`
`(12) United States Patent
`Kemp, 11 et a].
`
`(10) Patent N0.:
`(45) Date of Patent:
`
`US 7,676,411 B2
`*Mar. 9, 2010
`
`(54)
`
`(75)
`
`(73)
`
`(21)
`(22)
`(65)
`
`(63)
`
`(60)
`
`(51)
`
`(52)
`(58)
`
`(56)
`
`CLICK BASED TRADING WITH INTUITIVE
`GRID DISPLAY OF MARKET DEPTH
`
`Inventors: Gary Allan Kemp, II, Winnetka, IL
`(US); Jens-UWe Schluetter, Evanston,
`IL (US); Harris Brum?eld, Chicago, IL
`(Us)
`Assignee: Trading Technologies International,
`Inc., Chicago, IL (US)
`
`Notice:
`
`Subject to any disclaimer, the term of this
`patent is extended or adjusted under 35
`U.S.C. 154(b) by 288 days.
`
`This patent is subject to a terminal dis
`claimer.
`
`Appl. N0.: 11/5s5,907
`
`Filed:
`
`Oct. 25, 2006
`
`Prior Publication Data
`
`US 2007/0038556 A1
`
`Feb. 15, 2007
`
`Related U.S. Application Data
`
`Continuation of application No. 11/415,163, ?led on
`May 2, 2006, Which is a continuation of application
`No. 10/237,131, ?led on Sep. 9, 2002, noW abandoned,
`Which is a continuation of application No. 09/590,692,
`?led on Jun. 9, 2000, noW Pat. No. 6,772,132.
`Provisional application No. 60/186,322, ?led on Mar.
`2, 2000.
`
`Int. Cl.
`(2006.01)
`G06Q 40/00
`U.S. Cl. ...................................................... .. 705/35
`
`Field of Classi?cation Search ............ .. 705/35*45
`See application ?le for complete search history.
`
`References Cited
`
`U.S. PATENT DOCUMENTS
`6/1987 Kalmus et a1.
`4,674,044 A
`
`6/1988 Boilen
`4,750,135 A
`2/1990 Wagner
`4,903,201 A
`8/1991 Kramer
`5,038,284 A
`5,077,665 A 12/1991 Silverman et a1.
`
`(Continued)
`FOREIGN PATENT DOCUMENTS
`
`EP
`
`1319 211 B1
`
`4/1998
`
`(Continued)
`OTHER PUBLICATIONS
`
`Non-?nal Of?ce Action mailed Oct. 17, 2008 for U.S. Appl. No.
`11/415,163.
`
`(Continued)
`Primary ExamineriRichard Weisberger
`(74) Attorney, Agent, or FirmiMcDonnell Boehnen Hulbert
`& Berghoff LLP
`
`(57)
`
`ABSTRACT
`
`A method and system for reducing the time it takes for a trader
`to place a trade When electronically trading on an exchange,
`thus increasing the likelihood that the trader Will have orders
`?lled at desirable prices and quantities. The “Mercury” dis
`play and trading method of the present invention ensure fast
`and accurate execution of trades by displaying market depth
`on a vertical or horizontal plane, Which ?uctuates logically up
`or doWn, left or right across the plane as the market prices
`?uctuates. This alloWs the trader to trade quickly and e?i
`ciently.
`
`28 Claims, 6 Drawing Sheets
`
`CONNECTION TO MULTIPLE EXCHANGES
`
`HOSTEXCHANGE
`101, nuAf/ACILITIE?
`1
`
`a;
`HOST EXCHANGE
`
`ROUTER
`
`107
`""" “EATE . AY
`
`
`
`
`
`CLIENT CLIENT 110 111
`
`
`
`CLIENT CLIENT 112 113
`
`
`
`
`
`CLIENT 114
`
`
`
`
`
`CLIENT CLIENT 115 115 IB
`
`IBG 1001
`CBM of U.S. Patent No. 7,676,411
`
`
`
`US 7,676,411 B2
`Page 2
`
`US. PATENT DOCUMENTS
`
`3/1992 Lupien et al.
`5,101,353 A
`8/1992 Silverman et al.
`5,136,501 A
`9/1993 McCausland et al.
`5,243,331 A
`5,270,922 A 12/1993 Higgins
`5,297,031 A
`3/1994 Gutterman et al.
`5,297,032 A
`3/1994 Trojan et al.
`5,689,651 A 11/1997 LoZman
`5,774,877 A
`6/1998 Patterson, Jr. et al.
`5,793,301 A
`8/1998 Patterson, Jr. et al.
`5,797,002 A
`8/1998 Patterson, Jr. et al.
`5,845,266 A 12/1998 Lupien et al.
`5,915,245 A
`6/1999 Patterson, Jr. et al.
`5,924,082 A
`7/1999 Silverman et al.
`5,924,083 A
`7/1999 Silverman et al.
`5,946,667 A
`8/1999 Tull, Jr. et al.
`5,960,411 A
`9/1999 Hartman et al.
`5,963,923 A 10/1999 Garber
`6,012,046 A
`1/2000 Lupien et al.
`6,014,643 A
`1/2000 Minton
`6,035,287 A
`3/2000 Stallaert et a1.
`6,098,051 A
`8/2000 Lupien et al.
`6,115,698 A
`9/2000 Tuck et a1.
`6,131,087 A 10/2000 Luke et al.
`6,134,535 A 10/2000 Belzberg
`6,195,647 B1
`2/2001 Martynetal.
`6,272,474 B1
`8/2001 Garcia
`6,278,982 B1
`8/2001 Korhammeretal.
