SECURITIES / DERIVATIVES

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    Market Infrastructure

    ION Brings Traders Back Online Following Ransomware Attack

    By Editors | 09/02/2023

    Exchanges are reporting business as usual, though ION is said to be rebuilding its systems. Cybersecurity firm Crowdstrike will validate.

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    Market Infrastructure

    RBI to Permit Borrowing and Lending of Government Bonds

    By Manesh Samtani | 09/02/2023

    The RBI also decided to restore pre-pandemic market hours for G-secs and release new guidelines on climate risk and sustainable finance “in a phased manner”.

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    Securities / Derivatives

    HKEX to Support Listings by Nanjing Tech Enterprises

    By Editors | 09/02/2023

    Nanjing, home to about 18,000 technology enterprises, has become a significant growth centre for new economy industries, HKEX said.

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    ESG / Sustainability

    ISDA Analyses Regulatory Treatment of SLDs in Singapore

    By Editors | 09/02/2023

    The paper considers how sustainability-linked derivatives would be classified and regulated in Singapore.

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    Securities / Derivatives

    NYSE to Reimburse 60pc of Claims from January Trading Halts

    By Editors | 08/02/2023

    NYSE clients have been told that losses will be covered for orders posted or routed to NYSE. Loss-making trades triggered on other venues will not be covered.

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    Securities / Derivatives

    Asset Managers Launch Global Trade Finance Working Group

    By Editors | 08/02/2023

    New working group will work to boost the role of alternative lenders in providing trade finance, at a time when traditional lenders are retrenching.

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    ESG / Sustainability

    SEBI Enhances Framework for Green Debt Securities

    By Editors | 08/02/2023

    Blue bonds, yellow bonds, and transition bonds are added. Disclosure requirements are enhanced. Independent third-party reviewers must be appointed.

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    Market Infrastructure

    South Korea to Start Opening Up Domestic FX Market

    By Manesh Samtani | 08/02/2023

    In 2024, the interbank FX market will be opened to offshore financial firms that become certified as ‘registered foreign institutions’.

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    Enforcement

    ASIC Disciplinary Panel Fines Stockbroker Over Trade Pricing

    By Editors | 07/02/2023

    Wilsons Advisory and Stockbroking reported over 2,000 trades as TWPI transactions in circumstances where the trades did not provide price improvement.

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    Securities / Derivatives

    Morgan Stanley Wins Approval to Fully Own China Fund Business

    By Editors | 07/02/2023

    Morgan Stanley Investment Management becomes the 7th foreign firm approved to fully own a domestic mutual fund business.

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