Court Denies Injunction to Shut Down Bond Market In Patent Suit
On Wednesday, U.S. District Judge Kent A. Jordan denied eSpeed Inc's request for a preliminary injunction against rival BrokerTec.
eSpeed, the electronic bond-trading subsidiary of Cantor Fitzgerald LP, has sued BrokerTec for infringing a patent for the company’s fixed income trading system it developed.
BrokerTec and eSpeed facilitate the trading of many kinds of...
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