Securities / Derivatives

Securities / Derivatives

Credit Suisse Takes Control of China Securities JV

By Editors | 01/06/2020

The CSRC granted Credit Suisse approval to raise its shareholding in the joint venture in April, from 33.3% to 51%.

Market Infrastructure

China Publishes Rules on Prime Broker Access to Interbank FX Market

By Editors | 01/06/2020

Foreign investors can apply to become prime brokerage clients to trade interbank FX forwards, swaps, and other FX derivatives to hedge interbank bond exposures.

Market Infrastructure

How Singapore’s New Rate Will Change the S$3.5tr Derivatives Market

By FinanceAsia | 31/05/2020

With the first interest rate swap transaction referencing the new Singapore Overnight Rate Average, the island state hopes to stay ahead of regional peers.

Securities / Derivatives

CFFEX Invites Submissions on Futures Market Development

By Editors | 31/05/2020

The CFFEX is calling for research into the opening up of its financial futures market to foreign investors, drawing lessons from overseas exchanges.

Market Infrastructure

ISDA to Launch 2020 Definitions on Digital Platform by Year-End

By Editors | 31/05/2020

Over time, the platform will allow information contained in the ISDA 2020 Definitions to automatically flow through to trading, operational and risk management systems.

Market Infrastructure

WFE Details Industry Efforts to Ensure Cyber Resilience of Markets

By Editors | 29/05/2020

WFE members are continuously investing resources and technology to enhance their capabilities under the philosophy that it is not a question of ‘if’ they experience a cyber incident but when.

Enforcement

SFC Bans Guosen Fund Manager for Violating Staff Trading Policies

By Editors | 29/05/2020

The fund manager concealed his beneficial interests, direct control and trading activities in securities accounts held at an external brokerage.

Securities / Derivatives

SSE Considers Overhaul of Index Methodology – Report

By Editors | 28/05/2020

The SSE is considering using free float rather than total outstanding shares to calculate a company’s market value for the index, which would reduce the weightings of SOEs.

Enforcement

Australia Eases Disclosure Rules to Prevent Opportunistic Class Actions

By Editors | 27/05/2020

Heightened uncertainty amid the Covid-19 crisis exposes companies to the threat of opportunistic class actions if their earnings forecasts are found to be inaccurate.