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; Standard Charted Bank; Credit Suisse Group; Commerzbank AG; Macquaire Bank Ltd; HSBC Bank PLC; Citibank N.A; ABSA Bank Ltd; Barclays Capital Inc; Barclays Bank PLC; HSBC Bank USA, National Association Inc; Merrill Lynch Peirce Fenner and Smith Inc; Bank of America, N.A; Credit Suisse Securities (USA) LLC
Case Number
CR212Feb17/OTH270Jan18
Case type
Interlocutory Application
Procedural matter
Other Procedural Matter
Case status
Reasons Issued
Outcome
Partly Granted
Order date
12-06-2019
Industry
Security and commodity contracts brokerage
Relevant market
Market for spot trades in relation to USD/ZAR pair trading
Sector
Financial and insurance activities
Case Name
CC And Bank of America and Others
Applicant
Competition Commission
Respondent
BNP Paribas, Citibank N.A, ABSA Bank Ltd, Barclays Capital Inc., Standard Bank of South Africa Ltd, Standard Charted Bank, Macquaire Bank Ltd, HSBC Bank PLC, Bank of America, N.A., JP Morgan Chase and Co, Credit Suisse Group, HSBC Bank USA, National Association Inc., Merrill Lynch Pierce Fenner and Smith Inc., Bank of America Merrill Lynch International Ltd, JP Morgan Chase Bank N.A, Australia and New Zealand Banking Group Ltd, Standard New York Securities Inc., Investec Limited, Nomura International PLC, Commerzbank AG, Barclays Bank PLC, Investec Bank Limited, Credit Suisse Securities (USA) LLC