US Patent Issued to Cboe Exchange on March 24 for "Volatility index options and futures spreads" (Illinois, Kansas, New Jersey Inventors)

ALEXANDRIA, Va., March 24 -- United States Patent no. 12,586,130, issued on March 24, was assigned to Cboe Exchange Inc. (Chicago).

"Volatility index options and futures spreads" was invented by Anthony Montesano (Chicago), Anthony J. Carone (Chicago), Arnis Memic (Overland Park, Kan.), Steven Sinclair (Overland Park, Kan.) and Michael DiBenedetto (Glen Rock, N.J.).

According to the abstract* released by the U.S. Patent & Trademark Office: "Systems, methods, devices, and non-transitory, computer-readable storage media are disclosed for execution of an order including a first portion and a second portion. A trading computer system includes a routing system and a processor configured to: determine that a leg of the first type is satisfied a...