Plaintiff

CQG, Inc.

5 cases as plaintiff.

Cases
5
Active
0
5 closed
Filed
2016
Top venue
PTAB
1 case
Also appears as a defendant in 1 case → View as defendant

Company profile

CQG, Inc. — commonly "CQG" — is a Denver, Colorado–based financial technology provider founded in 1980 by Tim Mather, with headquarters at 1999 Broadway, Suite 1550. It also operates as CQG, LLC (formerly CQGT, LLC) for its core trading business. Ownership changed hands after a senior-management buyout led by CEO Ryan Moroney in the early 2020s; Broadridge Financial Solutions (NYSE: BR) announced an agreement to acquire CQG on February 6, 2026, and closed the transaction on May 1, 2026, making CQG part of Broadridge's trading and connectivity business. PitchBook lists roughly 367 employees; CB Insights and other trackers place it in the 201–500 employee band. Detailed revenue figures are not reliably disclosed.

CQG is an operating company, not a patent-holding shell. It supplies market data, order routing/execution, risk management, and technical-analysis software to futures brokers, commercial hedgers, proprietary traders, exchanges, and liquidity providers. Product lines include the CQG Integrated Client, CQG QTrader, CQG Desktop, CQG One, CQG FX, DOMTrader, spreadsheet and API/enterprise solutions, and a consolidated market-data feed spanning futures, options, FX, fixed income, and equities from roughly 85 sources. It provides direct market access to more than 45 exchanges and serves clients in over 60 countries.

Its litigation posture is that of an operating company defending against an NPE while also petitioning to invalidate the asserted patents. It was the sole defendant named in the tracked district court case, Chart Trading Development, LLC v. CQG, Inc. (E.D. Tex., Tyler Division, filed December 3, 2015, No. 6:15-cv-01133) — the plaintiff-friendly Eastern District of Texas. CQG's five tracked "plaintiff" appearances are all AIA post-grant challenges at the PTAB, filed jointly with Interactive Brokers and others.

Those proceedings include the covered business method reviews CBM2016-00046, -00047, and -00048 (filed March 18, 2016, against U.S. Patents 7,890,416; 8,041,626; and 8,060,435), consolidated with Interactive Brokers' CBM2016-00038 and -00039 (filed February 19, 2016, covering 7,113,190 and 8,380,611). All reached final written decisions in 2017. Unified Patents classifies patent owner Chart Trading Development as an NPE/PAE; filings in the consolidated EDTX cases alleged it was created to insulate its corporate owner from discovery. The patents concern graphical trading interfaces and order entry — CQG's core technology.

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CQG, Inc. et al. v. Chart Trading Development, LLC

final written decision; claims invalidated
Docket:
CBM2016-00046
Filed:
2016-03-18
Terminated:
2017-09-01
Patents:7890416
π CQG, Inc.π CQG, LLC (f/k/a CQGT, LLC)π Interactive Brokers LLCπ TradeStation Group, Inc.π TradeStation Securities, Inc.π TradeStation Technologies, Inc.Δ Chart Trading Development, LLC

Covered business method review of U.S. Patent No. 7,890,416 brought by CQG, Inc. and other petitioners against patent owner Chart Trading Development, LLC. The PTAB instituted review on September 13, 2016, and issued a final written decision on September 1, 2017, invalidating the claims.

CQG, Inc. et al. v. Chart Trading Development, LLC

Final Written Decision
Docket:
CBM2016-00047
Filed:
2016-03-18
Terminated:
2017-09-01
Patents:8041626
π CQG, Inc.π CQG, LLCπ Interactive Brokers LLCΔ Chart Trading Development, LLC

Covered Business Method review petition filed by CQG, Inc., CQG, LLC, and Interactive Brokers LLC against Chart Trading Development, LLC, challenging U.S. Patent No. 8,041,626 under 35 U.S.C. §§ 101, 102, and 103. The PTAB instituted review and issued a Final Written Decision on September 1, 2017.

CQG, Inc. v. Chart Trading Development, LLC

Final Written Decision
Docket:
CBM2016-00048
Filed:
2016-03-18
Terminated:
2017-09-01
Patents:8060435
π CQG, Inc.Δ Chart Trading Development, LLC

CQG, Inc. petitioned for Covered Business Method review of U.S. Patent 8,060,435 owned by Chart Trading Development, LLC. The PTAB instituted review on September 12, 2016, and issued a Final Written Decision on September 1, 2017. The Board's institution decision noted that CQG was sued for infringement of the '435 patent.

Interactive Brokers LLC et al. v. Chart Trading Development, LLC

final written decision; all claims unpatentable; affirmed on appeal
Docket:
CBM2016-00038
Filed:
2016-02-19
Terminated:
2017-08-18
Patents:7113190
π Interactive Brokers LLCπ CQG, Inc.π CQG, LLC (f/k/a CQGT, LLC)π NinjaTrader Group, LLCπ NinjaTrader, LLCπ TradeStation Group, Inc.π TradeStation Securities, Inc.π TradeStation Technologies, Inc.Δ Chart Trading Development, LLC

Covered Business Method review petition challenging all claims of U.S. Patent No. 7,113,190. Instituted August 23, 2016; final written decision August 18, 2017 held all challenged claims unpatentable under 35 U.S.C. § 101 and § 103(a) and denied Patent Owner's motion to amend.

Interactive Brokers LLC et al. v. Chart Trading Development, LLC

final written decision; claims unpatentable
Docket:
CBM2016-00039
Filed:
2016-02-19
Terminated:
2017-08-18
Patents:8380611
π Interactive Brokers LLCπ CQG, Inc.π CQG, LLCπ NinjaTrader Group, LLCπ NinjaTrader, LLCπ TradeStation Group, Inc.π TradeStation Securities, Inc.π TradeStation Technologies, Inc.Δ Chart Trading Development, LLC

Covered business method review of U.S. Patent No. 8,380,611. The Board instituted review of claims 1-22 and issued a Final Written Decision on August 18, 2017, holding all claims unpatentable under 35 U.S.C. §§ 101 and 103(a); the contingent motion to amend was denied.