08:36 AM EDT, 05/08/2024 (MT Newswires) -- JPMorgan Chase ( JPM ) is limiting its exposure to Segantii Capital Management after the Asian hedge fund was charged with insider trading by Hong Kong authorities, Bloomberg reported late Tuesday, citing people familiar with the matter.

JPMorgan ( JPM ) will not engage with Segantii on new block trades or initial public offerings, the people were quoted as saying.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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