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Morgan Stanley, BofA lead in Asia equity trading: report

Soaring stock markets, increased volume boosted trading revenue in 2017; MiFID II may affect 2018 performance

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Published Tue, Jan 16, 2018 · 09:50 PM

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MORGAN Stanley and Bank of America Merrill Lynch tied at the top of a ranking of last year's Asian equity trading share, as a surge in market valuations and a rebound in activity boosted brokerages in the region, according to Greenwich Associates.

Citigroup and Credit Suisse tied in third place, while Citic Securities unit CLSA and UBS Group were in fifth spot, according to a report by the US consulting firm.

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