A U.S. Patent and Trademark Office tribunal refused to review two currency trading patents that Gain Capital Holdings Inc. has been accused of infringing.
The Patent Trial and Appeal Board said it wasn’t convinced that the online trading platform operator was likely to show the Oanda Corp. patents are invalid. Gain Capital argued the patents’ claims are directed to nothing more than an abstract idea.
Oanda’s U.S. Patent Nos. 8,392,311 and 7,146,336 were challenged in the covered business method review program at the PTAB. The program, which was designed for financial patents, expired in September. Gain Capital’s challenges were filed ...
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