MUFG Morgan Stanley Credit Solutions Co. was recently launched by Mitsubishi UFJ Financial Group (MUFG) and Mitsubishi UFJ Morgan Stanley Securities Co. (MUMSS), in an effort to offer unique credit solutions to meet the changing financing needs of Japan, officials say. MUFG Morgan Stanley Credit Solutions Co., a subsidiary of MUFG and MUMSS, will serve… Read More >>
MUFG Subsidiary Hit with Spoofing Fines & Penalties
Mitsubishi UFJ Morgan Stanley Securities Co., Ltd. (MUMSS) has been fined and penalized on charges that it used spoofing tactics while engaging in the proprietary trading of Japanese government bond futures, which it will have to suspend from Oct. 9 to Oct 11 as a disciplinary measure. The actions were taken by the Osaka Exchange… Read More >>
FlexTrade, SmartStream Take On MiFID II
FlexTrade Integrates SmartStream RDU for MiFID II FlexTrade and SmartStream report the integration of SmartStream’s reference data utility (RDU) with FlexTrade’s execution management system (EMS). The integration “offers mutual clients the ability to embed SmartStream RDU’s Systematic Internaliser (SI) registry information directly into the send order ticket, providing … clarity on counterparty SI status, prior… Read More >>