CME was granted a patent for scaling prices in spread-trade matching.

{
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  "signal_type": "patents-company",
  "signal_subtype": "patentGrant",
  "detected_at": "2026-10-30T00:38:03+00:00",
  "company": {
    "name": "CME",
    "domain": "cmegroup.com"
  },
  "data": {
    "cpc": [
      {
        "code": "G06Q 40/04",
        "label": "Data processing systems for administrative, commercial, financial, managerial or supervisory purposes"
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    "tags": [
      "Intellectual Property",
      "Research & Development",
      "Financial Transactions",
      "Software"
    ],
    "detail": "In October 2026 Chicago Mercantile Exchange patented exchange technology for matching inter-commodity spread orders across futures markets.",
    "summary": "CME was granted a patent for scaling prices in spread-trade matching.",
    "event_at": "2026-10-27",
    "inventors": [
      {
        "name": "Richard Co",
        "status": "resolved",
        "is_primary": true,
        "linkedin_url": "https://www.linkedin.com/in/richard-co-0753768"
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        "linkedin_url": "https://www.linkedin.com/in/gvicioso"
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        "name": "David Paul Plandowski",
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      },
      {
        "name": "Benjamin Carl Rutledge",
        "status": "unresolved",
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    ],
    "tech_area": "business methods / CRM / fintech",
    "event_kind": "grant_date",
    "grant_date": "2026-10-27",
    "source_url": "https://patents.google.com/patent/US12775982",
    "cpc_primary": {
      "code": "G06Q 40/04",
      "label": "Data processing systems for administrative, commercial, financial, managerial or supervisory purposes"
    },
    "patent_title": "Spread price scaling for implied trade matching",
    "patent_number": "US12775982",
    "uspto_assignee": "Chicago Mercantile Exchange Inc.",
    "patent_abstract": "A computer implemented method for creating and matching implied inter-commodity spread orders where a spread ratio between legs of the inter-commodity spread is endogenous. The implied spread price is determined with a multi-step calculation including determining the price ratio between the underlying products and balancing the quantity of contracts required of each leg product.",
    "precision_class": "structural",
    "invention_explanation": "A matching method that calculates each spread’s price and contract quantities from the prices of its underlying products, even when the leg ratio changes.",
    "technologies_mentioned": [
      "electronic trading",
      "spread trading",
      "order matching",
      "futures markets"
    ]
  }
}

curl https://signals.autobound.ai/v1/signals/57724be5-e6d0-53a6-8c35-e54f01c969c0 \
  -H "X-API-KEY: $AUTOBOUND_API_KEY"

curl -X POST https://signals.autobound.ai/v1/companies/enrich \
  -H "X-API-KEY: $AUTOBOUND_API_KEY" \
  -H "Content-Type: application/json" \
  -d '{"domain":"cmegroup.com","limit":20}'