Segantii Allegations Roil a Go-To Block Trader Simon Sadler for Global Banks – Bloomberg

Last week, authorities thrust Segantii into the global spotlight, accusing the firm, one of its veteran traders and Sadler himself of crossing a legal line in the pursuit of market-moving information and profits. Hong Kong’s Securities and Futures Commission criminally charged all three with insider trading tied to a block trade in 2017.

Across the financial world, the allegations are raising questions about how the firm operates, how banks and clients might react and how far the probe might reach.

Source: Segantii Allegations Roil a Go-To Block Trader Simon Sadler for Global Banks – Bloomberg