{"schema_version":"1.0","canonical_url":"https://patentable.app/patents/US-11995721","patent":{"patent_number":"US-11995721","title":"Hybrid exchange platform","assignee":null,"inventors":[],"filing_date":"2021-08-12T00:00:00.000Z","publication_date":"2024-05-28T00:00:00.000Z","cpc_codes":["G06Q","H04L"],"num_claims":20,"abstract":"Systems and techniques are disclosed for an exchange platform that runs a hybrid market model combining electronic trading and open outcry trading. In some implementations, a secure connection is established with each of a plurality of market participants associated with a trading floor. A transaction order for a financial instrument is received from a connected device. The transaction order includes a routing instruction for routing the transaction order to the trading floor. A market participant to which the transaction order is to be routed is identified. The transaction order is routed to the market participant. Information that one or more in-crowd market participants have accepted the transaction order is received. The transaction order is facilitated based on the information that the one or more in-crowd market participants have accepted the transaction order."},"analysis":{"summary":null,"layman_explanation":null,"technical_analysis":null,"business_analysis":null,"faqs":null,"topics":[],"tech_cluster":null},"seo":{"title":"Hybrid exchange platform","description":"Systems and techniques are disclosed for an exchange platform that runs a hybrid market model combining electronic trading and open outcry trading. In some implementations, a secure connection is esta","keywords":[]},"attribution":{"source":"Patentable","source_url":"https://patentable.app","canonical_url":"https://patentable.app/patents/US-11995721","license":"CC-BY-4.0-like","license_terms":"AI-generated analysis on this page (summary, layman_explanation, technical_analysis, business_analysis, faqs) may be reused with attribution and a visible link back to the canonical URL above. Patent abstracts, claims, and bibliographic data are USPTO public domain.","required_link":"https://patentable.app/patents/US-11995721","citation_suggestion":"Patentable. \"Hybrid exchange platform\" (US-11995721). https://patentable.app/patents/US-11995721","copyright_holder":"Nomic Interactive Technology LLC"},"links":{"html":"https://patentable.app/patents/US-11995721","json":"https://patentable.app/api/llm-context/US-11995721","site":"https://patentable.app","llms_txt":"https://patentable.app/llms.txt"},"generated_at":"2026-05-31T17:26:02.612Z"}