Securities / Derivatives

Securities / Derivatives

Korea Exchange Launches ‘New Deal’ Market Indices

By Editors | 08/09/2020

The new indices track Korea’s largest battery, biotech, internet and gaming stocks. KRX plans to launch ETFs based on the new indices next month.

Capital / Liquidity

FSB Defers Haircut Standards for Securities Financing Transactions

By Editors | 08/09/2020

The extensions will help to ease operational burdens on banks, broker-dealers and regulators, allowing them to focus on Covid-19 related priorities.

Fintech / Regtech

ASX Opens Data Science Platform to Third Party Firms

By Editors | 07/09/2020

ASX DataSphere allows third-party firms to experiment with ASX and non-ASX datasets spanning fixed income, interest rates, derivatives, equities, and benchmarks.

Securities / Derivatives

TOCOM Seeks Market Makers for Electricity Futures Contracts

By Sanday Chongo Kabange | 07/09/2020

The market maker programme will ensure smooth execution of transactions and improve liquidity in the electricity futures market.

Enforcement

SFC Seeks Damages for Tianhe Investors Over Defective Prospectus

By Editors | 07/09/2020

The SFC’s investigation revealed that about 53% of Tianhe’s total track record revenue disclosed in its 2014 IPO prospectus was overstated.

Securities / Derivatives

S. Korea to Create $16.8bn ‘New Deal’ Fund Over 5 Years

By Manesh Samtani | 07/09/2020

The government will act as a subordinate investor, meaning that it (namely, taxpayers) will absorb up to 10 percent of any possible losses first.

Market Infrastructure

China to Expand Stock Connect, Deepen Reforms – Reports

By Editors | 07/09/2020

The scope of investment products foreign investors can trade via Stock Connect will be expanded, among other reforms, said the CSRC’s Fang Xinghai.

Capital / Liquidity

HKEX Enhances Capital-based Position Limits for Options, Futures

By Manesh Samtani | 07/09/2020

SEOCH and HKCC clearing participants can apply to increase their capital-based position limits, provided they meet a set of criteria.

Enforcement

US SEC Launches Fraud Probe into Chinese Edutech Firm

By Manesh Samtani | 06/09/2020

Reports first emerged in February alleging that up to 80% of GSX Techedu users are fake, evidenced by attendance data, server records, and admissions by former employees.