20200327614A1 MESSAGE PROCESSING Public/Granted day:2020-10-15
Information query