`6,282,521 B1
`8/2001 Howorka
`6,343,278 B1
`1/2002 Jain et al.
`6,408,282 B1
`6/2002 Buist
`6,421,653 B1
`7/2002 Mayet a1.
`6,766,304 B2
`7/2004 Kemp, II et al.
`6,772,132 B1
`8/2004 Kemp, II et al.
`6,938,011 B1
`8/2005 Kemp, II
`2002/0023038 A1
`2/2002 Fritsch et al.
`5/2002 Williams
`2002/0055899 A1
`2002/0138401 A1
`9/2002 Allen et a1.
`2003/0097325 A1
`5/2003 Friesen et a1.
`7/2005 Kemp, II
`2005/0149429 A1
`8/2006 Kemp, II
`2006/0195389 A1
`2/2007 Kemp, II
`2007/0038554 A1
`2/2007 Kemp, II
`2007/0038555 A1
`2/2007 Kemp, II
`2007/0038556 A1
`2/2007 Kemp, II
`2007/0038557 A1
`
`FOREIGN PATENT DOCUMENTS
`
`W0
`W0
`W0
`W0
`W0
`W0
`W0
`W0
`W0
`W0
`W0
`W0
`W0
`
`WO 91/14231
`WO 95/26005
`WO 98/49639
`WO 99/19821
`WO 99/30259
`WO 99/53424
`WO 00/52619
`WO 00/62187
`WO 00/65510
`WO 01/16830
`WO 01/16852
`WO 01/22315
`WO 01/88808
`
`9/1991
`9/1995
`11/1998
`4/1999
`6/1999
`10/1999
`9/2000
`10/2000
`11/2000
`3/2001
`3/2001
`3/2001
`11/2001
`
`OTHER PUBLICATIONS
`
`Non-?nal Of?ce Action mailed Mar. 17, 2009 for US. Appl. No.
`1 1/ 585,905.
`Non-?nal Of?ce Action mailed Nov. 19, 2008 for US. Appl. No.
`1 1/ 585,906.
`Final Of?ce Action mailed Jan. 23, 2009 for US. Appl. No.
`1 1/ 585,966.
`www.tradingtechnologies.com/products/xtradeifull.html (viewed
`May 22,2001).
`Kharouf, “A trading room with a view,” F ututes , 27, 11, Nov. 1998.
`
`USPTO Presentation, Nasdaq, Nov. 8, 2001, enclosed pp. 1-13.
`Tokyo Stock Exchange, Publication 1, “Next-Generation Futures
`Options Trading System” (participants seminar materials), Sep.
`1997.
`English Translation of Tokyo Stock Exchange, Publication 1, “Next
`Generation Futures Options Trading System” (participants seminar
`materials), Sep. 1997.
`REFCO English Translation of Tokyo Stock Exchange, Publication
`1, “Next-Generation Futures Options Trading System” (participants
`seminar materials), Sep. 1997.
`Tokyo Stock Exchange, Publication 2, “Futures/Options Trading
`System Guidelines for Operating the Trading Terminals”, Aug. 1998.
`English Translation of Tokyo Stock Exchange, Publication 2,
`“Futures/ Options Trading System Guidelines for Operating the Trad
`ing Terminals”, Aug. 1998.
`REFCO English Translation of Tokyo Stock Exchange, Publication
`2, “Futures/Options Trading System Guidelines for Operating the
`Trading Terminals”, Aug. 1998.
`Tokyo Stock Exchange, Document 1, “Downloading the Terminal
`Program and Sending the Replacement for the Guidelines for Oper
`ating the Trading Terminals”, Jan. 2000.
`English Translation of Tokyo Stock Exchange, Document 1, “Down
`loading the Terminal Program and Sending the Replacement for the
`Guidelines for Operating the Trading Terminals”, Jan. 2000.
`Tokyo Stock Exchange, Publication 3, “Tokyo Stock Exchange 50”’
`Anniversary Book of Materials”, Jul. 31, 2000.
`English Translation of Tokyo Stock Exchange, Publication 3, “Tokyo
`Stock Exchange 50”’ Anniversary Book of Materials”, Jul. 31, 2000.
`REFCO English Translation Tokyo Stock Exchange, Publication 3,
`“Tokyo Stock Exchange 50”’ Anniversary Book of Materials”, Jul.
`31, 2000.
`English Translation of Tokyo Stock Exchange Offer Form, Apr. 18,
`2005.
`Information Offer Form, Apr. 18, 2005.
`Noti?cation of Information Offer Form, Jun. 3, 2005.
`“APT: A trading system for the future,” The London International
`Financial Futures Exchange (LIFFE), 1990, 11 pages.
`Trading Screen, INTEX of Bermuda, 1984, one page.
`B.W. Weber, “Information Technology in the Major International
`Financial Markets,” Stern School of Business, New York University,
`Apr. 7, 1993, pp. 1-43.
`Trading Screen, TIFFE Exchange, circa 1989-1990, one page.
`Trading Screen, MEFF Exchange, 1990, one page.
`C. Cavaletti, “Order Routingf’, Futures Magazine, Feb. 1997, pp.
`68-70.
`“Aurora: The most technologically advanced trading system avail
`able today,” Chicago Board of Trade, 1989, 11 pages.
`“One Click Trading Options,” Trading Technologies, Inc., 1998, one
`page.
`Trading Screen, SWX Exchange, 1990, two pages.
`“Expanding futures and options trading around the world, around the
`clock,” GLOBEX, 1989, 48 pages.
`S. Hansell, “The computer that ate Chicago,” Institutional Investor,
`Feb. 1989, 5 pages.
