12:54 PM EDT, 10/08/2024 (MT Newswires) -- Network-1 Technologies ( NTIP ) said Tuesday that its HFT Solutions unit was issued a US patent covering certain technologies related to high-frequency trading.

The new patent comes from an application in the HFT patent portfolio that HFT Solutions acquired in March 2022, the company said.

The company said that with the new patent, its HFT patent portfolio now includes 11 issued US patents and two pending applications.

The portfolio's patent terms are set to extend until 2040, the company said.

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