United States:
MIAX Keeps Stocking Up The Wins Against Nasdaq In Fintech Patent Battle
29 October 2019
Reed Smith
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Within two weeks, Miami International Holding Inc. and its
subsidiaries (MIAX) have attained five victories before
the Patent Trial and Appeal Board (PTAB) of the U.S. Patent and
Trademark Office.
The PTAB declared that five Nasdaq patents (U.S. Patent Nos.
6,618,707, 7,246,093, 7,921,051, 7,747,506, and 8,386,371), related
to electronic securities trading systems, are invalid under 35
U.S.C. section 101. Section 101 defines patent-eligible subject
matter. MIAX awaits the PTAB's decision on an additional patent
(U.S. Patent No. 7,933,827) challenged by MIAX.
To read more about this Fintech patent battle and how it impacts
the FinTech industry, visit our FinTech blog.
This article is presented for informational purposes only
and is not intended to constitute legal advice.
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