Asian local currency bond trading portal, Bonds in Asia is facing extinction thanks to the intransigence of one of its shareholders. The bond trading platform stopped trading yesterday, and many traders have been wondering what is going on.
The Hong Kong regulator, the HKMA is also said to be wondering what has happened to the Hong Kong based company that as recently as March had 15% of the local bond market turnover. With Hong Kong scarcely able to...