SECURITIES / DERIVATIVES

Market Infrastructure

Hong Kong to Start Trading During Typhoons from 23 Sep

By Sanday Chongo Kabange | 19/06/2024

Special arrangements will be available to smaller and mid-sized brokers. HKMA said banks stand ready to fulfill clearing and settlement obligations.

Securities / Derivatives

Korea to Conduct Final Trials for Extended FX Trading Hours

By Editors | 19/06/2024

As of 1 July, onshore dollar-won trading will close at 2am, compared to 3.30pm currently. Final tests will be carried out this week.

Enforcement

CFTC Settles Charges Against Trafigura for $55m

By Manesh Samtani | 18/06/2024

This is the first time the CFTC has taken action against a firm for impeding whistleblower communications, a move being criticised by two commissioners.

Capital / Liquidity

UBS to Repay Investors for Credit Suisse’s Greensill Losses

By Editors | 18/06/2024

UBS is offering to repay investors who lost money in Credit Suisse funds as a result of Greensill Capital’s bankruptcy in 2021.

Enforcement

SFC Bans Ex-Licensee for Creating False Product Flashes

By Sanday Chongo Kabange | 18/06/2024

The former director of Primas Asset Management is banned for 12 months for creating and sending false product flashes to a client.

Market Infrastructure

CHESS Replacement Project Currently on Track: ASX

By Sanday Chongo Kabange | 18/06/2024

The CHESS Replacement project is currently expected to deliver to the plan announced in November last year.

Securities / Derivatives

PASLA to Expand Footprint to Australia, New Zealand

By Editors | 18/06/2024

PASLA will work with the Australian Securities Lending Association to finalise an agreement within Q4 2024.

Fintech / Regtech

Indonesia Stock Exchange to Upgrade Trading Platform

By Editors | 18/06/2024

IDX also announced that it will enhance its market surveillance capabilities and further develop its index business.

Market Infrastructure

Hong Kong Seeks Further Derivatives Market Development

By Sanday Chongo Kabange | 17/06/2024

Plans include “high-liquidity products” and cross-boundary commodities trading. Preparations for Mainland treasury bond futures are at the “final stage”.