Edmar Financial Company, LLC et al v. Currenex, Inc. et al
This text of Edmar Financial Company, LLC et al v. Currenex, Inc. et al (Edmar Financial Company, LLC et al v. Currenex, Inc. et al) is published on Counsel Stack Legal Research, covering District Court, S.D. New York primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Opinion
ASS 1.2L UV UOOIJOMLANINTTIV MULUINICII ZOO loie □□ | FAYE Lt OI
quinn emanuel tial tawyers | new york 295 sth Avenue, New York, New York 10016-7103 | TEL (212) 849-7000 FAX (212) 849-7100 | U 7 WRITER’S DIRECT DIAL NO. \poc : (212) 849-7345 ICALLY FILED | ELECT RONI WRITER’S EMAIL ADDRESS { DOC #: | danbrockett@quinnemanuel.com DATE FILED: y z September 15, 2025 a By ECF Honorable Lewis A. Kaplan United States District Judge Southern District of New York Daniel Patrick Moynihan United States Courthouse 500 Pearl Street Court Room 21B New York, NY 10007-1312 Re: Edmar Financial Company, LLC et al v. Currenex, Inc. et al, Case No. 21-cv-06598 Plaintiffs’ Response to Defendants’ Letter Motion to Seal Motion to Compel and Exhibits Dear Judge Kaplan: On behalf of Plaintiffs, we respectfully submit this response to request certain exhibits and the relevant portions of Defendants’ motion to compel (the “Motion”) remain under seal. See ECF Nos. 228 (sealing letter), 229 (Motion referencing under-seal Exhibits), 229-1, 229-2, and 229-3 (the “Exhibits” at issue). We designated the Exhibits as “Highly Confidential” pursuant to the Court’s Protective Order, ECF No. 113, because they include “material regarding trading and investment strategies” of Plaintiff XTX Markets Limited. Courts “routinely permit parties to seal or redact commercially sensitive information in order to protect confidential business and financial information.” Jn re B&C KB Holding GmbH, 2023 WL 2021299, at *1 (S.D.N.Y. Feb. 14, 2023) (collecting cases). Protected information can include specific details about trades or trading activity. See, e.g., In re Tether & Bitfinex Crypto Asset Litig., 2024 WL 3520363, at *21 (S.D.N.Y. July 24, 2024) (accepting redactions of trading details). Such issues can outweigh the presumption in favor of public access to judicial documents. See, e.g., Lugosch v. Pyramid Co. of Onondaga, 435 F.3d 110, 119-20 (2d Cir. 2006). Here, the Exhibits discuss some of the processes and factors that XTX uses and considers when deciding what trading platforms to trade on, and their subsequent trading activity. The person providing testimony in the Exhibits is XTX’s Global Head of Distribution. XTX’s business is quinn emanuel urquhart & sullivan, Ip LOS ANGELES | NEW YORK | SAN FRANCISCO | SILICON VALLEY | CHICAGO | WASHINGTON, DC | HOUSTON [{ SEATTLE LONDON | TOKYO | MANNHEIM {| MOSCOW | HAMBURG | PARIS | MUNICH | SYDNEY | HONG KONG | BRUSSELS | ZURICH
Waot LoL UV UUVIZOTLAFAINGT □□□ MVULCULTHCIIN swild cure
built on keeping its trading decisions secret. Thus, what he testified to regarding XTX deciding where to trade, and how to trade, is commercially sensitive. For all the reasons set forth above, the Court should order that the Exhibit and references in Defendants’ Opposition remain sealed. Respectfully submitted, /s/ Daniel L. Brockett Daniel L. Brockett cc: Counsel of Record
— eRe
Free access — add to your briefcase to read the full text and ask questions with AI
Related
Cite This Page — Counsel Stack
Edmar Financial Company, LLC et al v. Currenex, Inc. et al, Counsel Stack Legal Research, https://law.counselstack.com/opinion/edmar-financial-company-llc-et-al-v-currenex-inc-et-al-nysd-2025.