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CMS Forex Faces Patent Suit Over Trading Software

Online foreign exchange brokerage CMS Forex has been hit with a suit claiming that its VT Trader 2.0 software infringes a pair of patents for technology that automatically resizes images to fit into an end-user’s device, LAW360 reports. Seattle-based Broadband Graphics LLC filed suit against CMS, also known as Capital Market Services LLC, on Wednesday […]

CFTC halts another Forex ponzi scheme

CMA Capital Management and owner Claudio Aliaga ran a $4.5 million Ponzi scheme, the Commodity Futures Trading Commission claims in Federal Court. It sued Claudio Aliaga and his unregistered company, CMA Capital Management, of Miami Lakes. Aliaga, of Davie, Fla., promised to pay returns of 2 to 3 percent per month, but used new money […]

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Online foreign exchange brokerage CMS Forex has been hit with a suit claiming that its VT Trader 2.0 software infringes a pair of patents for technology that automatically resizes images to fit into an end-user’s device, LAW360 reports.

Seattle-based Broadband Graphics LLC filed suit against CMS, also known as Capital Market Services LLC, on Wednesday in the U.S. District Court for the Eastern District of Washington. More details on LAW360 website.

CMS Forex’s VT Trader is a neat forex trading platform which unfortunately didn’t gain the recognition I thought it was worth of.

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