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...
To view the full article, register now.
Try Law360 FREE for seven days
Already a subscriber? Click here to login