Trading Technologies Settles Two More Lawsuits

Law360 (August 9, 2005, 12:00 AM EDT) -- Trading Technologies, the company behind a slew of patent infringement lawsuits against major players in the futures trading industry, has pried settlement agreements out of another pair of companies.

Trading Technologies said Tuesday it had settled lawsuits against Rolfe & Nolan Systems Inc. and Strategy Runner Ltd., only days after filing the complaints in the U.S. District Court for the Northern District of Illinois.

The lawsuit against Rolfe & Nolan was resolved on Friday with the entry of a consent judgment that found infringement by a prior version of a trading system developed by the company, Trading Technologies said.

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