More developments in TT software patent court cases

25 Apr 2005

Two of the patent infringement cases brought by Trading Technologies (TT) saw developments last week, most significantly when the judge in the Espeed suit granted the defendant's motion to request evidence from Tiffe and Osaka Securities Exchange (OSX) (see FO Week...

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“The fact is, an awful lot of people would be very happy for all business to be transacted over the counter. Transparency is good for the consumer, but privacy is better for the banks and the brokers. Wherever there’s a grey area, it’s possible to make money.”

European consultants predict frantic lobbying during the Mifid review.