`“Sydney Futures Exchange Announces Plans to Join GLOBEX,”
`GLOBEX Report: An Update on the CME global electronic
`exchange, vol. II, No. 2, Feb. 10, 1989, 4 pages.
`NewYork Mercantile Exchange (NYMEX) Access Documents, Feb.
`28, 1992, 413 pages.
`The Computer Assisted Trading System (CATS) Traders’ Manual,
`Toronto Stock Exchange, Sep. 30, 1977, 142 pages.
`Market Watch trading screen, date not available, 1 page.
`Grummer et al., “Preliminary Feasibility Study,” Bermudex Ltd.,
`Nov. 1980, 100 pages.
`Peake et al., Appendix C of Preliminary Feasibility Study, “The
`ABCs of trading on a national market system,” Bermudex Ltd., Sep.
`1997, 16 pages.
`J .W. Peake, Appendix E of Preliminary Feasibility Study, “The last
`?fteen meters,”Bermudex Ltd., Jun. 15, 1997, 18 pages.
`Declaration of Brendan Bradley in Case No. 04 C 5312, Nov. 18,
`2004, 27 pages.
`Memorandum Opinion and Order of Judge James B. Moran in Case
`No.04 C 5312, Feb. 9, 2005, 22 pages.
`
`
`
`US 7,676,411 B2
`Page 3
`
`GL Trade, CAC and Stoxx Futures on MATIF NSC VF, User Infor
`mation Notes, pp. 1-14, published by GL Trade, London, England,
`Mar. 15, 1999.
`GL Trade, LIFFE Connect for Futures, User Guide, V4.50 Beta, pp.
`1-24, published by GL Trade, London, England, Jan. 1999.
`GL Trade, LIFFE Connect for Futures, User Guide, V4.50, pp. 1-39,
`published by GL Trade, London, England, Feb. 1999.
`GL Trade, LIFFE Connect for Futures, User Guide, V4.50, pp. 1-39,
`published by GL Trade, London, England, Mar. 1999.
`GL Trade, LIFFE Connect for Futures, User Guide, V4.51, pp. 1-57,
`published by GL Trade, London, England, Jun., 1999.
`eSpeed’s Supplemental Invalidity Contentions, May 25, 2007.
`eSpeed’s Disclosure of Invalidity Contentions Pursuant to 35 USC
`282, May 25, 2007.
`Invalidity Contentions Re: TradePad Module (Letter Dated May 25,
`2007).
`Supplemental Invalidity Contentions Pursuant to 35 USC. 282, Aug.
`10, 2007.
`eSpeed’s and Ecco’s Answers to Plaintiff’ s Eighth Set of Interroga
`tories, Aug. 4, 2006.
`eSpeed and Ecco’s Supplemental Answers to Plaintiff’ s First, Third,
`Seventh, Eighth, and Ninth Set of Interrogatories, May 25, 2007.
`Defendant GL Trade Americas, Inc’s Supplemental Responses and
`Objections to Interrogatory Nos. 5, 17, and 18, Jul. 24, 2006.
`eSpeed’s Objections and Answers to Plaintiff’ s Third Set of Inter
`rogatories to Defendant eSpeed, May 12, 2005.
`GL WINVersion 4.50, Mar. 3, 1999, DX 538, G 107459-G 107480,
`DTX 538.
`Trading Pad User Manual, Aug. 10, 1999, DX 539, G 112123-G
`112131, DTX 539.
`Email from Wattier to M. Cartier attaching Matif VF: V4.50 manual,
`Mar. 30, 1998, DX 592, MC000046-MC000116, DTX 592.
`User Guide V4.60 LIFFE Connect for Futures by GL Trade, Jun.
`1999, DX 605, G 123548-G 123603, DTX 605.
`“A System and Method for Conducting Security Transactions Over a
`Computer Networ ”, Mauro & Buist, Mar. 1, 1999, DX 196, eS
`066150-eS 066229, DTX 196.
`RCG’s Presentation re WitCapital, Apr. 22, 2004, DX 208, RCG
`000635-RCG 000663, DTX 208.
`Mauro, Certi?ed U.S. Appl. No. 09/292,552, Apr. 15, 1999, DX 209,
`eS 065994-eS 066149.
`Various declarations Re: US. Appl. No. 09/292,552, Nov. 3, 2003,
`DX 284, TT 099877-TT 099907, DTX 284.
`Evenstreet Presentation prepared for National Discount Brokers,
`1999, DX 301, CM 006787-CM 006817, DTX 301.
`WIT DSM user interface instructions, Aug. 6, 1998, DX 427, CM
`006591-CM 006632, DTX 427.
`Presentation re WIT DSM user interface Trade4.ppt, Oct. 12, 1998,
`DX 430, CM 008265-CM 008330, DTX 430.
`WIT DSM Presentation re Information display and decision vari
`ables, Dec. 20, 1998, DX 431, CM 004334-CM 004347, DTX 431.
`Evenstreet Presentation prepared for Flatiron Partners, 1999, DX
`437, CM 007139-CM 007172, DTX 437.
`WIT Capital digital trading facility presentation to Goldman Sachs,
`DX 438, CM 004523-CM 004547, DTX 438 (Jun. 1999).
`WIT Capital Digital trading facility presentation to PaineWebber,
`Inc., DX 439, DTX 439 (circa 1999).
`WIT Capital after hours trading system, Mauro, Mar. 19, 1999, DX
`440, CM 009028-CM 009059, DTX 440.
`WIT Capital Corporation digital trading facility presentation, Mar.
`1999, DX 441, DTX 441.
`WIT Capital pdf operator manual for Digital trading facility, 1999,
`DX 442, CM 006510-CM 006513, DTX 442 (1999).
