Chicago-based Trading Technologies (TT) was awarded two UK patents on its MD Trader product, which it claims is used for half of all global electronic futures trading.
Saturday, April 16, 2005
Futures traders accused of software patent breach
A leading US trading software firm has filed a lawsuit against UK hedge-fund company Man Group in the row over claims that a patent awarded last year entitles it to a share of trading revenue on futures exchanges.
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