SECURITIES / DERIVATIVES

Sanctions

State Street to Be Dismissed as Manager of HK Tracker Fund

By Editors | 21/03/2022

Hong Kong’s government commenced a review last year to assess State Street’s role as the manager of TraHK, the city’s largest and most-popular ETF.

Securities / Derivatives

Eurex Sets Launch Date for Expansion of KRX Link

By Editors | 20/03/2022

International investors will be able to trade KOSPI 200 options with weekly expiries outside Korean trading hours via Eurex from 28 March.

ESG / Sustainability

MAS, CDP Partner to Enhance Access to Quality ESG Data

By Editors | 20/03/2022

MAS and CDP will collaborate to explore the exchange of information between CDP’s disclosure system and MAS’ Project Greenprint.

Securities / Derivatives

Chinese Policymakers Pledge Measures to Reassure Markets

By Darien Choong | 19/03/2022

Vice-Premier Liu He said that the FSDC will propose “strong and effective responsive initiatives” to manage any risks which may endanger the financial system.

Enforcement

HKEX Censures Six Directors Over “Unchecked Spending Spree”

By Sanday Chongo Kabange | 19/03/2022

The investment holding company spent over HK$60mn of company money to acquire luxury assets including a HK$24.5mn yacht, a HK$20mn diamond, seven cars, and 57 paintings.

Crypto / Digital Assets

CFTC Consults on Crypto Derivatives Model Proposed by FTX

By Mark Johnston | 19/03/2022

Under the proposed model, customers would have to post margin to open a position, and the margin level will be recalculated every 30 seconds as positions are marked to market.

Securities / Derivatives

Thai SEC, World Bank Partner on Capital Markets Development

By Editors | 18/03/2022

The study will help the SEC ensure the capital market is responsive to the needs of investors and serves as a key mechanism to drive the economy towards sustainable growth.

Market Infrastructure

ASIC Expresses “Significant Concern” Over 4-Hour Outage at ASX

By Editors | 18/03/2022

After the incident on Thursday, ASIC said it views the outage with “significant concern” due to its “significant impact” on the market, market participants and investors.

Securities / Derivatives

Hong Kong’s First SPAC Listing Debuts on HKEX Main Board

By Sanday Chongo Kabange | 18/03/2022

Aquila Acquisition Corporation was the first SPAC in Hong Kong to win approval from HKEX for a listing since the city’s SPAC listing regime was introduced.