`Overview re Digital trading facility, DX 443, CM 006315-CM
`006344, DTX 443 (circa 1999).
`Utility Patent Application Transmittal Re: Computer Trading Sys
`tem, Method and Interface, Apr. 15, 1999, Mauro, Kleia, and Buist,
`PX368.
`Photocopy of Disks containing exhibits A and B to declaration of W.
`Buist, PX366 (Apr. 26, 2006).
`SISS Functional speci?cations version 2.1, Feb. 16, 1988, DX 445,
`DTX 445.
`
`Overview re SPATS; the Electronic Broker, DX 446, DTX 446 (date
`unavailable).
`Status review specialist support system study NYSE, Apr. 10, 1986,
`DX 447, DTX 447.
`Declaration ofW. Buist re: WIT DSM System, Apr. 26, 2006, PX 365,
`DTX 1777.
`Sample screens ofAPT system, DX 150, DTX 150 (circa 1989).
`Photo oftrader w/ APT screen, DX 151, LIFFE 00167-LIFFE 00168,
`DTX 151 (pre-1998).
`APT User Guide, Jan. 1994, DX 152, LIFFE 000262-LIFFE 000363,
`DTX 152.
`LIFFE guide/pamphlet, DX 148, DTX 148 (pre-1994).
`Release NotesiMarket Trader V5.2a, Mar. 18, 1999, DX 617, G
`118137-G 118152, DTX 617.
`Market TraderiNikkei 225 & Nikkel 300 Index options and Index
`futures trading users guide, Mar. 20, 1998, DX 618, G100444
`G100462, DTX 618.
`Midas Kapiti Delivery Note and Release Note- Market TraderV5.2b,
`Mar. 31, 1999, DX 619, G 096511-G 096527, DTX 619.
`Midas Kapiti Release NotesiMarket Trader V5.2e, Apr. 12, 1999,
`DX 620, G 096694- G 096711, DTX 620.
`Midas Kapiti Release NotesiMarket Trader V5.2, DX 621, G
`096712 -G 096727, DTX 621, May 26, 1999.
`Midas Kapiti Release NotesiMarket Trader V5.2e, DX 622, G
`096728- G 096754, DTX 622, Jun. 1, 1999.
`Midas Kapiti Delivery Note and Release Note- Market TraderV5 .2e,
`DX 623, G 105641- G 105667, DTX 623, May 26, 1999.
`Drawing of 1997 TSE terminal by H. Kida, DX 624, DTX 624.
`Directory of Software Solutions for LIFFE Connect, Feb. 1999, DX
`1 56, DTX 1 56.
`ScreenShots: Patsystem “Canned” Demo, Feb. 1997, DX 120, PATS
`00545- PATS 00559, DTX 120.
`PTS Client Version 2.1F, DX 119, PATS 00067-PATS 00082, DTX
`119 (1998).
`PTS trading application Version 1.1 Beta H.1, Mar. 31, 1998, DX
`118, PATS 00560 -PATS 00560, DTX 118.
`Directory of Software Solutions for LIFFE Connect, Issue 1, Oct.
`1998, DX 155, DTX 155.
`Directory of Software Solutions for LIFFE Connect, Issue 3, Jun. 10,
`1999, DX 157, DTX 157.
`Trading Technologies Trader System User Documentation, Apr. 1,
`1998, Release 3.10, DX 3, TT 015867-TT 015955, DTX 3.
`Aurora Chicago Board of Trade Brochure, 1990, ES0021230
`ES0021241.
`Ecco Consulting Study Report MEFF Software Systems, Mar. 17,
`1999, ES0060578-ES0060591.
`Osaka Stock Exchange Manual (Japanese Document), Apr. 1996
`REFCO0009773-REFCO0009826.
`TSE Manual (Japanese Document),Nov. 15, 2005,DX179,TSE647
`995,w/certi?ed translation eS62258-62366 [TSE609-647,694
`711,714-721,735-736,749-756,759-760,779-782,784-810,982
`995].
`TIFFE Manual (Japanese Document), Jan. 1996, REFCO0010861
`REFCO0011210, (translation included as cite No. 175).
`Final Detailed Design Document NYMEX Access, May 5, 1992,
`eS0003127-eS0003541.
`The Application Program Interface (API) Reference Manual for
`LIFFE Connect, Release 3.0, Sep. 1998, DDX 159, DTX 159,
`eS00060055-eS00060145.
`The Application Program Interface (API) Reference Manual for
`LIFFE Connect, Release 3.2, Dec. 1998, DDX 161, DTX 161,
`eS00060239-eS00060331.
`The Application Program Interface (API) Reference Manual for
`LIFFE Connect, Release 3.3, Jan. 1999, DDX 162, DTX 162,
`eS00059959-eS00060054.
`The Application Program Interface (API) Reference Manual for
`LIFFE Connect, Release 2.7, Sep. 1998, DDX 163, DTX 163,
`eS00059868-eS00059958.
`OM Click Trade User’s Guide for Windows NT, Oct. 1998,
`eS00064671-eS00064773.
`GLOBEX Members Handbook, Jun. 1992, DX632, DTX632,
`eS006974-eS0069818.
`
`
`
`US 7,676,411 B2
`Page 4
`
`The Complete GLOBEX2 Handbook, May 1998, DX635, DTX635,
`CME-E0010679-0010891.
`The Complete GLOBEX2 Handbook, Jul. 1998, DX637, DTX637,
`CME-E 014048- CME-E 014286.
`MINEX Service Outline User Test/ Orientation, Sep. 1992,
`eS0064647- eS0064670.
