litigation
confidence high
sentiment neutral
materiality 0.55
Network-1 subsidiary HFT Solutions files patent suit against Optiver US over FPGA trading patents
NETWORK-1 TECHNOLOGIES, INC.
- HFT Solutions sued Optiver US LLC and Optiver Trading US LLC in W.D. Texas.
- Asserted three U.S. patents (10,931,286, 11,128,305, 11,575,381) covering FPGA-based low-latency trading.
- HFT patent portfolio, acquired March 2022, now includes 11 issued U.S. patents and 2 pending applications.
- Patents relate to clock domain management providing nanosecond latency gains in HFT systems.
- Portfolio terms expected to extend until 2040; available for licensing to market makers and prop traders.