Trading Technologies (TT) Patent (Trademaven and Ninja Trader)

[market_hacker]

Quote from alterego:

Sounds like you work for TT. Here's my spin on the pats deal......

pats has new software that they are releasing that doesn't infringe. they don't have any free cash to spend in court so they settle by stating that they will license the TT patent. But here's the catch..... they will pay nothing. Why? their new release of code doesn't infringe. It's a win/win. TT gets the PR to spin and Pats doesn't spend any money defending their code.

Yep you're right I am a TT shareholder ( i have stated this in many posts before and probably should have here but i get tired of typing it) So clearly i have a bias though i try my best to keep it in check and just provide factual information or corrections when i see people are misinformed. This is often the case when it comes to what the patent actually covers for example.

I would not dispute your spin on things, I don't really know what patsystems intends to do, so you may be right. As long as they are not infringing i doubt TT really cares. The MD trader concept is valuable, but if pats thinks they don't really need it to sell screens - well good for them. They have a lot of screens out there they probably know what their customers want.

Nonetheless TT has demonstrated willingness to license their technology on multiple occasions which was my main point.

 

[CoolTrader]

Quote from alterego:

Sounds like you work for TT. Here's my spin on the pats deal......

pats has new software that they are releasing that doesn't infringe. they don't have any free cash to spend in court so they settle by stating that they will license the TT patent. But here's the catch..... they will pay nothing. Why? their new release of code doesn't infringe. It's a win/win. TT gets the PR to spin and Pats doesn't spend any money defending their code.

So Pats will not use the static ladder? The new dynamic ladder called Reflector sucks.

 

[teddy]

what is a dynamic ladder?
How is it different from the Static MD Trader?

 

[o10maximus]

Quote from CoolTrader:

So Pats will not use the static ladder? The new dynamic ladder called Reflector sucks.

Check out RCG's ONYX platform. Not too bad. Hyrid of jtrader and bracket trader. I'll never understand why jtrader didn't add simple features like this.

 

[CoolTrader]

Quote from o10maximus:

Check out RCG's ONYX platform. Not too bad. Hyrid of jtrader and bracket trader. I'll never understand why jtrader didn't add simple features like this.

Thanks for the info. Are you using it? I've heard RCG's server is not good enough, that's why I don't have an account with them. I'm thinking about upgrading to CQG in the future, their commission is hard to beat for high volume traders.

 

[Kermit]

Quote from easyrider:

What if somebody came up with a charting program that you could clik right on the prices in the right margin of the chart to transmit an order. Would that violate the patent?

You mean like this?

<img src=http://www.elitetrader.com/vb/attachment.php?s=&postid=759116>

Wonder if Fipertec’s got this patented already or not.

 

[qtip]

So, for those of you who are using these ISVs', will you be moving over to TT or staying with the platforms with the minor changes..

Curious to know...

 

[FredBloggs]

Quote from Kermit:

You mean like this?

<img src=http://www.elitetrader.com/vb/attachment.php?s=&postid=759116>

Wonder if Fipertec’s got this patented already or not.

refco & esignal have got a combined offering - you can place orders by clicking on the chart.

esignal@refco its called. never used it though - also gives a discount on the esignal subscription.

 

[easyrider]

Yep. Except I would leave off the colored bars and just rt clik to sell lft clik to buy right on the numbers or something like that to avoid the patent thingy.

Quote from Kermit:

You mean like this?

<img src=http://www.elitetrader.com/vb/attachment.php?s=&postid=759116>

Wonder if Fipertec’s got this patented already or not.

 

[o10maximus]

Quote from CoolTrader:

Thanks for the info. Are you using it? I've heard RCG's server is not good enough, that's why I don't have an account with them. I'm thinking about upgrading to CQG in the future, their commission is hard to beat for high volume traders.

Not using it but thinking about opening an acct to try it. Not sure what markets it supports. From the looks of their online demo there aren't many options (just ES, NQ).

If anyone else is using it I'd like to hear their feed back.