Plaintiff

CQG, LLC (f/k/a CQGT, LLC)

2 cases as plaintiff.

Cases
2
Active
0
2 closed
Filed
2016
Top venue
PTAB
1 case

Company profile

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CQG, Inc. / CQG, LLC (f/k/a CQGT, LLC) — Founded in 1980 by Tim Mather and headquartered at 1999 Broadway, Denver, Colorado, with major business operations in Chicago and sales/support offices in New York, London, Frankfurt, Tokyo, Sydney, Singapore, Shanghai and Kyiv. CQG was founder-owned until a management buyout led by CEO Ryan Moroney completed in late 2023. On May 1, 2026, Broadridge Financial Solutions, Inc. (NYSE: BR) completed its acquisition of CQG, making CQG a subsidiary of a public company. A current standalone employee count or revenue figure was not verified from a primary source.

Operations. CQG is an operating company that builds electronic trading technology for futures, options, fixed income, FX and equities. Its offerings include the CQG Integrated Client and CQG Trader front ends, DOMTrader order-entry, charting and technical-analysis toolkits, server-side order aggregation, algorithmic and spread trading, the CQG M HTML5 mobile platform, CQG FX for cash FX, and the Continuum division providing API/enterprise market-data and order-routing infrastructure. It routes to more than 45 exchanges and serves FCMs, brokers, exchanges, commercial hedgers, proprietary trading firms, CTAs and hedge funds.

Litigation posture. CQG is an operating company defending against patent assertion, not an NPE. Both tracked matters are PTAB covered business method reviews in which CQG appears as a petitioner (labeled "plaintiff" in the case data): CBM2016-00046, -00047 and -00048, filed March 18, 2016 against Chart Trading Development, LLC, and the related CBM2016-00038 filed February 19, 2016 alongside Interactive Brokers, TradeStation and IBG. These were defensive responses to Chart Trading Development's December 2015 suits against CQG and peers in the Eastern District of Texas (e.g., 6:15-cv-01133).

Context. The challenged patents (7,890,416; 8,041,626; 8,060,435; 7,113,190; 8,380,611) are "Systems and Methods for Providing a Trading Interface" GUI patents. Chart Trading Development is a Texas-based, privately held licensing entity reportedly linked to BGC Partners with roughly a dozen patents. The PTAB found all challenged claims unpatentable, with final written decisions in September 2017.

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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

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.

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

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.