Securities / Derivatives

Enforcement

Singapore: Ex-Fund Manager Charged for Acts Likely to Defraud Investors

By Editors | 27/10/2020

The former fund manager allegedly sold bonds at lower-than-market prices from one fund he managed to another fund, knowing there were higher offers for the same bonds.

Securities / Derivatives

FSS Bans Unlicensed Investment Advice on Online Chatrooms

By Editors | 27/10/2020

Unlicensed advisers are barred from giving one-on-one investment advice to clients, but chat rooms have been serving as platforms for illegal consulting.

Securities / Derivatives

DCE Solicits Opinions on Amended RBD Palm Olein Futures Rules

By Sanday Chongo Kabange | 27/10/2020

The new rules are aimed at providing certainty and appeal for overseas market participants to participate in the DCE’s RBD palm olein futures market.

Securities / Derivatives

Taiwan Stock Exchange Launches Intraday Odd-lot Trading

By Editors | 26/10/2020

The introduction of odd-lot trading during regular hours is aimed at making high-value stocks more affordable for individual investors and at helping to boost turnover.

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.