`ORC Instructions for Use Version 2.2.8., 1999, eS0064775
`eS0032572.
`Interactive Brokers, “Trade Futures Online with Interactive Bro
`kers”, May 9, 2005, eS0032571- eS0032572.
`Nicholas Economides, “Electronic Call Market Trading”, Journal of
`Portfolio Management, Feb. 1995, eS0069585-eS0069610.
`GL Trading Pad Manual, G0020819-G0020826 (1999).
`TradePad Instuctions (French), G0025748-G0025749 (date unavail
`able).
`TradePad.vsd Document, Feb. 9, 1999, G011169-G0111670.
`Trading pad.doc Document, Jan. 26, 1999, G0111671-G0111672.
`GL WIN et Logiciels complementaires (French), Oct. 1999,
`G009121-G009486.
`GL WIN et Logiciels complementaires (French), Jul. 1999,
`G009875-G010238.
`Memo re: Dual Access Version 4.5 release, Mar. 21, 1999,
`G0022956-G0022959.
`tradepadtxt (French), Mar. 8, 2000, G0025616-G0025618.
`GL Enhancements Software Version 4.11f, Oct. 29, 1998,
`G0060853-G0060854.
`GL Enhancements Update, Jan. 27, 1999, G0101682-G0101688.
`LIFFE Connect Futures Release Note 050399.doc, Mar. 3, 1998,
`G0111402-G0111407.
`TradingPaddoc, Apr. 30, 1999, G0112117-G0112122.
`TradingPadUserManualdoc, Aug. 10, 1999, G0112123-G0112131.
`GL WIN Version 4.51, G0118856-G0118865 (1999).
`GL Trade Presentation (French), Apr. 25, 1999, G0118989
`G0 1 19044.
`LIFFE Connect Futures Functional Technical Issues to Resolve, Apr.
`12, 2007, G0119049-G0119050.
`LIFFE Connect for Equity Options User Guide v4.30, Nov. 1998,
`G0119052-G0119086.
`Member Participation in the Futures Market, Apr. 12, 1999,
`G0119196-G0119197.
`Email from Patricia Gauthier to Sam Page, Jan. 25, 1999, G0119377
`G0 1 19380.
`Functional Enhancements for LIFEE Connect for Futures Project,
`Apr. 12, 1999, G0119718-G0119724.
`Functional Enhancements for LIFEE Connect for Futures Project,
`Apr. 12, 1999, G0119725-G0119745.
`Functional Enhancements for LIFEE Connect for Futures Project,
`Mar. 3, 1999.
`Installation, Market Entry Test, and Technical Dress Rehearsal Sum
`mary, Feb. 23, 1999.
`GL Trade Checklist-Installation Requirements for Futures, Jan.
`1999, G0119795-G0119798.
`Cahier de charges.doc, Feb. 9, 1999, G0111752-G0111758.
`Keyboard example, Feb. 3, 2006, G007308-G007310.
`GL Brochure, G0021652-21658 (date unavailable).
`GL Cost and Services, 1998, G0108876.
`GL Win Summary (French), Jun. 1998, G0091004-G0091046.
`Swiss Exchange SWXiTS User Manual, Dec. 31, 1998, DTX 2215,
`eS0032293-eS0032547.
`Screen No. 100-Order Book & Order Entry 1 (Single View),
`eS060637-eS060639 (pre-1999).
`Globex User Guide, Jan. 1997, DDX 633, DTX 633, eS069819
`eS070081.
`QuickTrade Document and Brochure, G021027-21031 (date
`unavailable).
`LIFFE Connect for Futures User Guide v4.5, Jun. 1999, G0025751
`25806.
`GL Version 4.70 (French Version), Jan. 5, 2000, GO026505-26533.
`GL Version 4.70 (English Version), Jan. 5, 2000, G0020593-20621.
`GL WIN and Related Software Manual, Sep. 11,2000, 1) G0025251
`25615.
`GL WIN and Related Software Manual, 2) G0025942-26267 (date
`unavailable).
`
`GL WIN and Related Software Manual, 3) G010239-10610 (date
`unavailable).
`GL WIN et Logiciels complementaires (French), G0009495-9874
`(date unavailable).
`Internal Product News doc on QuickTrade, G0020468-20471 (date
`unavailable).
`“Introducing the Company: GL Trade” product offerings and slide
`presentation (to Reuters), G0026534-26559 (date unavailable).
`GL Product Lea?et Re: Mosaic, G0022529-22530 (date unavail
`able).
`Thomson Financial lea?et, G0022445-22450 (Sep. 2003).
`LIFFE Connect for Futures lea?et, G0023885-23888 (Jan. 1999).
`TSE Japanese Document, pp. 4-15 (Sep. 1997).
`TSE Japanese Document, pp. 6-15 (Aug. 1998).
`Megumi Miyoshi, Japanese Patent Application No. 2001-564025,
`Apr. 18, 2001.
`“AmaZon.com Catapults Electronic Commerce to Next Level with
`Powerful New Features,” AmaZon.com Press Release, Sep. 23, 1997,
`DTX1034, DeZmelyk000012-13.
`Apple Advertisement, Scienti?c American, Sep. 1984, Scienti?c
`American Inc. NY, NY DeZmelyk000014-33.
`Memo Re: Downloading the Terminal Program, Aug. 18, 2005.
`“Specialist vs Saitori: Market-Making in New York and Tokyo”,
`Richard Lindsay and Ulrike Schaede, DTX 1170, Jul. 8, 1992, Silver
`man000494-Silverman000506.
`“Building for Excellence”, MINEX Brochure, DTX 1153, Silver
`man000330-Silverman000334 (circa 1994).
