Securities / Derivatives

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.

Market Infrastructure

SFC Seeks to Allow Broker Participation in GBA Wealth Connect

By Sanday Chongo Kabange | 18/03/2022

A hurdle that still needs to be overcome is that Hong Kong brokerages are currently prohibited from distribution and soliciting clients in mainland China.

Securities / Derivatives

Australian Super Funds Shy Away from Chinese Equities – Report

By Sanday Chongo Kabange | 18/03/2022

China’s crackdown on certain sectors has left super fund executives fearing that direct equity exposures to China may not be worth the added risk.

Market Infrastructure

SGX Selects Tata Consultancy Services to Power GIFT Connect

By Editors | 17/03/2022

The GIFT Connect system will permit SGX members to place orders on NSE IFSC using FIX/proprietary APIs or the TCS BaNCS dealing terminal.

Fintech / Regtech

SIX, LMAX Group to Launch 24/7 Traded Crypto Futures

By Editors | 17/03/2022

The launch will initially include centrally cleared USD settled Bitcoin and Ethereum futures, trading 23 hours, five days a week.

Market Infrastructure

FIA Progresses Initiative to Develop New Derivatives Standards

By Sanday Chongo Kabange | 17/03/2022

FIA intends to launch an independent body to be called Derivatives Market Institute for Standards or DMIST in Q2 2022.

Securities / Derivatives

European Energy Traders Seek Central Bank Liquidity Support

By Darien Choong | 17/03/2022

Key energy producers and traders in Europe are asking for “emergency” liquidity assistance to help them meet margin calls in energy derivatives.

Securities / Derivatives

UPDATED – LME Forced to Halt Nickel Trading Again

By Darien Choong | 17/03/2022

A technical fault permitted nickel trades to execute below a newly installed price limit, after the market was closed for a week.

Securities / Derivatives

China to Concede to US Regulators on Audit Supervision Issue

By Mark Johnston | 17/03/2022

Chinese regulators plan to allow some companies to provide some audit information to the PCAOB, and provide additional clarity on what information can and cannot be disclosed overseas.