Chief Judge Sleet: Terms Construed in Fifth Market

Posted byYoung Conaway StaffPosted inGregory M. Sleet

Last week, in Fifth Market, Inc. v. CME Group, Inc, C.A. No. 08-520-GMS, Chief Judge Sleet issued a claim construction order construing the following terms:

  • price
  • algorithm
  • trader terminal[s]
  • algorithmic . . . orders
  • security instrument
  • equity market[s]
  • negotiating
  • independent variable
  • dependent variable
  • external
  • incoming orders
  • one security [item]
  • which may be used as
  • through the use of the external multiple data sources


Fifth Market (08 530 GMS)

(function() { var scribd = document.createElement(“script”); scribd.type = “text/javascript”; scribd.async = true; scribd.src = “https://www.scribd.com/javascripts/embed_code/inject.js”; var s = document.getElementsByTagName(“script”)[0]; s.parentNode.insertBefore(scribd, s); })();