Brumfield defends his patent protection policy

Harris Brumfield, chief executive of US software developer Trading Technologies, has denied his policy of suing rivals was stifling innovation in the derivatives sector.

His claim followed last week's settlement by the company of its latest lawsuit with Patsystems, a UK software group, over alleged patent infringement.

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JPMorgan to Pay $330 Million Over 1MDB TransactionsExternal link

JPMorgan to Pay $330 Million Over 1MDB Transactions