SECURITIES / DERIVATIVES

Market Infrastructure

CSRC Draft Rules to Expand New IPO System to Main Boards

By Editors | 02/02/2023

The registration-based IPO system adopted by the STAR Market, ChiNext and BSE will be adopted on the main boards of the Shanghai and Shenzhen exchanges.

Securities / Derivatives

US SEC Proposes Amendments to Staff Trading Rules

By Sanday Chongo Kabange | 02/02/2023

Investments in financial industry sector funds will be prohibited. The SEC will be able to collect employee trading data via an automated electronic system.

Market Infrastructure

NYSE Faces Claims Over Last Week’s Trading Halts

By Editors | 01/02/2023

Charles Schwab, Robinhood, Virtu Financial and Citadel Securities are among the firms that submitted claims. The total impact is estimated at over $20mn.

Securities / Derivatives

Beijing Bourse Issues New Rules on Govt Bond Trading

By Editors | 01/02/2023

Institutional investors with bond accounts at the CCDC can apply for access to trade government bonds on Beijing Stock Exchange’s platform.

Crypto / Digital Assets

EIB Issues First GBP Digital Bond on Public Blockchain

By Editors | 01/02/2023

The issue marks the first ever digital bond denominated in GBP, as well as the first public issuance on Orion, HSBC’s new tokenisation platform.

Securities / Derivatives

IOSCO Revises Principles for Regulating Commodity Derivatives Markets

By Editors | 01/02/2023

New Principles added cover unexpected market disruptions, market access, high-frequency trading, and investor education.

Market Infrastructure

ASX to Introduce New Measures for Handling Outages

By Sanday Chongo Kabange | 01/02/2023

ASX will introduce new order and trade download services and a ‘cancel only’ session state. A proposed intraday restart capability will not proceed.

ESG / Sustainability

JPX Concludes Carbon Credit Market Demonstration Project

By Editors | 01/02/2023

The project was commissioned by METI in September last year to demonstrate the technical feasibility of a carbon credits market.

Market Infrastructure

Tokyo Financial Exchange to Launch TONA Derivatives on 20 March

By Editors | 31/01/2023

TFX will launch 3-month TONA futures and related options contracts. The 6-month Euroyen LIBOR futures and O/N Call Rate futures contracts will be delisted.