Trading patent algo

lylec305 said:
Of course they do, but they also have their reputation on the line. No need to worry, no money is exchanged hands over drinks...
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Funny how many assumptions on ET. However, I have not disclosed my system to anyone on here
 
danielc1 said:
There is a key difference between what Brad Katsuyama is trying to accomplish and what trading is. Allthough he may started out as a trader, he is making way of new router system for orders, and that, my friend is patentable. Not his trading. Ask him...
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Have you read our patent submissions and compared differences? Last time I checked I have not submitted any. BTW they cannot be the same. The point is, a person from the financial side has submitted a patent. And it all started with an algo, and mine also has a parsing schema. Although different than IEX.
 
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Sergio77 said:
You can't patent trading, only some execution processes.
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I have the internal business method patent procedure and it's a lot more complicated than that. I agree a trade cannot be patented but a complex unique system can. As long as it meets specific criteria and rules as stated in the doco. For example internal database meta model and schema can be patented. I know all the peanuts will bring up enforcement but that's outside the scope of this thread.
 
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