US Patent Issued to ICE Data on June 24 for "Method and system for collecting and using market data from various sources" (New York Inventors)

ALEXANDRIA, Va., June 25 -- United States Patent no. 12,340,418, issued on June 24, was assigned to ICE Data LP (Atlanta).

"Method and system for collecting and using market data from various sources" was invented by Jacob E. Pechenik (New York), Gregory S. Campbell (Brooklyn, N.Y.), Douglas E. Miller (Brooklyn, N.Y.) and Blake A. Barnes (New York).

According to the abstract* released by the U.S. Patent & Trademark Office: "A system and a method for collecting and using market data. The system includes a workstation, where at least one message is entered, a transmitter, where the at least one message is transmitted, a parser for parsing the at least one message, a data recognizer for identifying relevant information in the at least one me...