Securities / Derivatives

Securities / Derivatives

Taiwan, Malaysia to Cooperate on Derivatives Market Development

By Editors | 18/05/2020

The two exchanges will share information and best practices relating to product development, market operations, and other areas of common interest.

Securities / Derivatives

HKEX Moves to Enhance Liquidity of Exchange Traded Products

By Editors | 18/05/2020

A new spread table will reduce tick sizes and spreads for ETPs, while new market making obligations create a more competitive liquidity providing environment.

ESG / Sustainability

Nasdaq Launches Service to Track ESG Impact of Investments

By Editors | 18/05/2020

‘ESG Footprint’ helps investors track a wide range of sustainability criteria, including carbon footprint, board diversity and companies flagged for human rights issues.

Securities / Derivatives

Hong Kong Lowers Transaction Costs for ETF Market Makers

By Editors | 16/05/2020

An amendment waives stamp duties on primary market stock transfers involving ETF market makers’ activities to create and redeem ETF units.

Securities / Derivatives

SEBI Relaxes Public Shareholding Requirement for Listed Entities

By Editors | 16/05/2020

The move will mean promoters with more than 75% shareholding in a listed company will not have to divest their holdings while the current challenging environment persists.

Enforcement

SFC Declines to Take Action Against HSBC for No-dividend Decision

By Editors | 15/05/2020

Some investors in HSBC alleged the bank failed to safeguard their interests. Others questioned whether the bank’s discussions with the Bank of England were disclosed in a timely manner.

Market Infrastructure

CCP Margin Models May Need Fine-tuning: BIS Paper

By Editors | 15/05/2020

Some CCP margin models underestimate market volatility because they rely on a short period of historical price movements from tranquil times, the paper says.

Market Infrastructure

China Admits Fitch Subsidiary into Onshore Credit Rating Market

By Editors | 15/05/2020

China had committed to removing restrictions on US credit rating agencies entering its markets under the trade agreement with the US in January.

ESG / Sustainability

Hong Kong Launches New Certification Scheme for ESG Funds

By Editors | 14/05/2020

The new green finance certification scheme for ESG funds is an extension of the HKQAA’s certification service for green funds, launched in September 2019.