United Kingdom Intellectual Property Office Decisions
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URL: http://www.bailii.org/uk/cases/UKIntelP/2021/o04521.html
Cite as: [2021] UKIntelP o04521, [2021] UKIntelP o4521
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Patent decision
- BL number
- O/045/21
- Concerning rights in
- GB1505456.2
- Hearing Officer
- Miss J Pullen
- Decision date
- 15 January 2021
- Person(s) or Company(s) involved
- Renaissance Technologies LLC
- Provisions discussed
- Section 1(2)
- Keywords
- Excluded fields (refused)
- Related Decisions
- None
Summary
The invention relates to a computer-based financial trading system and method capable of executing time synchronized trades in multiple exchanges. The system includes a plurality of servers co-located at the financial exchanges and a trading server. The trading server sends multiple financial trade instructions containing orders and an execution time to each of the co-located servers to be submitted to the financial exchange at the execution time whereby the orders are received at the exchanges substantially simultaneously.
The Hearing Officer applied the Aerotel/Macrossan four step test, considered the AT&T/CVON signposts and found that the contribution fell within the excluded categories of a business method and a computer program as such. The application was refused under section 18(3).
Full decisionO/045/21 
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