Securities / Derivatives

Big Picture

China Securities Firms to Differentiate with Fintech: KPMG

By Editors | 01/09/2020

Model differentiation and consolidation are expected to be key trends for China’s securities industry going forward, according to a new report from KPMG.

Securities / Derivatives

Bloomberg, CFETS Jointly Launch CIBM-Direct RFQ Service

By Editors | 01/09/2020

The new electronic trading service further facilitates global investors’ access to trade onshore Chinese bonds with onshore market makers in the interbank market.

Crypto / Digital Assets

SGX Completes Asia’s First Digital Syndicated Public Corporate Bond

By Editors | 01/09/2020

SGX’s vision is to fully digitalise the end-to-end corporate bond issuance and asset servicing process, according to senior managing director Lee Beng Hong.

Securities / Derivatives

US SEC Approves Rules to Allow Direct Listings on NYSE

By Editors | 31/08/2020

Direct listings allow private companies to raise money without going through the high IPO underwriting fees charged by investment banks.

Securities / Derivatives

CSRC Approves Daiwa for Majority Owned Securities Joint Venture

By Editors | 31/08/2020

Daiwa will own 51% of the securities joint venture through which it will be seeking licences to provide brokerage, investment banking, and securities underwriting services.

Securities / Derivatives

SGX, GF Securities to Jointly Promote Sino-Singapore Connectivity

By Editors | 31/08/2020

Under an MoU, GF Securities will promote SGX listed derivatives and securities including REITs and fixed income products to its clients.

Market Infrastructure

ESMA Postpones CSDR’s Settlement Discipline Regime

By Editors | 31/08/2020

The regime was initially due to come into force from September 2020 before it was deferred to February 2021. The new effective date is 1 February 2022.

Market Infrastructure

Hong Kong: OTC Clear Launches Sponsored Clearing Model

By Manesh Samtani | 31/08/2020

Foreign banks in Hong Kong that are unable to become full clearing members can use the ‘Sponsored Settlement Member’ model to access central clearing via OTC Clear.

Market Infrastructure

APRA Issues 3rd Consultation Package on Superannuation Data Collection

By Editors | 30/08/2020

The third package contains consultation materials covering four areas: expense reporting, asset allocation, insurance arrangements, and fees and costs.