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James R. Barney

Patent Eligibility of Commodities Trading Graphical User Interface Affirmed

January 20, 2017

Bloomberg BNA

On January 18, 2017, the Federal Circuit ruled in favor of Finnegan client Trading Technologies Inc., stating that the company's improvements to a graphical user interface for commodities traders are eligible for patenting. Trading Technologies asserted its patent directed to displaying bid and ask prices for a commodity traded on an electronic exchange, against software provider CQG Inc. The Federal Circuit affirmed the lower court's judgment and designated its opinion as nonprecedential—it is believed that this may indicate some consensus on software patent eligibility when it doesn't claim the kind of abstract idea as found in Alice.

Tags

Trading Technologies, United States Court of Appeals for the Federal Circuit (CAFC), Alice Corp. v. CLS Bank International, patent-eligible

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