US software firm Trading Technologies (TT) has settled a
patent infringement suit against another of its customers,
Chicago trading firm Kingstree Trading. The suit, filed
and settled last week, follows the rapid settlement of a
similar case last month against trading firm Goldenberg
Hehmeyer, which is both a TT customer and the clearing firm for
TT founder Harris Brumfield's trading activities. Another suit,
against Espeed, is still ongoing.
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