`Chicago Mercantile Exchange (CME) Brochure, DTX1163, Silver
`man000406-Silverman000407 (circa 1990).
`MEFF Renta Fija Manual, DTX 1165, Oct. 1997, Silverman000410
`Silverman000473.
`O’Hara and Old?eld, “The Microeconomics of Market Making”,
`Journal of Financial and Quanitative Analysis, Dec. 1986, DTX 1169
`Silverman000478-Silverman000493.
`B. Weber, “Information Technology in the Maj or International Finan
`cial Markets”, Apr. 7, 1993, DX 79.
`Terminal Use ManualiWindows NT Version, Tokyo International
`Financial Futures Exchange (TIFFE), 1994, Silverman002552
`Silverman002616, DTX 1226.
`USPTO Press Release, “Electronic Patent Application Records
`Replace Paper Files at Uspto”, DTX 2285, Sep. 19, 2007.
`Memorandum Opinion and Order Re: ’ 132 and ’304 Claim Construc
`tion [425], Oct. 31, 2006.
`Memorandum Opinion and Order Re: TT’s Motion for Clari?cation
`[475], Feb. 21, 2007.
`Memorandum Opinion and Order Re: Non-Infringement [708], Jun.
`20, 2007.
`Memorandum Opinion and Order Re: Motions for Reconsideration
`[875], Aug. 27, 2007.
`Memorandum Opinion and Order Re: “Single Action” Ruling [963],
`Sep. 12,2007.
`Memorandum Opinion and Order Re: Preliminary Injunction [83],
`Feb. 9, 2005.
`Memorandum Opinion and Order Re: eSpeed’ s Motion for Summary
`Judgment of Invalidity Denied [845], Aug. 21, 2007.
`Memorandum Opinion and Order Re: TT’s Motion to Preclude Prior
`Sale Defense Denied [873], Aug. 27, 2007.
`Memorandum Opinion and Order Re: GL ’ s Motion for Reconsidera
`tion Denied [994], Sep. 19, 2007.
`Memorandum Opinion and Order Re: Priority Date [769], Jul. 12,
`2007.
`Memorandum Opinion and Order Re: Priority Date [1013], Sep. 25,
`2007.
`Memorandum Opinion and Order Re: Prior Public Use [835], Aug.
`16, 2007.
`Memorandum Opinion and Order Re: Defendant’s Motion for Judg
`ment as a Matter of Law on Inde?niteness [1141], Jan. 2, 2008.
`Noti?cation of Docket Entry Re: Defendants eSpeed’s Motion for
`Judgment as a Matter of Law on Invalidity is denied [1140], Jan. 3,
`2008.
`Noti?cation of Docket Entry Re: Defendant eSpeed’s Motion for a
`New Trial is denied [1142], Jan. 3, 2008.
`
`
`
`US 7,676,411 B2
`Page 5
`
`Memorandum Opinion and Order Re: Defendant’s Motion for Judg
`ment as a Matter of LaW on Willfulness [1144], Jan. 3, 2008.
`Deposition testimony of Hiroyuki Kida dated May 17, 2007 and May
`18,2007 with DDX 617-624, PDX 519-524 and PDX 531.
`Trial testimony of Hiroyuki Kida dated Sep. 28, 2007 and Oct. 1,
`2007 with DTX 617.
`Deposition testimony of Atsushi Kawashima dated Nov. 21, 2005
`With DDX 178-185.
`Trial testimony of Atsushi Kawashima dated Sep. 26, 2007 With DTX
`183.
`Deposition testimony of Philip Carre dated Jun. 22, 2007, Sep. 6,
`2007 & Sep. 13, 2007 With DDX 384-385; 473;494; 527;537-541;
`592: 593A; 595-598; 605; 626; 629; 719-723; 728-732; 897-898;
`896.
`Deposition testimony of Michael Cartier dated May 9, 2007 With
`DDX 587-588; DDX 592-593A and PDX 498-500.
`Deposition testimony of Cristina Dobson dated May 18, 2007 With
`DDX 625-635; DDX 637; PDX 533 and PDX 535.
`Deposition testimony of Nicholas GarroW dated Jun. 14, 2007 With
`DDX 116 and DDX 592.
`Trial testimony of Nicholas GarroW (via expert Witness) dated Oct. 2,
`2007.
`Deposition testimony of Michael Glista dated Feb. 20, 2007 With
`DDX 382-386.
`Trial testimony of Michael Glista dated Sep. 24, 2007 and Sep. 25,
`2007 With DTX 382-386; DTX 524; DTX 570; DTX 579; DTX 592;
`DTX 3020; DTX 3050; DTX 3057; DTX 3110; PTX 1993; PTX
`2065; PTX 2092; PTX 2094.
`Deposition testimony of Laurent Havard dated Apr. 24-26, 2007,
`May 12, 2007, Jun. 21, 2007 and Sep. 5,2007 With DDX 506; DDX
`508; DDX 517; DDX 539; DDX 551-568; DDX 570-573; DDX 575;
`DDX 603; PDX 462; PDX 464-483; PDX 767-769; PDX 771-774;
`PDX 875-877; PDX 882-888 and PDX 893.
`Trial Testimony of Laurent Havard dated Sep. 21, 2007 With DTX
`384; DTX 520; DTX 561-62; DTX 570; DTX 573; DTX 575; DTX
`593; DTX 750-52; DTX 3011; DTX 3017-18; DTX 3050; PTX 575;
`PTX 2064; PTX 2074; PTX 2077; PTX 2079.
