I entered a business deal with another trader. We designed an automated trading system to trade the futures market. Without my knowledge he has now sold this idea to one of the big prop firms in Chicago or NYC and cut me out. I do not know any more details than this but would like to track down who purchased this and start court proceedings.
I hear that there is a board or forum at the CBOT where firms share information on technology they are buying, so that one person cannot sell the same idea to several of the funds and rip people off.
If anyone knows how I could start the process of tracking down this deal I would be most appreciative.
Yes, but proving it will be difficult.
You need to gather as much information as possible about the fact that this is your system, you will definitely need proof that you are a victim of the situation and this is really your development. There is no other way…
This is bad news, I think you should definitely consult a lawyer who will tell you what you can do in this situation to confirm the authorship of this project and get your money accordingly. I wish you success in this.
It is a pity that you found yourself in this situation, because it is not fair and very offensive. And your situation will serve as an example for other people to check all the conditions of cooperation and to avoid such a situation…