SECURITIES / DERIVATIVES

Securities / Derivatives

SGX Adds RFQ Functionality for FX Derivatives on OTC Platform

By Editors | 03/10/2021

The RFQ function allows market participants to negotiate and transact block trades in FX futures and options on the Titan OTC Pro platform.

Big Picture

FMSB Offers Guidance on Mitigating Risks of Hybrid Working

By Editors | 02/10/2021

In a new Spotlight Review, the FMSB outlines steps firms can take to promote equivalent conduct outcomes in a hybrid environment.

Market Infrastructure

Hong Kong Capital Market to Increase Use of RMB

By Manesh Samtani | 02/10/2021

HKMA chief Eddie Yue speaks of expanding the use of the RMB in Hong Kong stock market trading and a multi-year programme to enhance the CMU.

Capital / Liquidity

SEBI to Raise Net Worth Requirements for Market Intermediaries

By Editors | 02/10/2021

SEBI proposes to progressively raise the net worth requirements for trading members, clearing members and depository participants by October 2023.

Enforcement

CFTC Penalises Interactive Brokers Over Negative Oil Prices

By Editors | 02/10/2021

Interactive Brokers was penalised for not adequately preparing for and configuring its electronic trading system to recognise negative prices on 20 April 2020.

Market Infrastructure

SEBI Approves Proposals for Gold Exchange, Social Stock Exchange

By Editors | 01/10/2021

SEBI will allow trading in electronic gold receipts. A social stock exchange will be created. Regulations on related party transactions have been strengthened.

Market Infrastructure

Open Letter from FPIs to SEBI on T+1 Settlement

By Editors | 30/09/2021

ASIFMA, Asia TraderForum and The Investment Association have issued an open letter on behalf of FPIs asking SEBI to delay implementation of T+1 settlement.

Enforcement

CSRC Issues Draft Rules Promoting ‘Honest’ Investment Banking

By Editors | 30/09/2021

The draft rules require investment banking intermediaries to strengthen risk control and strictly prohibit the use of below-market pricing to win business.

Securities / Derivatives

SEBI Updates Risk Management Framework for Mutual Funds, AMCs

By Editors | 30/09/2021

Mutual funds and AMCs will be required to maintain mandatory metrics on investment risk, liquidity risk and credit risk, and perform stress tests at least monthly.