Morgan Stanley discloses derivatives dealings in Bright Smart Securities

Morgan Stanley & Co. International plc disclosed multiple dealings in shares of Bright Smart Securities & Commodities Group Limited on September 3, 2025. These transactions, made for its own account, involved unsolicited client facilitation through derivatives.

The disclosed dealings included several sales of other types of products referencing Bright Smart Securities. Notable sales involved 20,000 units with a maturity date of October 31, 2025, at a reference price of $11.8034, totaling $236,068. Additionally, two separate sales of 26,000 units each, maturing on March 22, 2027, were executed at $11.5000, each totaling $299,000. A larger sale of 146,000 units, maturing on January 30, 2026, also occurred at $11.5000, amounting to $1,679,000.

The disclosure also detailed several purchases of other types of products. These included 2,000 units maturing on March 22, 2027, at $11.8669 for a total of $23,733.80; 8,000 units maturing on February 10, 2027, at $11.8600 for $94,880; 14,000 units maturing on January 30, 2026, at $11.8213 for $165,497.99; and 18,000 units maturing on March 22, 2027, at $11.8175 for $212,715.70. All transactions resulted in a resultant balance of zero, indicating they were closed positions.