XTX joins Currenex class-action lawsuit

Non-bank LP claims rival HC Tech could see every order submitted to the platform


XTX Markets has joined a class-action lawsuit accusing foreign exchange trading platform Currenex of having long-running secret priority arrangements with several liquidity providers (LPs), as well as granting admin-level access to high-frequency trading firm HC Technologies.

The non-bank market-maker is seeking to become a co-lead class plaintiff in the case, according to an amended civil complaint filed in January at the Southern District Court of New York. It is the highest-profile firm to

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