US Patent Issued to BGC PARTNERS on March 11 for "Systems and methods for protecting against erroneours price entries in the electronic trading of financial and other instruments" (British, American Inventors)

ALEXANDRIA, Va., March 12 -- United States Patent no. 12,248,986, issued on March 11, was assigned to BGC PARTNERS INC. (New York).

"Systems and methods for protecting against erroneours price entries in the electronic trading of financial and other instruments" was invented by Howard W. Lutnick (New York), Kevin M. Foley (New York), Joseph C. Noviello (New York), Lon Steger (New York), Matthew Claus (New York) and Michael Sweeting (London).

According to the abstract* released by the U.S. Patent & Trademark Office: "The invention relates to systems and methods that provide a user interface for use with an electronic trading system. The interface notifies the user that the price at which he or she may have attempted to trade has changed an...