Market Infrastructure

OSE, TOCOM Launch New Derivatives Trading System

20/09/2021

J-GATE 3.0 will help to expand market liquidity and improve reliability and convenience for investors and trading participants.

Securities / Derivatives

Montréal Exchange Extends Trading Hours to Accommodate APAC

20/09/2021

The Canadian derivatives exchange said it is syncing its trading hours with APAC markets to support growing investor demand.

Securities / Derivatives

CSRC Drafts Disclosure Rules for SMEs on New Beijing Exchange

20/09/2021

The proposed rules sets requirements on disclosure content and format to ensure the effectiveness and readability of information disclosures SMEs on the BSE.

Market Infrastructure

BSP Instructs Banks to Proactively Transition from LIBOR

20/09/2021

The BSP is not looking to prescribe specific alternative reference rates for use by Philippine banks, saying these choices should be market-driven.

Capital / Liquidity

India Authorises Sovereign Guarantee for New ‘Bad Bank’

20/09/2021

India’s new National Asset Reconstruction Company will acquire stressed assets through the issuance of tradeable security receipts guaranteed by the government.

PBOC Injects Liquidity Amid Fears of Evergrande Default

19/09/2021

Evergrande is being called China’s Lehman, as a default by the company could spill into numerous industries. Interest payments on two notes come due this week.

Securities / Derivatives

US Fed to Review Ethics Rules Following Disclosures by Officials

19/09/2021

Financial disclosures filed by senior Fed officials showed multiple stock trades in 2020 worth millions of dollars, raising concerns over conflicts of interest.

Market Infrastructure

HKMA Names Market Makers for Southbound Bond Connect

18/09/2021

The designated market makers were selected based on several criteria, including their Hong Kong bond market activities and their counterparty networks with Mainland FIs.

Securities / Derivatives

CSRC Forms Inter-agency Group to Rein in Capital Market Crime

18/09/2021

The group will enhance coordination between the central and local government agencies to better enforce against and punish capital markets misconduct.