Securities / Derivatives

Securities / Derivatives

SGX to Launch Asia’s First International REIT Futures

By Editors | 05/08/2020

Two new REIT futures contracts will launch on 24 August, both designed in accordance with CFTC guidelines to allow for distribution to US and global institutional investors.

Market Infrastructure

CSRC Consults on Enhanced Rules for Fund Managers

By Lucy Zhang | 04/08/2020

The changes are aimed at promoting the high-quality development of the public fund industry so that it can better serve the real economy.

Securities / Derivatives

Shadows of Crises Past: Margin Calls Strain Financial Markets

By Purtini Joshi | 04/08/2020

March and April volatility exposed operational inefficiencies for trading counterparties that have yet to automate their collateral management processes, says DTCC’s Purtini Joshi.

Enforcement

Chinese Regulators Complete Luckin Probe, Confirm Fraud

By Editors | 04/08/2020

The Ministry of Finance and State Administration for Market Regulation both intend to impose administrative penalties against Luckin Coffee for fraud.

Securities / Derivatives

Taiwan FSC to Allow Banks to Develop New Financial Products

By Editors | 04/08/2020

Banks seeking to develop new wealth management products for high-asset customers can apply to the FSC before 15 September.

Securities / Derivatives

HKEX Launches Second Batch of MSCI Index Futures

By Editors | 04/08/2020

The next batch of contracts is due to be launched on 17 August, with the final four contracts still awaiting regulatory approval.

Big Picture

FMSB Publishes Spotlight Review on Market Surveillance

By Sanday Chongo Kabange | 04/08/2020

The Spotlight Review looks at current and future challenges that FICC market participants face in market surveillance and the impact of machine learning.

Securities / Derivatives

FSC Korea to Rein in Structured Products Issuance

By Editors | 03/08/2020

The FSC will impose new rules for securities firms on stress testing, liquidity management, leverage and mandatory FX hedging, among its measures to protect investors from risky products.

Securities / Derivatives

HKMA Relaxes Rules on Retail Sales of Government Bonds

By Editors | 02/08/2020

Banks can forgo suitability assessments and audio recordings when distributing low-risk, non-complex retail tranches of Hong Kong or Mainland government bonds.