SECURITIES / DERIVATIVES

Market Infrastructure

Cambodia Securities Exchange Introduces USD Settlements

By Sanday Chongo Kabange | 22/01/2024

CSX says investors can now trade local currency stocks but settle their transactions in US dollars, which will increase market accessibility.

Crypto / Digital Assets

Hong Kong Firm Targets Spot Bitcoin ETF Launch in Q1

By Nithya Subramanian | 22/01/2024

Venture Smart Financial Holdings aims to accumulate USD 500 million in assets under management by the end of 2024.

Securities / Derivatives

Taiwan to Lower Shareholding Disclosure Threshold to Five Percent

By Mark Johnston | 21/01/2024

The reporting and announcement procedures will also be streamlined so that only three pieces of information must be reported.

Securities / Derivatives

SET Unveils Three-Year Plan to Boost Thai Capital Market

By Mark Johnston | 21/01/2024

The plan includes support for ESG initiatives and the introduction of new products such as small size Thai shares and inverse ETFs.

ESG / Sustainability

Taiwan Proposes New Internal Control Rules on ESG Disclosure

By Mark Johnston | 19/01/2024

Listed companies, securities and futures firms, and related service enterprises should include the management of ESG information in their internal control systems.

Enforcement

Korea Strengthens Mechanism for Punishing Unfair Trading

By Editors | 19/01/2024

The revisions introduce a new penalty surcharge system for unfair trading activities and establish a clear legal ground for calculating unfairly gained profits.

Securities / Derivatives

China Grants More Foreign Banks Lead Underwriter Licence

By Editors | 19/01/2024

Credit Agricole, HSBC and StanChart can be lead underwriters of yuan debt issues by domestic and foreign borrowers.

Securities / Derivatives

Korea FSS Says Naked Short Selling Has ‘Significant Impact’

By Mark Johnston | 18/01/2024

Illegal short selling has a “significant impact” on certain stocks, the FSS said in response to concerns that its short-selling ban may not have been justified.

Market Infrastructure

India’s Proposal for T+0 Settlement Will Fragment Market: ASIFMA

By Editors | 18/01/2024

ASIFMA suggests that SEBI wait to see the impact from the US move to T+1 settlement before proceeding to a shorter settlement cycle in India.