Trading Technologies International (TT) has reached a settlement agreement with Refco, resolving a lawsuit over infringement of TT's MD Trader patents pending before the U.S. District Court of Northern Illinois. In the consent judgment, Refco will pay a $350,000 settlement to TT for infringing on two TT patents. This settlement releases Refco and its customers of any past liability for infringement of these patents according to the decision.


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