US Patent Issued to Nasdaq on July 22 for "Systems and methods of matching customizable data transaction requests" (New Jersey Inventors)

ALEXANDRIA, Va., July 23 -- United States Patent no. 12,367,528, issued on July 22, was assigned to Nasdaq Inc. (New York).

"Systems and methods of matching customizable data transaction requests" was invented by Michael Craig (Wayne, N.J.), Thomas Fay (Succasunna, N.J.) and Dominick Paniscotti (Totowa, N.J.).

According to the abstract* released by the U.S. Patent & Trademark Office: "A computer system is provided that allows participants to submit agent data structures for processing. Each agent data structure includes a valuation function for a first resource and a property of a second resource. The computer system performs a dual sided evaluation process to determine when contra-sided agents match with one another. A match is determine...