Opt in or opt out: an FX class action decision worth millions

- By Rebekah Tunstead
- 02 Sep 2021

Tweet
Facebook
LinkedIn
Save this article
Send to
Print this page

A UK judicial body must decide whether or not to allow a US-style class action case on alleged manipulation of foreign exchange trades to continue, in a decision that could mean the difference of millions of pounds in potential damages, if the case proceeds at all.

Barclays, Citi, JP Morgan, NatWest Markets, Royal Bank of Scotland and UBS are accused of manipulating spot FX transactions between 2007 and 2013.

If the Competition Appeal Tribunal rules the case will move forward, it must decide

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact customer services - www.fx-markets.com/static/contact-us, or view our subscription options here: https://subscriptions.fx-markets.com/subscribe

You are currently unable to print this content. Please contact customer services - www.fx-markets.com/static/contact-us to find out more.

You are currently unable to copy this content. Please contact info@fx-markets.com to find out more.

As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (point 2.4), printing is limited to a single copy.

If you would like to purchase additional rights please email info@fx-markets.com

You may share this content using our article tools. As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (clause 2.4), an Authorised User may only make one copy of the materials for their own personal use. You must also comply with the restrictions in clause 2.5.

If you would like to purchase additional rights please email info@fx-markets.com