Trading Technologies awarded patent for DOM
- Thread starter bundlemaker
- Start date
It is not going to be so easy for TT. Yes they can issue letters and scare small developers. However, Pats is who they are going after. Pats was the first to rip them off (if that is what you call it). I do not believe it will as easy as getting all the vendors to issue checks back to TT. They will probably cut some back door deals. Especially, since the exchanges will not want to shake things up and loving the volume. Most do not realize how much more trading this type of screen layout produces per trader.
The bright side is you will probably get some good deals on TT. There costs will come down (maybe). Or you guys can move over to the Velocity no fee deal!! (no I am not a customer).
The bright side is you will probably get some good deals on TT. There costs will come down (maybe). Or you guys can move over to the Velocity no fee deal!! (no I am not a customer).
Are they really claiming there is no prior art for a level 2 or DOM display? This will get challenged and destroyed. I have spoken.
Of course there is. It's called a list of numbers... They even teach this in some math classes in most high schools in most countries in the world.
That's how you get this kind of inventions: they are invented by the people who have missed most of their high school math classes and they get accepted only because those who are in charge of this have also missed most of their high school math classes so for them this is also a revelation. In other words, it's just one more illustration of what a friend of mine calls 'Morons have won'.
Actually you can patent a look and a feel, they're called design patents as opposed to utility patents. I hold some for furniture, they're a waste of time and $$$ unless you're a powerhouse firm like Dakota Jackson, Phillipe Starck etc. as they cost too much to defend. TT is blowing smoke up their own ass as retail traders will go underground and firms like pats will alter the concept enough to beat TT's claim and then patent the alteration. Many of you have seen a desk with a crt placed below the surface at an angle with glass over it so the desktop is smooth. People were building those for years when some cabinet shop patented the idea and tried to enforce it, what a joke. Then came lcds. Copyrights are just as screwed up, dj's take other peoples music , mix a couple tracks together creating a new cd and copyright that, absurd.
That's a frickin joke. Does anybody know when TT started offering this front end? U.S. Patent Law clearly states "a U.S. patent application must be filed within one year following any public disclosure, sale, offering for sale or public use of the invention." The patent app is dated in 2000. When did TT first publicly offer this? If it was prior to 1999 then they cannot have this patent. The patent office is filled with a bunch of frickin' morons. They granted Lava Trading a patent for what is effectively a Level II screen and now this. Frickin' morons. I'm building my own futures trader and its going to look just like theirs.
Quote from version77:
WTF does your post mean? You an anti-American? Terrorist maybe?... :eek:
Maybe you are a product of a non-American "we are going to
shove this **** down your throat whether you want it or not
educational system?.. he he...
a simple search on the internet would have found the newsletter in question.
what are you going to shove down my throat?
squeak up.
In terms of utility, I don't see how the price ladder is any more novel than a spread sheet, so even with the patent it will not necessarily stand up to a challenge in court.
Runningbear
Runningbear