US Patent Issued to Trading Technologies International on Sept. 8 for "Distributed server side device architecture" (Florida, Illinois Inventors)

ALEXANDRIA, Va., Sept. 8 -- United States Patent no. 12,731,188, issued on Sept. 8, was assigned to Trading Technologies International Inc. (Chicago).

"Distributed server side device architecture" was invented by Sagy Pundak Mintz (Tampa, Fla.) and Michael J. Burns (Riverside, Ill.).

According to the abstract* released by the U.S. Patent & Trademark Office: "An electronic trading method is provided. The method includes receiving a trading strategy order having a parent trading strategy including multiple quoting legs; splitting the trading strategy order into multiple child orders; and submitting each of the multiple child orders to exchange systems adapted to fill the quoting legs in the child orders. Each child order includes a child tr...