Competition Commission And Bank of America Merrill Lynch International Ltd; BNP Paribas; JP Morgan Chase and Co; JP Morgan Chase Bank N.A; Australia and New Zealand Banking Group Ltd; Standard New York Securities Inc.; Investec Ltd; Standard Bank of South Africa Ltd; Nomura International PLC; Credit Suisse Group; Commerzbank AG; Macquaire Bank Ltd; HSBC Bank PLC; ABSA Bank Ltd

Case number: CR212Feb17/SEP133Jul17
Case parties: Applicant: Competition Commission
Respondent: Standard Bank South Africa Ltd (Eighth)
Respondent: Macquarie Bank Ltd (Eleventh)
Respondent: Standard New York Securities Inc (Fifth)
Respondent: Bank of America Merrill Lynch International Ltd (First)
Respondent: Australia and New Zealand Banking Group Ltd (Fourth)
Respondent: Credit Suisse Group (Ninth)
Respondent: BNP Paribas (Second)
Respondent: Investec Ltd (Seventh)
Respondent: Nomura International PLC (Sixth)
Respondent: Commerzbank AG (Tenth)
Respondent: JP Morgan Chase and Co (Third)
Respondent: HSBC Bank PLC (Twelfth)
Case type: Interlocutory Application
Procedural matter: Separation of Issues
Case status: Order Issued No Reasons
Outcome: Granted
Order date: 2017-09-05
Sector: Financial and insurance activities
Industry: Security and commodity contracts brokerage
Relevant market: Market for spot trades in relation to USD/ZAR pair trading
Competition Tribunal Members: Norman Manoim, Yasmin Carrim, Medi Mokuena

Case Files

Order 56,8KB
Order 81,8KB