Securities / Derivatives

Market Infrastructure

Southbound Bond Connect to Launch on 24 September

By Editors | 15/09/2021

Southbound trading under Bond Connect will have an initial daily quota of CNY 20 billion and an annual quota of CNY 500 billion.

Fintech / Regtech

Bursa Malaysia to Explore Dematerialised Structured Warrants

By Editors | 15/09/2021

Digital Asset, VMware, Macquarie Capital Securities and Maybank Investment Bank will participate in the dematerialisation proof-of-concept.

Market Infrastructure

Beijing Stock Exchange Issues Draft Listing Rules

By Editors | 14/09/2021

The draft rules cover issuance and listing rules, audit rules, and rules for refinancing and major asset reorganisations of listed companies.

Securities / Derivatives

Korea to Introduce Fractional Trading of Foreign, Domestic Stocks

By Manesh Samtani | 13/09/2021

Fractional trading is expected to become available within this year for foreign stocks, and in Q3 2022 for domestic stocks, the FSC said.

Securities / Derivatives

Korea to Create Additional ₩100bn ‘New Deal’ Fund

By Sanday Chongo Kabange | 13/09/2021

The additional New Deal fund will be financed through 80bn won in investments from the private sector and 20bn won from the government.

Securities / Derivatives

SEC Committee Endorses Stricter Enforcement of SPAC Rules

By Editors | 13/09/2021

The investor advisory committee recommended increased enforcement of existing disclosure rules for SPACs, including in relation to the sponsor’s role.

Enforcement

Bursa Malaysia Punishes RHB Investment Bank Representatives

By Editors | 13/09/2021

The dealer’s representatives engaged in discretionary trading without proper authorisation, causing “significant losses” to a client.

Big Picture

Exchanges Can Help Minimise Broker-Dealer Operational Risk

By Manesh Samtani | 13/09/2021

A paper by Citadel Securities, NYSE, Nasdaq, MIAX, MEMX, and BOX says exchanges can provide an additional layer of protection on top of broker-dealers’ own risk controls.

Securities / Derivatives

Thai SEC Eases Red Taps for Foreign Issuers Seeking IPO

By Pongnut Thanaboonchai | 12/09/2021

The change will reduce the burden of raising funds for foreign companies and help boost the competitiveness of Thai capital markets, the SEC said.