- Patent Title: System and method for providing intelligent market data snapshots
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Application No.: US17960410Application Date: 2022-10-05
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Publication No.: US12288262B2Publication Date: 2025-04-29
- Inventor: Ari L. Studnitzer , Seshadri Sundaram , Kevin Kometer , Sana Fathallah-Shaykh , James Krause
- 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: G06Q40/00
- IPC: G06Q40/00 ; G06Q20/10 ; G06Q40/04 ; G06Q40/06

Abstract:
Systems and methods are provided for processing and distributing market data. Critical data, such as data showing that a market price has changed is distributed without further delay. When the market data does not result in a change in a market price or does not meet another critical criteria, the market data is aggregated with market data for similar events and distributed when the aggregated market data passes a quantity threshold.
Public/Granted literature
- US20230025220A1 SYSTEM AND METHOD FOR PROVIDING INTELLIGENT MARKET DATA SNAPSHOTS Public/Granted day:2023-01-26
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