Securities / Derivatives

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.

Securities / Derivatives

CORRECTED – HKEX to Launch New Derivatives Products

By Editors | 27/05/2020

Subject to regulatory approval, 37 new futures and options contracts based on MSCI Asia and emerging markets indices will be launched in Hong Kong.

Capital / Liquidity

Foreign Investors Flee Sri Lankan Bank Stocks Amid Dividend Ban

By Duruthu E Chandrasekera | 26/05/2020

Exacerbated by a seven-week stock market shut down, foreign investors sold large quantities of Sri Lankan bank stocks following a ban on bank dividends this month.

Securities / Derivatives

SSE Launches Short-term Corporate Bond Issuance Pilot

By Editors | 25/05/2020

Under the pilot, SSE-listed companies can issue bonds with durations under one year to professional investors, provided the proceeds are not used to meet long-term funding needs.