Axiom Investment Advisors, LLC ex rel. Gildor Management, LLC v. Deutsche Bank AG

ORDER AND OPINION

LORNA G. SCHOFIELD, District Judge:

This putative class action arises out of Defendant Deutsche Bank AG’s (“Deutsche Bank”) alleged practice of delaying execution of electronically matched trade orders in the foreign exchange (“FX”) market in order to take advantage of how the market moved in the interim—a practice known as “Last Look.” Plaintiffs Axiom Investment Advisors, LLC and Axiom Investment Company, LLC, by and through their Trustee Gildor Management, LLC (collectively “Axiom”), assert claims against Deutsche Bank for breach of contract, breach of the implied covenant…