SECURITIES / DERIVATIVES

Securities / Derivatives

Hong Kong Bourse Launches ‘Kill Switch’ Service

By Editors | 31/10/2021

The ‘kill switch’ service allows exchange participants to quickly cancel outstanding orders by broker number in contingencies.

Securities / Derivatives

Japan FSA Finalises Guidelines on Social Bond Issuance

By Editors | 31/10/2021

Under the guidelines, social bond issuers have to make annual disclosures on the use of the proceeds and the social benefits they yield.

Securities / Derivatives

Shanghai INE Starts Accepting Govt Bonds as Margin Collateral

By Darien Choong | 31/10/2021

The use of government bonds as margin collateral will reduce transaction costs, improve market efficiency, and enhance market operations.

Market Infrastructure

Tokyo Bourse Outlines Plans to Enhance Cash Equity Market

By Manesh Samtani | 31/10/2021

The TSE will extend its trading day by 30 minutes alongside a major trading system upgrade in 2024. A five-minute closing auction session may also be introduced.

Securities / Derivatives

HKEX Proposes Changes to Rules Governing Share Schemes

By Editors | 31/10/2021

Listed companies will be able to grant no more than 10 percent of their total shares in share award or option schemes.

Securities / Derivatives

SFC Finalises Conduct Rules for Bookbuilding, Placing Activities

By Manesh Samtani | 31/10/2021

New requirements on bookbuilding, pricing, allocation and placing activities will take effect in August 2022, the SFC said.

Securities / Derivatives

China to Continue Tax Exemptions for Foreign Bond Investors

By Editors | 31/10/2021

Exemptions from corporate income tax and value-added tax due to expire on 6 November will be extended until 31 December 2025.

Securities / Derivatives

HKMA, SFC Direct Intermediaries to Improve Client Trade Practices

By Editors | 30/10/2021

Intermediaries have been required to undertake remedial action to address non-compliance with transaction-related disclosure requirements.

Enforcement

CBIRC Shanghai Launches Crackdown on Coal Price Speculation

By Editors | 29/10/2021

The CBIRC’s Shanghai bureau has banned the use of bank and insurance funds to influence the commodity market, as China faces nationwide power shortages.