Market Infrastructure

Market Infrastructure

JPX Forms Committee to Investigate TSE System Failure

By Editors | 06/10/2020

The TSE said a failure occurred in a memory module of an Arrowhead shared disk device, where operations did not switch over to a secondary device due to a device setting.

Securities / Derivatives

HKEX Set to Adopt Enhancements to Pre-opening Session

By Editors | 06/10/2020

The POS enhancements, finalised in December, involve the adoption of features from the closing auction session, with the aim of improving price discovery and trading liquidity.

Market Infrastructure

EU Antitrust Objections Expected Over LSEG-Refinitiv Deal

By Manesh Samtani | 05/10/2020

EU regulators are said to have antitrust concerns over LSEG’s proposed acquisition of Refivitiv. A Singapore consultation covering similar concerns is closing soon.

Market Infrastructure

ISDA Receives Positive Business Review Letter from DOJ

By Manesh Samtani | 05/10/2020

The letter brings ISDA a step closer to publishing a supplement and related protocol that will make IBOR fallbacks in derivatives a reality.

ESG / Sustainability

IFRS Foundation Consults on Role in Global Sustainability Standards

By Editors | 02/10/2020

One possible option is for the IFRS Foundation to establish a new sustainability standards board, operating alongside the IASB, focusing initially on climate-related matters.

Fintech / Regtech

ACCC Concludes Refinitiv-LSEG Merger Review

By Editors | 02/10/2020

The ACCC examined horizontal overlaps and vertical relationships between LSEG and Refinitiv, as well as potential competition issues, and is not opposed to the transaction.

Market Infrastructure

SWIFT Developing Low-Value Cross-Border Payments Service

By Editors | 02/10/2020

The new initiative will improve the payments experience for consumers and SMEs, making them faster, more transparent, easier and competitively priced.

ESG / Sustainability

HKMA Pushes Forward Green & Sustainable Banking Initiatives

By Manesh Samtani | 01/10/2020

A pilot climate stress testing exercise involving Hong Kong banks will commence early next year. A local green taxonomy is under development.

Market Infrastructure

CHESS Replacement ‘Critical’ to Manage Systemic Risk: RBA

By Editors | 01/10/2020

Replacing CHESS with more modern technology is critical to ASX’s ongoing management of systemic risk, said RBA assistant governor Michele Bullock.