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Applicants are required to contribute 10percentt of the total project cost in the form of cash equity.
But he also brokered a number of cash equity trades for Mr. Kerviel last autumn that generated unusually large commissions.
The deal seeks to combine the strengths of the Tokyo exchange, which dominates the cash equity market in Japan, with those of Osaka, which focuses on derivatives trading.
Yin Ke, vice chairman of Citic Securities, said: "Since we are in the same business, cash equity, we speak the same professional language.
The two exchanges appear to be a good match: Tokyo dominates the cash equity market in Japan, while Osaka specializes in derivatives trading.
A male broker from the bank's cash equity trading department was taken in for questioning for up to 48 hours, she said.
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He is head of global cash equities at UBS in London.
The nationalized bank also said it was seeking buyers for its cash equities, corporate brokerage and equity capital markets businesses.
One of the areas Winton has been building up, he said, is the firm's cash equities business.
However, while a number of our cash equities businesses are performing well, the expansion into full service agency cash equities in Europe and Asia has failed to match up to our expectations.
As part of the continuing cost-cutting, the bank said it was seeking buyers for its cash equities, corporate brokerage, equity capital markets and mergers and acquisitions businesses.
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