Securities / Derivatives

Securities / Derivatives

SEBI Approves MSE Launch of Weekly Interest Rate Futures

By Editors | 31/01/2020

The Metropolitan Stock Exchange has become the first Indian exchange to receive SEBI’s approval to launch weekly interest rate futures contracts.

Securities / Derivatives

HKEX Names Two Global Banks in Failed IPO Application

By Editors | 31/01/2020

Sponsored by Morgan Stanley and JP Morgan Securities, the listing of Chinese biotech firm Akeso was rejected due to a typo in the date in a listing application document.

Securities / Derivatives

HK Listed Companies May Miss Earnings Deadline – Reports

By Editors | 31/01/2020

The HKICPA has met with HKEX to propose extending a 31 March filing deadline for China-based companies listed in Hong Kong affected by coronavirus-related travelling restrictions.

Enforcement

SFC Suspends RHB Securities AE for Unauthorised Discretionary Trades

By Editors | 30/01/2020

The account executive conducted discretionary trades for a client account for almost two years without obtaining written authorisation.

Securities / Derivatives

SEC Philippines Drafts Derivatives Investment Rules for Funds

By Editors | 29/01/2020

The global exposure to financial derivatives must not exceed 20% of the qualifying fund’s net assets, up from 10% previously.

AML / KYC

SEBI Panel Proposes Tighter Norms for Related Party Transactions

By Editors | 29/01/2020

Any member of the promoter group would be deemed a related party regardless of shareholding. Any shareholder with more than 20% of a listed company’s shares would also be deemed a related party.

Securities / Derivatives

Australia to Decide on Removal of ‘Conflicted’ Stamping Fees

By Editors | 28/01/2020

Fund managers have been paying ‘conflicted’ up-front commissions to financial advisers and brokers under a 2014 exemption, which ASIC says has resulted in worse investment returns.

Securities / Derivatives

BSE India Signs Licensing Agreement with ICE Futures Europe

By Editors | 28/01/2020

BSE India is using the ICE Brent Index as the final settlement price for its new rupee-denominated Brent futures contract, which launched on Tuesday.

Securities / Derivatives

SEBI Prescribes New Margin Framework or Commodity Derivatives

By Editors | 28/01/2020

Clearing corporations are asked to categories commodity derivatives as low, medium and high risk, and to set new IM and MPOR floors.