Securities / Derivatives

Securities / Derivatives

NZX, EEX to Jointly Pursue Carbon Market Opportunities

By Editors | 12/12/2019

NZX believes that the transparency and security of a regulated market like the European Energy Exchange will add value to the existing carbon market in New Zealand.

Securities / Derivatives

KRX to Simplify KOSDAQ Listing Requirements Next Year

By Editors | 12/12/2019

Korea Exchange plans to reform the listing requirements of the KOSDAQ market by shifting the focus to the future growth potential of companies.

Securities / Derivatives

Fiji, PNG Stock Exchanges Sign MoU on Joint Market Development

By Editors | 12/12/2019

Fiji’s SPX has signed an MoU with Papua New Guinea’s national stock exchange to cooperate on capital markets development, following from a similar MoU with NZX earlier this year.

ESG / Sustainability

Japan to Revise Stewardship Code to Include ESG Factors

By Editors | 12/12/2019

The proposed revisions could be adopted as early as March, increasing the focus on ESG factors for institutional investors in Japan.

Market Infrastructure

China Issues Revised Trading Rules for Interbank FX Market

By Editors | 12/12/2019

The rules are intended for both domestic and foreign institutions, in line with recent draft rules from SAFE that sought to allow foreign firms to trade RMB foreign exchange derivatives.

Securities / Derivatives

NSE Launches Interest Rate Options on 10-Yr Govt Bond

By Editors | 11/12/2019

Interest rate options on 10 year government bonds provide institutional investors a new tool to hedge interest rate risk.

Fintech / Regtech

KRX to Tighten Rules on Algorithmic and AI-based Trading

By Editors | 11/12/2019

Algorithmic trading is not illegal in Korea, but authorities have long been concerned that the practice may cause market confusion and disadvantage retail investors.

Enforcement

SEBI Bans Fidelity Trader and Family Members for Front-Running

By Editors | 10/12/2019

The trader used non-public information to front-run impending trades of Fidelity Group entities with his mother and sister’s trading accounts from Hong Kong.

Securities / Derivatives

RBI Relaxes Restriction on Foreign Exchange Hedging

By Editors | 10/12/2019

Residents and non-residents will be allowed to undertake OTC currency derivative transactions up to $10mn without having to evidence underlying exposure.