Currenex pushes back in fight to dismiss class-action lawsuit
Defence lawyers mount stubborn defence in civil suit brought by XTX and two other financial firms
Lawyers for foreign exchange trading venue Currenex, its parent State Street and two large market-makers have mounted a staunch defence against antitrust claims brought against them, citing lack of credibility and rumours in the latest phase of the high-profile court case.
The defence has also pushed back against efforts by London-based XTX Markets to get a New York court to deny a motion to dismiss the proposed class-action lawsuit.
They argued in recent court filings that plaintiffs XTX
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