Defendant

TradeStation Technologies, Inc.

1 case as defendant.

Cases
1
Active
1
0 closed
Filed
2015
Top venue
E.D. Texas Tyler
1 case
Also appears as a plaintiff in 3 cases → View as plaintiff

Company profile

I'll research TradeStation to verify its profile.

Let me verify the ownership timeline and the litigation context.

TradeStation Technologies, Inc. (formerly Omega Research, Inc., founded 1982) is the technology and intellectual-property subsidiary of TradeStation Group, Inc., headquartered in Plantation, Florida, with additional offices in Richardson, Texas. TradeStation Group was Nasdaq-listed (TRAD) until June 2011, when Monex Group, Inc. (Tokyo Stock Exchange: 8698) acquired it for roughly $402 million and delisted it. TradeStation Technologies is therefore a subsidiary of a Japanese public parent. Entity-level headcount and revenue are not disclosed; third-party estimates for the TradeStation group range widely (roughly 500–1,400 employees; ~$100M–$400M revenue) and are unverified.

Products / services. TradeStation Technologies develops and licenses strategy-trading software and subscription tools and owns the group's intellectual property. The wider group operates the multi-asset TradeStation electronic trading platform for equities, options, futures and forex, offering order execution, market scanning, strategy back-testing and automation via its EasyLanguage language. Brokerage/execution sits in TradeStation Securities, Inc. (a self-clearing broker-dealer and futures commission merchant), TradeStation Forex, Inc. and TradeStation Prime Services, Inc.; portfolio-testing software Portfolio Maestro was acquired from RINA Technologies in 2010. TradeStation 9.5 is a named platform version.

Patent-litigation posture. This is an operating company, overwhelmingly on the defensive side of NPE suits. Of four tracked matters, one is a defense: Chart Trading Development, LLC v. TradeStation Group, Inc. et al., filed December 3, 2015 in the plaintiff-friendly Eastern District of Texas, Tyler Division. The other three are PTAB covered-business-method petitions in which TradeStation appears as a co-petitioner alongside other brokers, not as a standalone filer.

Notable cases/context. CTD — described in filings as a non-practicing entity — asserted trading-interface patents (the '611, '190, '416, '626 and '435 patents) against roughly 32 defendants, accusing the TradeStation 9.5 platform. TradeStation joined CQG and Interactive Brokers in 2016 CBM petitions; the district court stayed the Texas case pending CBM review. Defendants argued CTD was created to insulate its corporate owner, the BGC Group, from discovery.

Chart Trading Development, LLC v. TradeStation Group, Inc. et al.

closed (lead consolidated case; stayed pending CBM)
Docket:
6:15-cv-01136
Filed:
2015-12-03

Chart Trading Development, LLC filed this action in the Eastern District of Texas, Tyler Division, on December 3, 2015, against TradeStation Group, Inc. and related entities. It became the lead consolidated case for four actions, was stayed pending CBM review, and closed around 2017 without a merits trial after the PTAB invalidated the asserted claims.