Securities / Derivatives

Market Infrastructure

LME Group Unveils Plans to Strengthen Metals Markets

By Editors | 30/03/2023

The LME is making daily price limits permanent, revising its margin methodology, and developing a China-based spot market offering for Class II nickel products.

Market Infrastructure

South Korea Grants Clearstream QFI Status

By Editors | 30/03/2023

The QFI status will enable Clearstream to offer omnibus account services for Korea Treasury Bonds and Monetary Stabilisation Bonds.

Enforcement

ASIC Commences Probe into Regulatory Breaches by ASX

By Sanday Chongo Kabange | 30/03/2023

ASIC is investigating whether ASX breached the law in its oversight of and disclosures relating to the CHESS replacement programme.

Capital / Liquidity

HKEX to Increase Size of Futures Market Reserve Fund

By Manesh Samtani | 30/03/2023

HKFE Clearing Corporation has revised the default assumption used in calculating the Reserve Fund size.

Securities / Derivatives

DBS Seeks to Establish Additional China Subsidiary

By Manesh Samtani | 30/03/2023

DBS launched its China securities joint venture last June. If approved, the new subsidiary would be used to sponsor stock listings.

Enforcement

Malaysian Court Jails Former Hong Leong Investment Banker

By Editors | 29/03/2023

The former investment banker convinced investors to invest over $390,000 in securities products that did not exist.

Securities / Derivatives

AllianzGI Applies to Open New Fund Business in China

By Editors | 29/03/2023

Allianz already owns 49 percent of a China joint venture. The new licence, if granted, will help it boost its presence in China’s mutual fund market.

Securities / Derivatives

Credit Agricole Launches Investment Banking Unit in China

By Editors | 29/03/2023

The new investment banking unit will focus on cross-border M&A, encompassing purchases, disposals and capital raising.

Securities / Derivatives

LME Resumes Asian Hours Trading in Nickel

By Editors | 29/03/2023

The LME hopes the expanded hours will boost nickel trading volumes, which were little changed on Monday.