US Patent Issued to Chicago Mercantile Exchange on Aug. 25 for "Context based messaging" (New York, Colorado, New Jersey Inventors)

ALEXANDRIA, Va., Aug. 25 -- United States Patent no. 12,718,297, issued on Aug. 25, was assigned to Chicago Mercantile Exchange Inc. (Chicago).

"Context based messaging" was invented by Carrick Pierce (New York), Matthew Morano (Tenafly, N.J.) and James Bradley (Boulder, Colo.).

According to the abstract* released by the U.S. Patent & Trademark Office: "Systems and methods are provided for monitoring a plurality of chat messages. Values are extracted from multiple chat messages between a first party and a second party. Context is determined for the values and/or messages. The context is used to determine the relationship between the values, messages, and one or more transactions. Once all values of a transaction are identified, an order t...