Shares & Derivatives
Lyxor’s market making mechanism failed during Japan’s crisis
By Wilfred Ling, The IFA on Duty  •  March 24, 2011
Société Générale, parent bank of Lyxor and the sole official market maker for the London Stock Exchange’s listing of Lyxor Japan TOPIX , had failed to post bid and offer prices for the fund not only for most of Tuesday morning, but also for the majority of the time since Japan’s earthquake and subsequent tsunami struck in the early morning......
Read the full article
By Wilfred Ling, The IFA on Duty
Wilfred Ling is a Chartered Financial Consultant with Promiseland Independent Pte Ltd. He is a fee-based financial planner by profession.
LEAVE A COMMENT
LEAVE A COMMENT

Your email address will not be published.

*

Your Email Address will not be published
*

Read More Articles
More from thefinance