Securities / Derivatives

    Enforcement

    SEBI Offers One-time Settlement for 500+ Errant Brokers

    By Editors | 29/07/2020

    SEBI identified instances where trading participants were consistently making losses on stock options trading, only to reverse the losses later in the day or the next day.

    Market Infrastructure

    ESMA Set to Defer CSDR’s Settlement Discipline Regime

    By Editors | 29/07/2020

    The European Commission asked ESMA to consider a one-year deferral in light of operational pressures on firms and other market developments amid the Covid-19 pandemic.

    Crypto / Digital Assets

    Philippines Launches DLT-based Distribution of Retail Treasury Bonds

    By Sanday Chongo Kabange | 29/07/2020

    The launch of ‘Bonds.PH’ paves the way for the unbanked to affordably and easily invest in retail treasury bonds, said National Treasurer Rosalia V. De Leon.

    Securities / Derivatives

    Tokyo Commodity Exchange Proposes Trading Rule Revisions

    By Editors | 29/07/2020

    TOCOM plans to revise its trading rules to coincide with the launch of a next-gen derivatives trading system known at J-GATE 3.0 in Q3 2021.

    Securities / Derivatives

    New Zealand FMA Warns Derivatives Issuers to Ensure Compliance

    By Sanday Chongo Kabange | 29/07/2020

    Self-assessments by derivatives issuers have identified risks stemming from the way they handle client money, provide advice to retail clients, and handle vulnerable customers.

    Market Infrastructure

    ISDA Launches New Indicator to Monitor RFR Adoption in Derivatives

    By Editors | 28/07/2020

    The indicator is intended to help derivatives market participants keep tabs on progress to shift to risk-free rates ahead of the end of 2021, when LIBOR is due to be discontinued.

    Securities / Derivatives

    JPX Completes Transfer of TOCOM Products to Osaka Exchange

    By Editors | 28/07/2020

    Under the new integrated exchange, brokers need a single licence to trade both securities and commodities. Clearing houses JSCC and JCCH have also been integrated.

    Big Picture

    FMSB Examines Remote Working Risks in FICC Markets

    By Editors | 28/07/2020

    FMSB has published a Spotlight Review on the risks of undertaking financial services activities through new working arrangements, and measures to mitigate these risks.

    ESG / Sustainability

    CDSB Issues New Guidance to Mainstream Climate Reporting

    By Manesh Samtani | 28/07/2020

    The new Climate Guidance will help enhance reporting quality by addressing the lack of decision-useful material climate information for investors.

    Securities / Derivatives

    Why Do Electronic Traders Cancel Orders?

    By Jamil Nazarali | 28/07/2020

    Jamil Nazarali at Citadel Securities explains what ever-increasing speeds for issuing and canceling orders tell us about today’s market structure.

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