US Patent Issued to Chicago Mercantile Exchange on April 7 for "Dynamic valuation system using object relationships and composite object data" (Illinois, New Jersey Inventors)

ALEXANDRIA, Va., April 7 -- United States Patent no. 12,596,723, issued on April 7, was assigned to Chicago Mercantile Exchange Inc. (Chicago).

"Dynamic valuation system using object relationships and composite object data" was invented by Seo Wook Jang (Chicago), Jeon Ho Cho (Chicago), Bo Miao (Chicago), Cham Hong Po (Chicago), Yaotian Zhang (Jersey City, N.J.), Panagiotis Xythalis (Chicago) and Matthew Morano (Chicago).

According to the abstract* released by the U.S. Patent & Trademark Office: "The disclosed embodiments relate to systems and methods for generating an optimal solution for determining a value for one or more base data objects. A plurality of solutions include one or more composite data objects transacted by a transaction ...