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Dark pool operators under scrutiny in Hong Kong: will it impact private banks?

Following the departure of BNP Paribas Securities (Asia)’s dark liquidity pool and regulators proposal to ban retail investors trading on dark pool platforms, heads at private banks are beginning to asses the impact, if any, on the wealth management industry. “The tightened regulation will not impact private banks directly,” says one Hong Kong-based private banking head. “The platforms are too opaque…

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