SGX, Macquarie find nothing wrong
Macquarie's market-making spreads and minimum quote sizes in HSI warrants in line with term sheets: SGX
Singapore
THE Singapore Exchange and Macquarie Capital Securities (Singapore) Pte Ltd (MCSSPL) have found nothing amiss after investigating a recent complaint by a group of professional traders about MCSSPL's market-making for its Hang Seng Index (HSI) structured warrants.
SGX's senior vice-president and head of securities Jenny Chiam said on Monday that "during the period in question, Macquarie's market-making spreads and minimum quote sizes in HSI warrants are in line with the product terms as stated in its publicly available term sheets".
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