Securities / Derivatives

Securities / Derivatives

BSE India Launches World’s First Almond Futures

By Editors | 24/06/2020

The new contract will enable transparent price discovery, ease trade for buyers and sellers, and allow producers and importers to hedge price risk.

Capital / Liquidity

BCBS Proposes Risk Weight Floor for NPL Securitisations

By Editors | 23/06/2020

The BCBS identified a gap in the regulatory framework for securitisations of non-performing loans, which it is seeking to address through a new technical amendment.

Securities / Derivatives

Bangladesh Bank Eases Foreign Investor Repatriation Policy

By Editors | 23/06/2020

Remittances of share sale proceeds to non-resident foreign investors no longer need prior approval from the central bank if pricing is determined based on the net asset value approach.

Securities / Derivatives

‘Time is Ripe’ for Hong Kong to Launch A-share Derivatives: CSRC

By Manesh Samtani | 23/06/2020

CSRC vice chairman Fang Xinghai says the launch of A-share based financial derivatives will bolster Hong Kong as an international financial centre, while also benefitting China’s capital markets.

Securities / Derivatives

ASX Calls for Reforms Around Class Actions, Litigation Funding

By Editors | 22/06/2020

The benefit of securities class actions may disproportionately benefit litigation funders rather than plaintiffs in those proceedings, with the costs falling on the shareholders, ASX says.

Securities / Derivatives

China to Ease Rules on Foreign Strategic Investment in Listed Companies

By Editors | 22/06/2020

The revisions lower foreign investor asset requirements, reduce the lock-up period from three years to 12 months, and expands investment channels to include IPOs and tender offers.

Securities / Derivatives

Bank Indonesia Cuts Rates, Pledges More Bond-Buying

By Editors | 22/06/2020

Bank Indonesia abandoned the practice of quantitative easing in 1999 to ensure fiscal discipline in the aftermath of the Asian financial crisis.

Market Infrastructure

What CSDR’s Settlement Discipline Regime Means for Asia’s Buy-side

By Matt Johnson | 22/06/2020

CSDR’s Settlement Discipline Regime could expose Asian firms to settlement failure penalties on their trades with EU counterparties, writes DTCC’s Matt Johnson.

Securities / Derivatives

SSE Revamps Index Methodology to Better Reflect Market Performance

By Editors | 22/06/2020

Index stocks with risk warnings will be removed, CDRs and STAR Market stocks will be included, and the timeframe for including newly-listed stocks will be extended.