Finance authority ask institutional investors to refrain from market-destabilizing trading

[ad_1]

Yonhap with this from South Korea:

  • According to the sources, the Financial Services Commission, the Financial Supervisory Service and the finance ministry held a hastily arranged meeting Thursday in Seoul with officials from around 10 major institutional investors.
  • “It was a meeting where we asked for their restraint from excessive trend-following trading and redemption that exceeds ordinary levels,” said an anonymous official

Link to Yonhap is here for more.

[ad_2]

Source link

Post Author: admin

Leave a Reply

Your email address will not be published. Required fields are marked *