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United Kingdom Intellectual Property Office Decisions
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Chicago Mercantile Exchange, Inc. (Patent) [2005] UKIntelP o05205 (9 March 2005)
URL: http://www.bailii.org/uk/cases/UKIntelP/2005/o05205.html
Cite as:
[2005] UKIntelP o5205,
[2005] UKIntelP o05205
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Chicago Mercantile Exchange, Inc. [2005] UKIntelP o05205 (9 March 2005)
For the whole decision click here: o05205
Patent decision
- BL number
- O/052/05
- Concerning rights in
- GB0312325.4
- Hearing Officer
- Mr P Thorpe
- Decision date
- 9 March 2005
- Person(s) or Company(s) involved
- Chicago Mercantile Exchange, Inc.
- Provisions discussed
- PA Section 1(2)(c)
- Keywords
- Excluded fields (refused)
- Related Decisions
- None
Summary
The application relates to a computer implemented method of trading derivatives. The applicant argued that the use of a network managing station to match up potential buyers and sellers reduced the amount of data communicated in the system. This was claimed to be a technical solution to a technical problem. Also argued that providing direct communication between the parties rather than routing communications through a server of a central exchange also provided a technical contribution.
Held that the implementation did not involve any technical contribution and that therefore the application was excluded from patentability as a method of doing business and as a program for a computer as such.