Securities / Derivatives

NYSE to Extend US Equities Trading to 22 Hours a Day

30/10/2024

All US listed stocks, ETFs and closed-end funds would be available for trading on NYSE Arca during the 22-hour weekday sessions.

Capital / Liquidity

PBOC Launches New Facility to Help Manage Banking System Liquidity

29/10/2024

The facility can be used by the PBOC to conduct outright reverse repo transactions with primary dealers in open market operations on a monthly basis.

Securities / Derivatives

Dalian Commodity Exchange Set to Launch Log Futures, Options

29/10/2024

The new contracts will for the first time enable companies in the wood industry chain to hedge against adverse changes in log prices.

Crypto / Digital Assets

HKEX to Launch Virtual Asset Index Series on 15 November

28/10/2024

HKEX said the index series will provide pricing benchmarks for Bitcoin and Ether in the Asian time zone which can be used for the settlement of financial products.

Sanctions

Russia’s State Duma Ratifies Defence Treaty with North Korea

27/10/2024

The ratification comes as the US confirmed South Korean intelligence that thousands of North Korean troops have been deployed to Russia for training.

ESG / Sustainability

China Issues New Quota Allocation Plan for National Carbon Market

26/10/2024

The move is expected to increase the free allowances power plants can obtain and potentially cool a rally that has sent allowance prices to record levels.

Market Infrastructure

HSBC Hong Kong Becomes Direct Participant of China’s CIPS

26/10/2024

The move will make it easier for overseas companies to trade and invest using the Chinese currency by making yuan payments faster and cheaper.

Crypto / Digital Assets

Japan: JVCEA Becomes Self-Regulatory Body for Stablecoins

26/10/2024

The FSA has recognised the JVCEA as the self-regulatory body for stablecoins and fund transfer businesses, on top of its existing focus on crypto exchanges and crypto-related derivatives trading firms.

Sanctions

DOJ Can Prosecute State-Owned Turkish Bank, Court Rules

25/10/2024

Halkbank was accused in 2019 of helping Iran to evade US sanctions, but the possibility of legal immunity surrounding the case has been ongoing until now.