Institutions across the industry are in the process of scouring financial services for examples of prior art as a defence against predatory use of intellectual property by Trading Technologies (TT). According to market sources, Euronext Liffe is amongst the parties investigating, and the exchange's board has met to discuss the issue.
Other parties looking into the possibility of prior art include Espeed, currently the defendant in a case brought by TT, and rival ISVs...