This is the country that once awarded a Texan company a patent on Basmati rice; closer to the financial world, Cantor Fitzgerald’s eSpeed subsidiary bought the Wagner Patent covering electronic trading and used it to get some money out of various US exchanges. I always thought this was odd, because Europe had been trading electronically for years before this. Anyway, Icap has agreed to acquire the transactions division of Ocean Tomo for $10 million.
“Patent brokerage is an exciting new field that will help to provide a marketplace and access to liquidity for an asset that has historically not been served by a vibrant trading market.
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