US Patent Issued to Exegy on Jan. 28 for "Methods and systems for low latency automated trading" (Illinois, Missouri Inventors)

ALEXANDRIA, Va., Jan. 29 -- United States Patent no. 12,211,100, issued on Jan. 28, 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: "Disclosed herein are automated trading engine embodiments that operate on market data and re-engineer trading logic to operate on computational resources that are capable of providing highly parallelized processing operations to improve tick to trade latency. As an example, logic resources for the automated trading engine can implement aggressing strategies to place aggress...