US Patent Issued to CFPH on Feb. 25 for "Large block trading" (New York, Connecticut, Illinois, Florida, California, New Jersey Inventors)

ALEXANDRIA, Va., Feb. 26 -- United States Patent no. 12,236,482, issued on Feb. 25, was assigned to CFPH LLC (New York).

"Large block trading" was invented by Howard W. Lutnick (New York), Dean P. Alderucci (Westport, Conn.), Mark Miller (Chicago), Andrew Fishkind (New York), Kevin Foley (New York), William Rice (Los Angeles), Brian L. Gay (Fair Haven, N.J.), Philip Marber (Boca Raton, Fla.) and Charles Plott (Pasadena, Calif.).

According to the abstract* released by the U.S. Patent & Trademark Office: "Systems and methods for administering trade orders are described. An embodiment comprises receiving, from a first server operated by a first trader, a communication including a first trade order and one or more selection criteria, the firs...