MARKET INFRASTRUCTURE

Securities / Derivatives

HKEX to Allow Market Makers in Opening, Closing Sessions

By Editors | 31/10/2024

Market makers will be able to participate in the pre-opening and closing auction sessions for ETFs and leveraged and inverse products starting 1 November.

Big Picture

ICMA Publishes Guide to Australian Repo Markets

By Editors | 31/10/2024

The Australian repo market has growth 75% from 2021 to mid-2024, driven by increased market participants, wider collateral use, and more active dealer trading.

Securities / Derivatives

French, German Banks to Extend Dealings With Indian CCPs

By Editors | 31/10/2024

At the same time, French and German regulators have asked their banks to consider alternate arrangements with local lenders.

Market Infrastructure

HKEX to Open Office in Saudi Arabia Next Year

By Sanday Chongo Kabange | 31/10/2024

The SFC separately published guidance explaining how Hong Kong asset managers can offer their funds in the Saudi Arabian market.

Crypto / Digital Assets

BOCHK Becomes First Bank to Use mBridge to Automate Remittances

By Sanday Chongo Kabange | 30/10/2024

BOCHK says it has completed the first fully automated cross-border remittance via mBridge and will continue to do so for selected corporate customers.

Market Infrastructure

SFC, Exchanges See Blockchain as New Capital Market Backbone

By Georgina Lee | 30/10/2024

Hong Kong now looking at commercialising tokenised instruments to help address the pain points of the traditional financial market, said the SFC’s Elizabeth Wong.

Fintech / Regtech

HKMA Launches New Platform to Boost Fintech Collaboration

By Sanday Chongo Kabange | 30/10/2024

The “Fintech Connect” platform will help banks discover innovative solutions developed and offered by fintech solution providers.

Securities / Derivatives

NYSE to Extend US Equities Trading to 22 Hours a Day

By Editors | 30/10/2024

All US listed stocks, ETFs and closed-end funds would be available for trading on NYSE Arca during the 22-hour weekday sessions.

Crypto / Digital Assets

BIS and APAC Central Banks Release Results of Project Mandala

By Sanday Chongo Kabange | 29/10/2024

Project Mandala demonstrated that jurisdiction-specific regulatory requirements can be embedded in cross-border transaction protocols.