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HSBC shifting derivatives trades to HK as HQ decision looms: sources

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Moving trades to Hong Kong involves changing a trading contract so that the bank's client has the HSBC Hong Kong entity as its counterparty.

Hong Kong

HSBC has begun shifting billions of dollars worth of derivatives trades from London to Hong Kong to take advantage of the city's favourable funding and regulatory environment, and to help position itself for a potential relocation of its headquarters, sources with direct

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