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Mumbai, Sept. 18 The Bombay Stock Exchange (BSE) has said that there were no settlement obligations against US investment banking firm Lehman Brothers’ Indian subsidiary Lehman Brothers Securities Pvt Ltd (LBSPL) and it shall continue to operate in the cash market segment as a trader-cum-clearing member.

“There are no outstanding open positions/settlement obligations of LBSPL currently in the cash market segment. The member shall continue to operate in the cash market segment on pre-pay-in before their trades,” said a BSE statement.

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