US Patent Issued to Trading Technologies International on Feb. 3 for "Methods and systems to prevent adverse exchange limit effects" (Illinois Inventors)

ALEXANDRIA, Va., Feb. 3 -- United States Patent no. 12,541,793, issued on Feb. 3, was assigned to Trading Technologies International Inc. (Chicago).

"Methods and systems to prevent adverse exchange limit effects" was invented by Thomas Jeffrey Weiss (Skokie, Ill.) and Michael Unetich (Chicago).

According to the abstract* released by the U.S. Patent & Trademark Office: "Methods and systems to prevent adverse exchange limit effects are disclosed. An example method of message management includes tracking, at a gateway, a transaction count of trade messages communicated to an exchange via an exchange link. The example method includes defining a first transaction limit based on the transaction count, and calculating a second transaction limit ...