US Patent Issued to Cboe Exchange on March 17 for "System and method to provide a crossing facility on an electronic exchange network" (Kansas Inventor)

ALEXANDRIA, Va., March 17 -- United States Patent no. 12,579,575, issued on March 17, was assigned to Cboe Exchange Inc. (Chicago).

"System and method to provide a crossing facility on an electronic exchange network" was invented by Brett Johnson (Wichita, Kan.).

According to the abstract* released by the U.S. Patent & Trademark Office: "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 ...