Edmar Financial Company, LLC et al v. Currenex, Inc. et al
- Lewis Kaplan
- 1:21-cv-06598
- U.S. District Court · Southern District of New York
- 3
In Edmar Financial v. Currenex, Defendants asked to seal discovery materials; the supplied text shows no ruling, and Judge Kaplan’s action is unclear.
The filing concerns the defendants Currenex, Inc., State Street Bank and Trust Company, and State Street Global Markets International Limited; the requested sealing also involved information connected to Goldman Sachs & Co., LLC, HC Technologies, LLC, and witnesses identified in the filing.
What happened
Edmar Financial Company, LLC and other plaintiffs are involved in a case against Currenex, Inc. and other defendants. The supplied document is a defense filing connected to the plaintiffs’ request for additional source code, brokerage-fee information, and trading-volume information.
The defendants asked to file under seal deposition excerpts, portions of their opposition, and parts of an email exchange. They said the materials contained confidential testimony, documents, and information about trading-stream identifiers. They argued that disclosure could harm State Street Bank, Currenex, and others by revealing trading activity or undermining the platform’s anonymity.
The supplied text does not show a court ruling on the sealing request. It is a letter addressed to Judge Kaplan, and it does not state that the request was granted, denied, or otherwise resolved.
The detailed version
- Edmar Financial Company, LLC et al v. Currenex, Inc. et al · No. 1:21-cv-06598
- Lewis Kaplan
- Sept. 29, 2025
Nature of the filing
The supplied text is a letter motion from defendants Currenex, Inc., State Street Bank and Trust Company, and State Street Global Markets International Limited. The letter concerns materials submitted with the defendants’ opposition to the plaintiffs’ motion to compel additional source code and brokerage-fee and trading-volume information from Currenex.
Request to seal
The defendants asked for permission to file under seal three deposition-transcript exhibits, portions of their opposition that discuss those exhibits, and portions of an email exchange. The letter says the materials included information designated as “Confidential” or “Highly Confidential” under a protective order entered in the case.
The letter identifies deposition testimony from State Street Bank’s corporate representative, Goldman Sachs & Co., LLC’s corporate representative, and other witnesses. It also says that parts of the email exchange discussed confidential deposition testimony and documents produced by Currenex during discovery.
Reasons asserted for sealing
The defendants argued that some materials revealed specific stream identifiers associated with State Street Bank on the Currenex platform. They said disclosure could reveal State Street Bank’s past trading, interfere with anonymous trading in the future, and cause competitive harm. They also argued that Currenex had an interest in protecting the anonymity of stream identifiers because disclosure could reduce client trust and cause business or reputational harm.
The letter states that Goldman consented to public filing of one exhibit but asked that portions of another exhibit concerning a witness remain sealed. It also states that HC Technologies, LLC requested that portions concerning another witness’s testimony remain sealed.
Procedural status
The filing says the defendants submitted a public version with proposed redactions and unredacted versions under seal for the court’s review. The supplied text does not include an order or other statement resolving the request. It therefore does not establish whether Judge Kaplan granted, denied, or modified the sealing request.
Read the full 3-page opinion on CourtListener, the free public archive maintained by the Free Law Project.