US Patent Issued to NASDAQ on Jan. 13 for "Systems and methods of identifying relative ordering for electronic data transaction requests" (New Jersey Inventor)

ALEXANDRIA, Va., Jan. 13 -- United States Patent no. 12,524,807, issued on Jan. 13, was assigned to NASDAQ INC. (New York).

"Systems and methods of identifying relative ordering for electronic data transaction requests" was invented by Leo Golubovsky (Franklin Lakes, N.J.).

According to the abstract* released by the U.S. Patent & Trademark Office: "An electronic exchange computing system is provided that includes a computer storage system, at least one transceiver, and a processing system. The storage system stores an electronic order book. The transceiver receives data transaction requests and transmits messages of an electronic data feed. The processing system generates an identifier, which may be referred to as a transaction identifier...