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Nasdaq Sues Rival Exchange, Alleging Stolen Tech Secrets; New Worry in ‘Repo’ John Lothian Newsletter,Newsletter

First Read The Patent World By Jim Kharouf We’re back in court today. Nasdaq has filed suit against Miami International, the parent company of MIAX, the youngest of the US options exchange groups. On Friday, Nasdaq announced it had filed suit for patent infringement and stealing Nasdaq secret information by MIAX, which has hired a number of former Nasdaq and International Securities Exchange professionals. In Friday’s top story from Bloomberg, the Nasdaq suit claims that “MIAX instead relied on or piggybacked off of the Nasdaq trade secrets and other technical know-how acquired by former Nasdaq employees during their tenure at…