US Patent Issued to TRADING TECHNOLOGIES INTERNATIONAL on Aug. 26 for "System and method for aggressively trading a strategy in an electronic trading environment" (New York, Illinois, Florida Inventors)

ALEXANDRIA, Va., Aug. 26 -- United States Patent no. 12,400,264, issued on Aug. 26, was assigned to TRADING TECHNOLOGIES INTERNATIONAL INC. (Chicago).

"System and method for aggressively trading a strategy in an electronic trading environment" was invented by Nicholas G. Kontos (Peoria, Ill.), Sagy Pundak Mintz (Tampa, Fla.) and Alexander D. Deitz (New York).

According to the abstract* released by the U.S. Patent & Trademark Office: "System and method for aggressively trading a spread trading strategy in an electronic environment are provided herein. According to the example embodiments, a trader may configure the automated trading tool to trade as aggressively as possible by leaning on a price without an associated quantity. This allows ...