Securities / Derivatives

Securities / Derivatives

Shanghai Bourse Launches First Benchmark Tracking ‘Marine Economy’

By Sanday Chongo Kabange | 25/07/2024

The China Marine Economy Stock Price Index tracks 213 companies marine-related companies listed in Shanghai, Shenzhen, Beijing and Hong Kong.

Securities / Derivatives

MAS Proposes Simplified Leverage Requirements for REITs

By Nithya Subramanian | 25/07/2024

MAS has proposed a minimum ICR threshold of 1.5 times, applicable to all REITs, and an aggregate leverage limit of 50 percent.

Securities / Derivatives

India Hikes Taxes on Equity Investment Gains, Derivatives Trades

By Ajoy K Das | 25/07/2024

The national budget increases capital gains tax for equity investments and the transaction tax for futures and options. The tax on long term bond gains was reduced.

Enforcement

Kakao’s Billionaire Founder Arrested in South Korea

By Editors | 24/07/2024

Kim Beom-su was arrested on allegations that he played a role in manipulating the stock price of K-pop agency SM Entertainment last year.

Fintech / Regtech

HKMA Publishes RegTech Bulletin on Best Execution Services

By Manesh Samtani | 24/07/2024

The bulletin says best execution services can be particularly helpful for exotic instruments, which often don’t have sufficient pricing information.

Crypto / Digital Assets

US Exchanges Commence Trading in First Spot Ether ETFs

By Editors | 24/07/2024

Nine ETFs saw $1.07bn worth of shares traded on the first day, resulting in net inflows of around $106.7mn.

Enforcement

ASIC Charges Four in Telegram ‘Pump and Dump’ Case

By Sanday Chongo Kabange | 24/07/2024

Four individuals coordinated to select penny stock targets and announced those targets in a public Telegram group named the ‘ASX Pump and Dump Group’.

Market Infrastructure

HKIFA Proposes Enhancements for ETF Connect Initiative

By Sanday Chongo Kabange | 24/07/2024

HKIFA says Stock Connect ETF eligibility requirements should be further relaxed and Hong Kong issuers should be allowed to market in the mainland.

Big Picture

ISDA Calls for Greater Digitisation of Derivatives Documentation

By Ranamita Chakraborty | 24/07/2024

An industry survey has revealed that the average time taken to negotiate derivatives documents hasn’t fallen since 2006.