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.