ALEXANDRIA, Va., Oct. 28 -- United States Patent no. 12,456,149, issued on Oct. 28, was assigned to Cboe Exchange Inc. (Chicago).
"Liquidity index engine" was invented by Nishank Modi (Chicago).
According to the abstract* released by the U.S. Patent & Trademark Office: "An exchange computer system, a method, and non-transitory computer-readable storage media for generating an implied liquidity index and values. The exchange computer system receives data related to a plurality of stocks, data related to a stock market index, and data related to a plurality of stock options. The exchange computer system selects a plurality of component stock options, determines a quantity of available stock option contracts for each of the stock options in ...