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Lloyd's Law Reporter

MAREX FINANCIAL LTD V CREATIVE FINANCE LTD AND ANOTHER

[2013] EWHC 2155 (Comm), Queen's Bench Division, Commercial Court, Mr Justice Field, 25 July 2013

Financial services - Currency trading ??A?A? Duty owed in closing out positions

The defendant currency traders' positions in Japanese yen had closed out following the earthquake and tsunami in March 2011. This was a claim for money allegedly owed by them to the claimant, Marex, a foreign exchange broker.

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