`Deposition testimony of Jean Cedric Jollant dated Apr. 26, 2007 and
`Jun. 13,2007 With DDX 384; DDX 517; DDX 520; DDX 551-568;
`DDX 575-577; PDX 465-483.
`Trial testimony of Jean Cedric Jollant dated Sep. 20, 2007 With DTX
`157; DTX 473; DTX 719; DTX 551-64; DTX 598; DTX 722; DTX
`1903; DTX 3009-10; DTX 3014; DTX 3016-18 DTX 3020; DTX
`3023; DTX 3025; PTX 166; PTX 520; PTX 526; PTX 539; PTX 573;
`PTX 575; PTX 579; PTX 2065.
`Deposition testimony of Marc Lorin dated Sep. 5, 2007 With DDX
`385; DDX 721-722; DDX 730.
`Deposition testimony of Christopher Malo dated May 23, 2007 With
`DDX 524.
`Deposition testimony of Fred Mastro dated May 21, 2007 With DDX
`638; PDX 538; PDX 540-543.
`Trial testimony of Fred Mastro dated Sep. 25, 2007 With DTX 592.
`Deposition testimony of William McHorris dated Apr. 10, 2007 With
`PDX 416-417.
`Deposition testimony of Josephine Sheng dated Jun. 26, 2007 With
`DDX 520; DDX 522; DDX 536; DDX 575; PDX 493; PDX 683
`683a; PDX 775.
`Deposition testimony of Bruno Spada datedApr. 30, 2007 and May 2,
`2007 With DDX 384-385; DDX 519-21; DDX 537-38; DDX 579
`580; DDX 522; DDX 538; PDX 493-495; PDX 519-522.
`Trial testimony of Bruno Spada dated Sep. 24, 2007 With DTX 306;
`DTX 384; DTX 518-522; DTX 524; DTX 575; DTX 579-580; DTX
`593; DTX 626; DTX 628; DTX 646; DTX 1899 DTX 2086; DTX
`3020-3021; DTX 3058-3059; DTX 3061; DTX 3085; PTX 737; PTX
`840; PTX 2083; PTX 2087; PTX 2099; PTX 2101.
`Deposition testimony of Marcel Tchitchiama dated May 10, 2007
`May 11, 2007 with DDX 156-157; DDX 168; DDX 384-85; DDX
`538; DDX 592-93A; DDX 595-98; DDX 602-06; DDX 608-11 DTX
`494; PDX 503; PDX 506; PDX 612.
`Deposition testimony of Neil Treloar dated Jun. 19, 2007 With DDX
`384; DDX 539-39A; DDX 724; DDX 726; PDX 492; PDX 750-752.
`Trial testimony ofNeil Treloar dated Sep. 21, 2007 and Sep. 24, 2007
`With DTX 2040-2042.
`
`Trial testimony of Gerard Varj acques dated Sep. 28, 2007 With PTX
`509-510 and PTX 513.
`Deposition testimony of Amy Watson dated Jun. 12, 2007 With DDX
`626A; DDX 700 and PDX 636.
`Deposition testimony of Barbara WattieZ dated Jun. 16, 2007 With
`DDX 719-723.
`Trial testimony of Barbara WattieZ dated Sep. 28, 2007 With DTX
`592-593A; DTX 597-598; DTX 718-719; DTX 722.
`Deposition testimony of Christopher Buist dated Jun. 22, 2006 With
`PDX 358-364 and DDX 283-284.
`Deposition testimony of Walter Buist dated Jun. 23, 2006 With DDX
`315; PDX 310-315; PDX 365 and PDX 368-370.
`Digital trading facility Weekly operations meeting outline, DX 444,
`DTX 444, CM 006661-CM 006661, May 10, 1999.
`Chart re DSM QA Test Plainiproject plan in progress, DX 432,
`DTX 432, Nov. 4, 1998.
`User interface design speci?cation for WIT capital digital stock mar
`ket, DX 433, DTX 433 CM 008441-CM 008478, Jan. 18, 1999.
`Updated negotiations design to E. Lang from C. Mauro for review
`and approval prior to patent application, DX 434, CM 008410-CM
`008414, DTX 434, Jan. 18, 1999.
`Notes re ?nal additions/revisions, DX 435, CM 007949-CM 007955,
`DTX 435, Apr. 2, 1999.
`Position paper: On-line training and customer acquisition; WIT Capi
`tal DSM product launch and related schedule to E. Lang, DX 436,
`DTX 436, CM 006580-CM 006590, Feb. 22, 1999.
`Meeting outline, DX 428, CM 00750-CM 007501, DTX 428, Sep.
`11, 1998.
`Presentation re WIT Capital Digital stock martket Phase 1 usability
`and customer response testing: Preliminary report of ?ndings, DX
`429, CM 007446-CM 007466, May 1, 2006.
`WIT Capital limit order book to L. Forrest from C. Mauro, DX 425,
`CM 007382-CM 007411, DTX 425, Apr. 20, 1998.
`User Interface Design for display options design, DX 426, CM
`000249-CM 000287, DTX 426, Jul. 8, 1998.
`Letter from EPO to TT Re: Five Recently Filed European Patent
`Oppositions, Feb. 21, 2006.
`Notice of Opposition to a European Patent EP 1319211 B1, Anitra
`Medienprojekte GmbH, Jan. 13, 2006.
`Notice of Opposition to a European Patent by Deutsche Borse AG,
`Jan. 12, 2006.
`Notice of Oppo sition to a European Patent by EccoWare Ltd., Jan. 13,
`2006.
`Notice of Opposition to a European Patent by Rosenthal Collins
`Group LLC, Jan. 12, 2006.
