Currenex lawyers ask judge to dismiss class action lawsuit
Case alleging secret priority trading deals brought too late and not based on facts, defence argue
Lawyers for foreign exchange trading venue Currenex, its parent State Street and two other large market-makers, Goldman Sachs and HC Tech, have asked a US judge to dismiss a class action lawsuit accusing the four firms of striking secret priority trading deals. They cite statutes of limitations and argue the claims are not supported by facts.
The alleged offences include fraud, racketeering and conspiracy in violation of anti-trust laws. A key claim is that, starting from at least 2005
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