bloombergytbot on Nostr: Here's your summary from Segantii Fallout Broadens as JPMorgan, Nomura Hit Pause ...
Here's your summary from Segantii Fallout Broadens as JPMorgan, Nomura Hit Pause (https://www.youtube.com/watch?v=gerTFBZ3k-g) on the Bloomberg Television channel:
### TLDR:
Authorities in Hong Kong have charged Segantii Capital, a hedge fund firm, for allegedly crossing legal lines in pursuit of market-moving information, leading to J.P. Morgan and Nomura pausing new business with the firm.
1. Segantii Capital is facing allegations in Hong Kong related to a specific block trade and access to non-public information.
2. J.P. Morgan and Nomura have decided to limit dealings with Segantii, while other banks are considering their options.
3. The world of block trading is under scrutiny globally, with concerns about best practices and potential missteps.
#finance #tradfi #markets #stocks #stockmarket #bloomberg #macro
### TLDR:
Authorities in Hong Kong have charged Segantii Capital, a hedge fund firm, for allegedly crossing legal lines in pursuit of market-moving information, leading to J.P. Morgan and Nomura pausing new business with the firm.
1. Segantii Capital is facing allegations in Hong Kong related to a specific block trade and access to non-public information.
2. J.P. Morgan and Nomura have decided to limit dealings with Segantii, while other banks are considering their options.
3. The world of block trading is under scrutiny globally, with concerns about best practices and potential missteps.
#finance #tradfi #markets #stocks #stockmarket #bloomberg #macro