Trading Technologies (TT) and CQG have locked horns legally, each filing lawsuits against each other after talks to forge a settlement broke down.
CQG, a Denver-based data vendor and ISV, has filed a suit in Denver stating it is not infringing on TT's patents and challenging the validity of them. Meanwhile, TT has filed a patent infringement case against CQG.
Joe Schroeter, president of CQG, told FO Week that his firm decided to file suit after it was threatened with...