MARKET INFRASTRUCTURE

Market Infrastructure

CSRC Consults on Draft Rules for Hosted Facilities for Trading

By Editors | 27/04/2023

Securities and futures exchanges must ensure fairness and reasonableness in terms of latency, resource allocation and guarantees, and service agreements, among other areas.

Market Infrastructure

Cboe Global Markets Unveils New 1-Day Volatility Index

By Manesh Samtani | 27/04/2023

The VIX1D measures the expected “current trading day” volatility of the S&P 500 Index, whereas the existing VIX Index reflects expected volatility 30 days out.

Fintech / Regtech

HKMA, PBOC Explore Use of CBDC for Cross-border Payments

By Editors | 26/04/2023

HKMA deputy chief Darryl Chan said there is scope to expand the Wealth Management Connect scheme and use CDI data for cross-border finance.

Market Infrastructure

ARRC Allows Expanded Use of Term SOFR for Hedging

By Editors | 25/04/2023

Market participants can use Term SOFR in basis swap transactions even if they are not a direct party to a Term SOFR cash exposure.

Market Infrastructure

Macau Exchange Signs Cooperative Agreement with LuxSE

By Editors | 25/04/2023

Under the agreement, MOX-listed securities can be admitted for listing and trading on LuxSE’s exchange-regulated market, the Euro MTF.

Market Infrastructure

Stock Connect Trading Calendar Enhancements Take Effect

By Editors | 25/04/2023

The enhancements will add about 10 trading days to northbound and southbound Stock Connect each year.

Crypto / Digital Assets

FIX Protocol Adopts Digital Token Identifier ISO Standard

By Editors | 24/04/2023

Adding the DTI to FIX will allow the industry to incorporate the trading and settlement of digital assets into their current trading and settlement operations.

ESG / Sustainability

FSB Identifies Growing Use of Climate Metrics in Compensation

By Editors | 24/04/2023

The inclusion of climate-related metrics in compensation frameworks is at an “early, evolutionary stage” and is focused on executive and senior management.

ESG / Sustainability

Singapore, China Deepen Collaboration on Green Finance

By Editors | 24/04/2023

MAS-PBOC green finance taskforce will work on taxonomy interoperability, the sustainability bond market, and digital green bonds.