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Trueex, LLC et al v. Markitserv Limited et al
Case Number:
1:17-cv-03400
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October 18, 2017
MarkitServ Settles Swap Trading Monopoly Suit
Interest rate swap trading company MarkitServ Ltd. has settled allegations it has a monopoly on the processing service industry brought by financial technology company TrueEx LLC, according to a filing in New York federal court Tuesday.
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October 06, 2017
Judge Sits Out Discovery Row In MarkitSERV Suit, For Now
MarkitSERV Ltd. and the financial technology company accusing it of monopolizing the market for interest rate swap trade processing services have been told by a New York federal judge that they should take some more time to work out their discovery dispute over trading data before he’ll intervene.
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October 04, 2017
MarkitServ Wants Withheld Data In Antitrust Suit
Financial technology company TrueEx LLC, which has accused interest rate swap trading company MarkitServ Ltd. of having a monopoly on the processing service industry, is impeding experts' time to analyze data by not cooperating with document requests, MarkitServ argued in New York federal court on Tuesday.
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July 19, 2017
Fintech Co. Wins Court-Ordered Access To Swap Servicer
Financial technology firm trueEX LLC won a preliminary injunction on Tuesday from a New York federal court granting it access to the interest rate swap trading network of MarkitSERV Ltd. while an antitrust lawsuit between the pair plays out.
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June 06, 2017
Fintech Co. Seeks Court-Ordered Access To Swap Servicer
Counsel for financial technology firm TrueEX LLC sought court-ordered access Tuesday to the interest rate swap trading network of MarkitSERV while an antitrust lawsuit between the pair plays out, saying TrueEX's business has been threatened by MarkitSERV's desire to maintain its monopoly status.
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May 26, 2017
Interest Rate Swap Trader Says Exchange OK On Its Own
Interest rate swap trader MarkitSERV Ltd. urged a New York federal court Friday to refuse online exchange TrueEX LLC a preliminary injunction to force MarkitSERV to continue their relationship, likening TrueEX's dire prediction of its closure to Chicken Little's "proclaiming that the sky is falling."
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May 08, 2017
Fintech Co. Accuses Interest Rate Swap Servicer Of Monopoly
Financial technology firm TrueEX LLC sued interest rate swap trading company MarkitSERV on Monday, accusing it of maintaining a monopoly over the market for trade processing services in efforts to shut out TrueEx as a competitor, according to a complaint filed in New York federal court.