Market Infrastructure

Securities / Derivatives

HKEX Enhances Clearing Arrangement for Stock, Options Trades

By Manesh Samtani | 24/06/2024

Exchange participants that are not also clearing participants can now appoint more than one general clearing participant for stock and options trades.

Securities / Derivatives

Korea Issues Best Execution Guidelines for Securities Firms

By Manesh Samtani | 23/06/2024

The guidelines are intended to help securities firms understand how they should allocate customer orders once the new ATS market is launched in March 2025.

Market Infrastructure

HKEX to Introduce Measures to Boost Stock Connect – Report

By Sanday Chongo Kabange | 21/06/2024

New chair Carlson Tong said HKEX will introduce more measures to boost market turnover and new listings.

Market Infrastructure

SEBI Issues Framework for System Audits of Clearing Members

By Ajoy K Das | 20/06/2024

System audits should encompass “all the IT resources” of professional clearing members to identify any “major or minor non-compliances”.

Market Infrastructure

KRX Forms Task Force to Improve Preparedness for Market Outage

By Manesh Samtani | 20/06/2024

The task force was formed in response to the technical issue that occurred earlier this month at the NYSE, which caused stock prices to drop unexpectedly.

Market Infrastructure

CSRC Unveils New Measures to Enhance Shanghai STAR Market

By Editors | 20/06/2024

The CSRC will explore the introduction of STAR 50 index futures and options, establish “green channels” for M&A, and optimise market-maker and trading mechanisms, among other measures.

Crypto / Digital Assets

EBA Delivers Final Batch of MiCA Technical Standards

By Manesh Samtani | 19/06/2024

14 technical standards and 3 guidelines have been finalised and published, completing EBA’s delivery of technical standards under the MiCA regime.

Securities / Derivatives

NZX Proposes to Relax Market Maker Eligibility Requirements

By Editors | 19/06/2024

NZX proposes to allow non-trading participants to become designated market makers to support increased liquidity and market efficiency.

Market Infrastructure

Hong Kong to Start Trading During Typhoons from 23 Sep

By Sanday Chongo Kabange | 19/06/2024

Special arrangements will be available to smaller and mid-sized brokers. HKMA said banks stand ready to fulfill clearing and settlement obligations.