Edmar Financial Company, LLC et al v. Currenex, Inc. et al

Nature of the Supplied Document

The supplied text is a letter from defense counsel to Judge Lewis A. Kaplan. It asks the court to keep certain material under seal or redact it. The text does not contain a ruling by the court on that request.

Background

The defendants—Currenex, Inc., State Street Bank and Trust Company, and State Street Global Markets International Limited—asked that parts of the plaintiffs’ October 5, 2025 reply remain sealed or redacted. The reply concerned the plaintiffs’ motion to compel reopening of four depositions. The letter states that the court had denied that motion on October 7, 2025, but the supplied text does not provide the court’s order on that motion.

Requested Sealing and Redactions

The defendants asked to keep sealed the parts of the reply that quoted or referred to two email exhibits, identified as ECF Nos. 276-16 and 276-17. They also asked the court to redact specified portions—151:2-6, 151:15-20, and 152:8-18—of a deposition-testimony exhibit identified as ECF No. 326-1, while otherwise unsealing that exhibit.

Reasons Asserted by Defendants

The defendants said the email exhibits contained internal communications about State Street’s foreign-exchange trading strategies on the Currenex Platform. They said the deposition exhibit discussed similar trading strategies, a specific price stream, confidential username information, and other commercially sensitive information. They argued that disclosure could harm Currenex’s reputation and the defendants’ competitive standing, and could create security risks for the platform and its clients.

Disposition

No disposition of the sealing or redaction request appears in the supplied text. Accordingly, the text establishes only that the defendants requested the relief; it does not establish that Judge Lewis A. Kaplan granted or denied it.