Market Infrastructure

Market Infrastructure

ION Brings Traders Back Online Following Ransomware Attack

By Editors | 09/02/2023

Exchanges are reporting business as usual, though ION is said to be rebuilding its systems. Cybersecurity firm Crowdstrike will validate.

Market Infrastructure

RBI to Permit Borrowing and Lending of Government Bonds

By Manesh Samtani | 09/02/2023

The RBI also decided to restore pre-pandemic market hours for G-secs and release new guidelines on climate risk and sustainable finance “in a phased manner”.

Securities / Derivatives

NYSE to Reimburse 60pc of Claims from January Trading Halts

By Editors | 08/02/2023

NYSE clients have been told that losses will be covered for orders posted or routed to NYSE. Loss-making trades triggered on other venues will not be covered.

Market Infrastructure

South Korea to Start Opening Up Domestic FX Market

By Manesh Samtani | 08/02/2023

In 2024, the interbank FX market will be opened to offshore financial firms that become certified as ‘registered foreign institutions’.

Market Infrastructure

BI Starts Publishing Compounded IndONIA and IndONIA Index

By Editors | 06/02/2023

The publication of Compounded IndONIA and IndONIA Index is aimed at encouraging greater use of IndONIA in financial products.

Crypto / Digital Assets

Indonesia OJK Launches Five Year Capital Market Roadmap

By Editors | 06/02/2023

The roadmap has five pillars, each comprising several action plans. Separate rules will be established for digital assets with the characteristics of securities.

Market Infrastructure

OECD Issues Guidance on Implementing Global Minimum Tax

By Editors | 06/02/2023

The guidance aims to help governments implement the 15% global minimum corporate tax in a consistent manner and reduce compliance costs for companies.

Market Infrastructure

China Launches Market Making for Exchange Bond Market

By Editors | 06/02/2023

The CSRC said market-making will help reduce liquidity premiums and issuance costs while also improving pricing efficiency in the exchange bond market.

Market Infrastructure

KRX Outlines Key Strategies to Boost Market Appeal in 2023

By Editors | 06/02/2023

The strategies include allowing night-time derivatives trading, a change to the dividend system, new derivatives product launches, and a new market for digital securities.