Trading Technologies, Inc. v. CQG
The Focal Point worked with a team from McDonnell Boehnen Hulbert & Berghoff to defend our client’s, Trading Technologies Inc., patents for a second time in front of a jury in Chicago. The infringement case proved that the defendant, CQG, had built electronic trading tools with a static price column for order entry to allow their clients faster and more accurate trading, the crux of the patented TT technology. The jury confirmed the novelty of TT’s invention and its importance as a tool for electronic trading in future commodities markets.
The Focal Point’s Role
TFP has worked with Trading Technologies, Inc. for many years, helping to successfully defend the validity and value of their patents throughout various filings, hearings, and trials. Given our established relationship and extensive knowledge of the technology, a key role for the Focal Point was working closely with the legal team and supporting their case development months ahead of trial and being in the war room for over a month. The Focal Point worked closely with each presenter to clarify the key issues and facts in their story and refine the legal arguments. TFP made key graphics and animations that allowed the jury to understand the ground-breaking Graphical User Interface (GUI) in TT’s patents and to visualize how various modes of the infringing software programs operated in the same way as the patented technology. TFP built slides to help simplify and teach the jury an intricate damages model and built clear and convincing presentations for both the opening and closing statements.
A Chicago jury found CQG’s products infringed on both of the asserted patents, upholding their validity and awarding The Focal Point’s client a damages award.
US District Court for the Northern District of Illinois (Chicago, IL)