`Notice of Opposition to a European Patent by Tick-It GmBh, Jan. 13,
`2006.
`Declaration of Walter Buist, Exhibit 17, Apr. 26, 2007; With Faxed
`Signature Page.
`Letter from J. Walaski to the EPO Re: Change of Address, Dec. 19,
`2006.
`A. Klein, WallStreet.com- Fat Cat Investing at the Click of a Mouse,
`Chapt. 14 “Finding Gold in Tribeca”, 1998; Exhibit 16.
`A. Klein, WallStreet.com- Fat Cat Investing at the Click of a Mouse,
`Chapt. 14-16, 18,23, 1998; Exhibit 16 (Cont’d).
`Wit Digital Stock Market, User Interface Rev. 9, Exhibit 15 (circa
`1999).
`Opposition Trading Technologies, Inc. Application No. 019201839
`EP 1319211B1, Exhibit 4 (Japanese and English Versions), Sep.
`1997.
`System for Buying and Selling Futures and Options Transaction
`Terminal Operational Guidlines, TSE Business Systems Dept.,
`TSE647-995, eS062297-eS062380 (Apr. 18, 2005).
`Letter from EPO to TT Re: Further European Patent Opposition, Feb.
`23, 2006.
`Letter from EPO to TT Re: Five Recently Filed European Patent
`Oppositions, Feb. 21, 2006.
`Letter from EPO to TT Enclosing European Patent Oppositions, Jan.
`25, 2006.
`Opposition TT, EP 1 319 211 B1, Copy set 1,Annex One- Grounds of
`Opposition, Jan. 19, 2006.
`Deposition Transcript of Atsushi KaWashima, Nov. 21, 2005, Oppo
`sition EP1319 211 B1 Exhibit 3.
`
`
`
`US 7,676,411 B2
`Page 6
`
`The Application Program Interface (API) Reference Manual for
`LIFFE Connect, Sep. 1998, release 3.1, EP 1 319 211 Bl Exhibit 7A,
`eS0060146-eS0060237.
`Deposition Transcript of Paul MacGregor, Nov. 1, 2005, Opposition
`EP1319 211 B1 Exhibit 9A.
`APT Trading Procedures (ATOM Version) of LIFFE, Apr. 3, 2001,
`Opposition EP 1 319 211 Bl Exhibit 9B.
`APTplus Trading Procedures, Dec. 28, 1995, Opposition EP 1 319
`211 B1 Exhibit 9D.
`Iris Investment Support Systems Window Ad, Opposition EP 1 319
`211 B1 Exhibit 10 (Jun. 1999).
`Fig.2 Substitute Sheet (Rule 26), Opposition EP 1 319 211 Bl Exhibit
`13A (Jun. 9, 2000).
`US. Appl. No. 60/186,322, Opposition EP1319 211 B1 Exhibit 138
`(Mar. 2, 2000).
`LIFFE’s New Electronic Trading Platform for Futures, LIFFE 202
`261, Opposition EP 1 319 211 B1 Exhibit 8D (Sep. 24, 1998).
`TIFFE Internet Article, “New On-Screen Trading Terminals”, E2
`(circa 1998).
`System for Buying and Selling Futures and Options Transaction
`Terminal Operational Guidlines, TSE Business Systems Dept,
`TSE00647-810, eS0622977-eS062366, D1(2) (Aug. 1998).
`ORC Instructions for Use, Version 2.2.8., 1999.
`Futures/ Options Trading System Guidlines for Operating the Trading
`Terminals, TSE Business Systems Dept, TSE00628-643, eS062278
`eS062293, D1(3) (Aug. 1998).
`Securities Industries News, “TT Upgrades Software Platform”, Aug.
`28, 2000 (D6).
`Letter to EPO from Karl Barnfather Enclosing Notice of Opposition
`(form 2300.1) and Grounds ofOpposition (Annex 1), Jan. 12, 2006.
`Dow Jones & Reuters Factiva, “Firms Rush to Make LIFFE Connect
`Decision”, Dec. 4, 1998, E6.
`Dow Jones & Reuters Factiva, “Date Broadcasting Partners with
`Alltech Investment to Provide Customers with Online Trading”, Feb.
`25, 1999, E8.
`Trading Pad Document (E3) (Jul. 1999).
`Japanese Document, TSE00609-627, Dec. 1, 2006 (E5), with Trans
`lation.
`
`TT X-Trader Brochure, Dec. 1, 2006 (E7).
`Letter to J. Walanski from EPO Re: Payment, Apr. 20, 2005.
`Letter to J. Walanski from EPO Re: Decision to Grant TT Patent, Mar.
`3, 2005.
`German Document from Tick-It GmbH Filing New European Oppo
`sition, Jan. 14,2006.
`Faxed German Document from Tick-IT GmbH Filing New European
`Opposition, Jan. 13, 2006.
`Annex A to TT’s Reply Brief (Oct. 2006).
`Annex B to TT’s Reply Brief (Oct. 2006).
`Memo Re: Futures/ Options Trading System and Japanese Patent
`Application No. 2001-564025 (Japanese), Aug. 18, 2005.
`Patsystems News Rel. Nov. 6, 2001.
`Court’s ruling on no prior sale (Aug. 27, 2007).
`Memorandum Opinion and Order Re: No prior use (Aug. 16, 2007).
`Memorandum Opinion and Order Re: Inequitable Conduct (May 6,
`2008).
`Memorandum Opinion and Order Re: Court Reaf?rming Priority
`(Sep. 25,2007).
`LIFFE Connect ISV Circular No: 001.99, Jan. 8, 1999, G0119566
`G0 1 19568.
`LIFFE Con