Finance authority ask institutional investors to refrain from market-destabilizing trading | Forexlive
Yonhap with this from South Korea:
- According to the sources, the Financial Services Commission, the Financial Supervisory Service and the finance ministry held a hastily arranged meeting Thursday in Seoul with officials from around 10 major institutional investors.
- “It was a meeting where we asked for their restraint from excessive trend-following trading and redemption that exceeds ordinary levels,” said an anonymous official
Link to Yonhap is here for more.