US Patent Issued to Nasdaq on April 7 for "Systems and methods of switching between a first execution mode and second execution mode for match processing" (New Jersey Inventors)

ALEXANDRIA, Va., April 7 -- United States Patent no. 12,597,071, issued on April 7, was assigned to Nasdaq Inc. (New York).

"Systems and methods of switching between a first execution mode and second execution mode for match processing" was invented by Leo Golubovsky (Franklin Lakes, N.J.) and Chung-Sin Wang (Ridgewood, N.J.).

According to the abstract* released by the U.S. Patent & Trademark Office: "An electronic exchange computing system is provided that includes a computer storage system, at least one transceiver, and a processing system. The storage system stores an electronic order book. The transceiver receives data transaction requests and transmits messages of an electronic data feed. The processing system determines that a first...