ALEXANDRIA, Va., Feb. 3 -- United States Patent no. 12,541,792, issued on Feb. 3, was assigned to Cboe Exchange Inc. (Chicago).
"Exchange risk controls" was invented by Luca Samman (Jersey City, N.J.), Kevin Carrai (New York) and Adam Inzirillo (Bay Shore, N.Y.).
According to the abstract* released by the U.S. Patent & Trademark Office: "An exchange computer system for improving risk management is described. A user may create a risk profile that includes a risk threshold, and may identify a set of one or more security transaction orders to be associated with the risk profile. The exchange computer system may receive the risk profile from a user device, determine that the set of one or more security transaction orders are associated with t...