US Patent Issued on Nov. 4 for "Ultra low-latency, high-throughput matching engine for electronic trading systems" (New Jersey Inventor)

ALEXANDRIA, Va., Nov. 6 -- United States Patent no. 12,462,304, issued on Nov. 4.

"Ultra low-latency, high-throughput matching engine for electronic trading systems" was invented by Jin Seok Yoon (Elmwood Park, N.J.).

According to the abstract* released by the U.S. Patent & Trademark Office: "A high-speed matching engine for electronic trading systems is disclosed. The system employs a flexible memory architecture featuring pre-constructed Data Holder Nodes and separate pools for Price Level Descriptors, allowing zero or more pointers per node while minimizing allocation overhead and enhancing cache locality. A single-threaded core match unit processes orders under price-time priority or another matching algorithm, handling trades, cancel...