MARKET INFRASTRUCTURE

Market Infrastructure

PBOC Promises Better Business Environment for Foreign Firms

By Editors | 20/09/2023

PBOC governor Pan Gongsheng said China will continue to open up its market for global businesses and create a more business friendly environment.

Crypto / Digital Assets

Major FMIs to Collaborate on Digital Assets Development

By Editors | 20/09/2023

DTCC, Clearstream and Euroclear will work to improve standardisation and interoperability in the industry, focusing on real-money assets.

ESG / Sustainability

Indonesia to Launch Carbon Exchange Next Week

By Editors | 19/09/2023

IDX will be the operator of the new carbon exchange. OJK said the launch will mark a “new chapter” in Indonesia’s efforts to reduce GHG emissions.

Market Infrastructure

NZX Consults On Introduction of Exchange-delivered Dark Pool

By Sanday Chongo Kabange | 14/09/2023

‘NZX Dark’ will provide an alternative venue for investors to execute large transactions with anonymity and price improvement.

Market Infrastructure

Bloomberg Issues Consultation on Potential Cessation of BSBY

By Manesh Samtani | 14/09/2023

In July, IOSCO effectively declared BSBY non-compliant. The administrator is now seeking feedback on whether to stop publishing the rate.

Fintech / Regtech

US SEC Grants Nasdaq Approval to Launch AI-Powered Order Type

By Sanday Chongo Kabange | 14/09/2023

The order type enhances liquidity, execution quality improvement outcomes, and fill rates by adjusting dynamically to real-time market conditions.

Market Infrastructure

Myanmar to Start Accepting Russian Mir Cards Next Month – Report

By Mark Johnston | 13/09/2023

Mir cards, established by the Central Bank of Russia, will be used in Myanmar as part of the military junta’s efforts to stabilise the kyat.

Crypto / Digital Assets

MUFG Tokenisation Platform Elevated to National Infrastructure in Japan

By Manesh Samtani | 13/09/2023

Progmat Inc will be jointly owned by JPX and seven other companies including the major Japanese banks, and work to advance the development of the country’s digital asset market.

Market Infrastructure

CME, DTCC Receive Approval for Cross-Margining Arrangement

By Editors | 13/09/2023

The arrangement will enable capital efficiencies for clearing members that trade and clear both US Treasury securities and CME Group interest rate futures.