On Thursday, March 1st, the American stock exchange Nasdaq filed a patent patent infringement lawsuit against electronic-based trading platform provider IEX Group in the District of New Jersey. Nasdaq is seeking enhanced damages for willful infringement of a series of patents covering auction and order processing as well as other technologies. Nasdaq alleges the patents and technologies were known to the founders of IEX, who themselves were former Nasdaq employees. Continue reading “Nasdaq files patent infringement lawsuit against trading platform provider IEX Group”