SECURITIES / DERIVATIVES

Securities / Derivatives

CME Group Receives Approval to Establish New FCM Unit

By Manesh Samtani | 30/10/2024

The approval has raised concerns about potential conflicts of interest that could arise from CME Group having an FCM under the same roof as its market operations.

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.

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.

Capital / Liquidity

PBOC Launches New Facility to Help Manage Banking System Liquidity

By Editors | 29/10/2024

The facility can be used by the PBOC to conduct outright reverse repo transactions with primary dealers in open market operations on a monthly basis.

Securities / Derivatives

Dalian Commodity Exchange Set to Launch Log Futures, Options

By Editors | 29/10/2024

The new contracts will for the first time enable companies in the wood industry chain to hedge against adverse changes in log prices.

Enforcement

Thailand Raises Penalties for Violations by Brokerage Firms

By Nithya Subramanian | 29/10/2024

The new minimum penalty for naked short-selling stands a THB 1 million (USD 30,000), to better reflect the severity of offence.

Crypto / Digital Assets

HK Bank Completes ‘First-of-its-Kind’ Sandbox Test Using Tokenised Deposits

By Sanday Chongo Kabange | 29/10/2024

The simulation covered trading of the tokenised fund unit for its institutional clients and cross-bank settlement using tokenised deposits.

Securities / Derivatives

Regulatory Review Finds Gaps in New Zealand’s DIMS Sector

By Thisanka Siripala | 28/10/2024

The review identified issues with disclosure practices, conflict of interest policies, and liquidity management at some discretionary investment management providers.

Enforcement

US Court Fines Chinese Citizen for Fictitious Sales Scheme

By Mark Johnston | 27/10/2024

Yueyu Bao was fined and banned for orchestrating a series of non-competitive, fictitious trades with his cousin on the Chicago Board of Trade.