Abstract
Bishopscourt (BS) Ltd (formerly known as Barings Securities Ltd, BSL) was an indirect subsidiary of Barings plc (the English holding company of the Barings group). BSL and its subsidiaries carried out agency and own account futures and securities trading. Barings Futures Singapore Pte Ltd (BFS), a Singapore incorporated company which traded on the Singapore International Monetary Exchange (SIMEX), was in turn an indirect subsidiary of BSL, and, therefore, of Barings plc too.
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