TradeStation Group, Inc. et al. v. Trading Technologies International, Inc.

TradeStation Group, Inc. et al. v. Trading Technologies International, Inc., CBM2015-00161 (Petravick, APJ.) (Jan. 27, 2016)

Patent(s):

6,766,304 | Entitled “Click based trading with intuitive grid display of market depth”

Disposition:

Grant in relevant part of institution of petition

Abstract Idea:

Yes

Something More:

No

Technology:

Display of market information relating to electronic trading of commodities.

Summary:

The court determined that the Petitioner showed that more likely than not the petitioned claims of the ‘304 patent are unpatentable under Section 101. The claims “are directed to the fundamental economic practice of placing an order based on displayed market information, as well as updating market information.” Limitations regarding GUI features such as bid and ask quotations in columns are “nothing more than routine data gathering” and do not add an inventive concept.