{"id":8235,"date":"2012-11-15T01:10:38","date_gmt":"2012-11-15T07:10:38","guid":{"rendered":"http:\/\/bucktownbell.com\/?p=8235"},"modified":"2012-11-15T01:13:12","modified_gmt":"2012-11-15T07:13:12","slug":"chicago-options-market-goes-nuclear-files-525-million-patent-suit","status":"publish","type":"post","link":"http:\/\/bucktownbell.com\/?p=8235","title":{"rendered":"Chicago options market goes nuclear, files $525 million patent suit"},"content":{"rendered":"<blockquote><p>However, a few key financial institutions have embraced patents enthusiastically. This week, the\u00a0Chicago Board Options Exchange has taken finance-patent wars to a new level. CBOE filed a lawsuit against a competing options exchange, International Securities Exchange (ISE), demanding $525 million for the infringement of three patents: US Patent Nos.\u00a0<a href=\"http:\/\/www.google.com\/patents\/US7356498\">7,356,498<\/a>,\u00a0<a href=\"http:\/\/www.google.com\/patents\/US7980457\">7,980,457<\/a> and\u00a0<a href=\"http:\/\/patft.uspto.gov\/netacgi\/nph-Parser?Sect1=PTO2&amp;Sect2=HITOFF&amp;p=1&amp;u=%2Fnetahtml%2FPTO%2Fsearch-bool.html&amp;r=1&amp;f=G&amp;l=50&amp;co1=AND&amp;d=PTXT&amp;s1=8,266,044&amp;OS=8,266,044&amp;RS=8,266,044\">8,266,044<\/a>. The board asked for the first patent in 1999, at the height of the patent-everything craze, and the patents were issued between 2008 and 2011.<\/p><\/blockquote>\n<p>via <a href=\"http:\/\/arstechnica.com\/tech-policy\/2012\/11\/chicago-options-market-goes-nuclear-files-525-million-patent-suit\/\">Chicago options market goes nuclear, files $525 million patent suit | Ars Technica<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>However, a few key financial institutions have embraced patents enthusiastically. This week, the\u00a0Chicago Board Options Exchange has taken finance-patent wars to a new level. CBOE filed a lawsuit against a competing options exchange, International Securities Exchange (ISE), demanding $525 million &hellip; <a href=\"http:\/\/bucktownbell.com\/?p=8235\">Continue reading <span class=\"meta-nav\">&rarr;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[33],"tags":[976,372,741,47],"class_list":["post-8235","post","type-post","status-publish","format-standard","hentry","category-ip","tag-business-methods","tag-chicago","tag-finance","tag-monopolistic-practices"],"_links":{"self":[{"href":"http:\/\/bucktownbell.com\/index.php?rest_route=\/wp\/v2\/posts\/8235","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/bucktownbell.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/bucktownbell.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/bucktownbell.com\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"http:\/\/bucktownbell.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=8235"}],"version-history":[{"count":2,"href":"http:\/\/bucktownbell.com\/index.php?rest_route=\/wp\/v2\/posts\/8235\/revisions"}],"predecessor-version":[{"id":8237,"href":"http:\/\/bucktownbell.com\/index.php?rest_route=\/wp\/v2\/posts\/8235\/revisions\/8237"}],"wp:attachment":[{"href":"http:\/\/bucktownbell.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=8235"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/bucktownbell.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=8235"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/bucktownbell.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=8235"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}