US Patent Issued to Chicago Mercantile Exchange on March 31 for "Transactionally deterministic high speed financial exchange having improved, efficiency, communication, customization, performance, access, trading opportunities, credit controls, and fault tolerance" (Illinois Inventors)

ALEXANDRIA, Va., March 31 -- United States Patent no. 12,591,930, issued on March 31, was assigned to Chicago Mercantile Exchange Inc. (Chicago).

"Transactionally deterministic high speed financial exchange having improved, efficiency, communication, customization, performance, access, trading opportunities, credit controls, and fault tolerance" was invented by Ari Studnitzer (Northbrook, Ill.), Zachary Bonig (Skokie, Ill.), Ryan Eavy (Chicago), Frank Kmiec (Carey, Ill.) and Scott Henderson (Chicago).

According to the abstract* released by the U.S. Patent & Trademark Office: "The disclosed embodiments relate to implementation of a trading system, which may also be referred to as a trading system architecture, having improved performance w...