The SBP on Wednesday allowed The Bank of Tokyo-Mitsubishi UFJ, Ltd to conduct derivatives business (FX Options only) as Non-Market Maker Financial Institution (NMI), says DMMD Circular No 05. It may be pointed out that six banks including Citibank, Deutsche Bank, Faysal Bank Limited, HBL, Standard Chartered Bank (Pakistan) Limited and UBL were already allowed to conduct financial derivatives business as Authorised Derivatives Dealers (ADDs) in Pakistan.