SECURITIES / DERIVATIVES

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.

Securities / Derivatives

NZX, EEX to Jointly Develop Auction Service for Emissions Trading

By Editors | 23/10/2020

NZX and EEX will develop and operate the managed auction service for New Zealand’s Emissions Trading Scheme, helping to bring carbon costs into the mainstream.

Securities / Derivatives

Taiwan FSC to Check How Brokers Use High-speed Trading for Clients

By Editors | 22/10/2020

The FSC will carry out an inspection at 22 securities firms to check that they are using high-speed trading properly in offerings to clients.

Fintech / Regtech

India’s Gift City Regulator Introduces Regulatory Sandbox Framework

By Sanday Chongo Kabange | 22/10/2020

All entities operating in the capital market, banking, insurance and pension sectors, as well as individuals and startups from India and FATF-compliant jurisdictions, are eligible.

Enforcement

Malaysia SRO Reprimands Two Unit Trust Consultants for Misconduct

By Sanday Chongo Kabange | 22/10/2020

The two consultants allegedly schemed a plot to market, distribute and sell unit trust funds while they served as registered consultants of different entities.

Enforcement

Australian Federal Court Fines OTC Derivative Issuers A$75m

By Editors | 22/10/2020

The three OTC derivatives issues are now in liquidation and have also been ordered pay ASIC’s costs and to refund approximately 10,000 former clients, on top of the penalties.