SECURITIES / DERIVATIVES

Market Infrastructure

China to Issue Additional Quotas for Outbound Investment via QDII

By Editors | 26/10/2020

The move, estimated to release quotas by $2-3bn per quarter, is being called one of the biggest relaxations in capital controls in recent years.

Securities / Derivatives

CSRC Green-lights Launch of International Copper Futures Contract

By Sanday Chongo Kabange | 26/10/2020

The new copper futures contract will be traded on Shanghai’s International Energy Exchange, and accessible to foreign investors looking to hedge their exposures in China.

Capital / Liquidity

MAS Proposes Amendments to RMO Capital Requirements

By Manesh Samtani | 26/10/2020

MAS proposes to introduce a direct liquidity requirement for recognised market operators, and to revise downward the solvency requirement.

Crypto / Digital Assets

ASIC Intervenes to Restrict CFD Leverage, Curb Retail Losses

By Editors | 25/10/2020

In a new product intervention order targetting contracts for difference, ASIC has imposed leverage limits and standardised margin close-out arrangements.

Securities / Derivatives

Thailand Launches Information Platform for Sustainability Bonds

By Editors | 25/10/2020

The information platform is based on the Luxembourg Green Exchange, and follows the SEC’s engagement with the Luxembourg bourse earlier this year.

Securities / Derivatives

HKEX, SZSE Launch New ETF Cross-listing Scheme

By Editors | 25/10/2020

HKEX and SZSE have also signed an MOU to promote the ETF Cross-listing Scheme and facilitate more connections between the two markets.

Securities / Derivatives

China: S&P Global Authorised to Rate Exchange-traded Bonds

By Editors | 25/10/2020

S&P Global’s China unit can rate bonds and asset-backed securities that are traded or listed for transfer on China’s exchange-traded bond market.

Securities / Derivatives

HKEX Proposes to Allow Holiday Trading of MSCI Derivatives

By Editors | 25/10/2020

Exchange participants are asked to indicate their expectations for operational readiness by completing an online form by 6 November.

Market Infrastructure

GFXC to Complete FX Global Code Review by Mid-2021

By Manesh Samtani | 23/10/2020

Among the key issues in the FX market has been settlement risk, given the increasing number of trades being settled without PvP protection, says RBA deputy governor Guy Debelle.