US Patent Issued to Exegy on April 15 for "Methods and systems for low latency automated trading" (Illinois, Missouri Inventors)

ALEXANDRIA, Va., June 5 -- United States Patent no. 12,277,600, issued on April 15, was assigned to Exegy Inc. (St. Louis).

"Methods and systems for low latency automated trading" was invented by Timothy Gorham (Chicago), David Edward Taylor (St. Louis) and Jeremy Walter Whatley (Ballwin, Mo.).

According to the abstract* released by the U.S. Patent & Trademark Office: "Automated trading engine embodiments operate on market data and re-engineer trading logic to operate on computational resources that are capable of providing highly parallelized and pipelined processing operations to improve tick to trade latency. As an example, logic resources for the automated trading engine can perform multiple types of trading strategies such as (1) mar...