While standing testimony oon the Trading Technologies (TT) MD Trader patents, the firm’s chief executive has also revealed the firm’s financial struggles, goals and buyout offers by rival E-Speed

TT CEO, Harris Brumfield, testified on 17 September in its patent case against E-Speed that the company is “at best break even”. Brumfield, who took a majority stake in TT in 2000, has invested $35m to $40m of his own money in the firm, which was describes as characterising his investment as “a patient situation”.

E-Speed introduced internal documents...