BNP Paribas Picks Instinet as Equity-Trading Platform for Asia

  • Outsourcing deal is part of global effort to reduce costs
  • Hong Kong regulator fined BNP for breaching dark-pool rules

BNP Paribas SA has chosen electronic brokerage Instinet Inc. to handle its Asian cash equities trading as France’s largest lender seeks to cut costs in its investment bank.

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