Federal Circuit Affirms Patent-Ineligibility of Claims Directed to Displaying Financial Information on a Known Device
Before Moore, Clevenger, and Wallach. Appeal from the Patent Trial and Appeal Board.
Summary: Claims directed to providing additional trading information on a prior art display, without more, are patent-ineligible under 35 U.S.C. § 101.
IBG and Interactive Brokers petitioned for Covered Business Method (CBM) review of a Trading Technologies (TT) patent directed to providing new or different trading information to traders via a trading screen. The Board held the patent met the statutory definition of a “covered business method” patent and held all claims were patent-ineligible under 35 U.S.C. § 101. TT appealed both issues.
The Federal Circuit agreed that the patent met the definition of a CBM patent because the claims failed to provide a technical solution to a technical problem. In particular, the Federal Circuit held that providing new or different information to traders on a prior art trading screen “focuses on improving the trader, not the functioning of the computer.”
The Federal Circuit also affirmed the claims were patent-ineligible under § 101. Regarding step one of the Alice analysis, the claims were directed to an abstract idea because their “purported advance” was gathering, analyzing, and displaying market information without solving a technological problem. Regarding step two, the claims failed to amount to “significantly more” than an abstract idea because they merely added conventional information to a prior art trading screen.