Securities / Derivatives

Securities / Derivatives

ASX Considers Closing Settlement Service for Unlisted Funds

By Editors | 17/04/2023

The mFund Settlement Service caters to unlisted managed funds. ASX is considering closing the service.

Securities / Derivatives

CFFEX Set to Launch 30 Year Treasury Bond Futures

By Editors | 16/04/2023

CFFEX already offers futures trading in 2-year, 5-year, and 10-year treasury bond futures. The 30-year contract will start trading on Friday (21 April).

Securities / Derivatives

CSRC Consults on Rules to Enhance Independent Director System

By Editors | 16/04/2023

A qualification system, code of professional ethics, and information database for independent directors of listed companies will be established.

Enforcement

SocGen Agrees to $105m Euribor Rigging Settlement

By Editors | 16/04/2023

If approved by the court, the settlement would mean investors have won USD 651.5 million in Euribor-rigging settlements with seven banks.

ESG / Sustainability

HKEX: Climate-related Disclosures to Become Mandatory in 2024

By Manesh Samtani | 16/04/2023

New rules aligned with the TCFD recommendations and the ISSB Climate Standard will become effective in January 2024.

Enforcement

Japan FTC Cautions Mizuho Securities Over IPO Price-setting

By Editors | 16/04/2023

Mizuho Securities, as lead underwriter, set the issue prices of two companies lower than the companies were seeking. Both more than doubled in value on their IPO.

Securities / Derivatives

Korea to Develop Fund Manager Guidance on Exercise of Voting Rights

By Editors | 15/04/2023

There is currently insufficient guidance on the exercise of voting rights, particularly for issues involving corporate governance and ESG matters, the FSS said.

Fintech / Regtech

Tiger Brokers Tests ‘TigerGPT’ Chatbot as Investment Assistant

By Editors | 14/04/2023

The OpenAI-powered chatbot is said to be the “first deployment of an AI investment assistant in the brokerage industry”.

Crypto / Digital Assets

LCH to Start Clearing BTC Futures and Options in Q4

By Editors | 14/04/2023

LCH will clear Bitcoin index futures and options contracts traded on GFO-X, an FCA-regulated digital asset derivatives trading venue.