US Patent Issued to BYTEDANCE on April 29 for "Apparatus and method for option data object performance prediction and modeling" (Illinois, California Inventors)

ALEXANDRIA, Va., June 9 -- United States Patent no. 12,288,009, issued on April 29, was assigned to BYTEDANCE INC. (Wilmington, Del.).

"Apparatus and method for option data object performance prediction and modeling" was invented by Leopold Silberstein (Chicago), Addhyan Pandey (Chicago), Abhaya Parthy (Palo Alto, Calif.) and Boris Lerner (Chicago).

According to the abstract* released by the U.S. Patent & Trademark Office: "An apparatus, method, and computer program product are provided to predict and model the performance of option data objects prior to the introduction of such option data objects into a network environment through the application of specific rule sets that are applied in a multi-stage arrangement on sets of extracted op...