Does Applicants’ claim—“a method of hedging risk in the field of commodities trading”—meet the eligibility requirement set forth in 35 U.S.C. § 101?
“Because the applicable test to determine whether a claim is drawn to a patent-eligible process under § 101 is the machine-or-transformation test set forth by the Supreme Court and clarified herein, and Applicants’ claim here plainly fails that test, the decision of the Board [to reject Applicants’ claims] is affirmed.”
