US Patent Issued to ECONOMIC ALCHEMY on Oct. 20 for "Methods and systems to quantify and index liquidity risk in financial markets and risk management contracts thereon" (Pennsylvania, New York Inventors)

ALEXANDRIA, Va., Oct. 21 -- United States Patent no. 12,770,194, issued on Oct. 20, was assigned to ECONOMIC ALCHEMY INC. (New York).

"Methods and systems to quantify and index liquidity risk in financial markets and risk management contracts thereon" was invented by Giselle Claudette Guzman (New York) and Lawrence Klein (Gladwyne, Pa.).

According to the abstract* released by the U.S. Patent & Trademark Office: "Systems and methods for creating indicators to quantify and index financial market liquidity risk that is marked wide among a broad set of securities or asset classes or portfolio specific relative to an individual investor's portfolio holdings. A liquidity risk index can be created as a counterpart to any well-known market index,...