Morgan Stanley Capital Services LLC, associated with HKBN Ltd., disclosed internal dealings involving derivatives. On July 18, 2025, the firm facilitated unsolicited client transactions, purchasing and selling 2,500 derivatives maturing on July 24, 2028. Additionally, 3,500 derivatives were bought and sold, maturing on November 30, 2026. Another 6,000 derivatives were traded with a maturity date of November 28, 2025. These transactions were conducted for Morgan Stanley's own account.
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