Securities / Derivatives

Securities / Derivatives

New Zealand to Nearly Double FMA Funding Over Three Years

By Editors | 14/05/2020

The FMA’s funding is being increased over three years to minimise the burden on the financial sector entities who pay levies, where most of the new funding will come from.

Securities / Derivatives

Sri Lankan Bourse Reopens to Trading Halts After 7-week Haitus

By Editors | 14/05/2020

The Colombo Stock Exchange opened for trading for the first time in seven weeks on Monday, triggering trading halts on its new circuit breaker mechanism.

Securities / Derivatives

SGX Probes Societe Generale Over Timeliness of Disclosure

By Editors | 14/05/2020

As a goodwill gesture, SocGen will extend a one-off payment to investors who suffered losses trying to short-sell Singapore Airlines with daily leverage certificates.

Market Infrastructure

QFII, RQFII Quota Removal Unlikely to Trigger Big Inflows

By AsianInvestor | 14/05/2020

China has scrapped the quota of its two leading inbound investment programmes, but the move appears unlikely to give its onshore capital markets a shot in the arm.

Securities / Derivatives

Trump Orders Federal Pension Fund to Halt Plans to Invest in China

By Editors | 13/05/2020

The Federal Retirement Thrift Investment Board had planned to benchmark its international exposures to an MSCI index that would channel up to $4.5bn into Chinese equities.

Market Infrastructure

China to Allow Foreign Banks’ Local Branches Fund Custody Licence

By Editors | 12/05/2020

Under the trade agreement with the US in January, China committed to allowing branches of US financial institutions to provide fund custody services in the country within five months.

Market Infrastructure

FMSB Review Highlights Data Risks in Wholesale FICC Markets

By Editors | 12/05/2020

The paper highlights the benefits of moving to a more centralised data strategy, including cost reduction, risk reduction, and the ability to better use data to drive value.

Securities / Derivatives

CBIRC Green-lights China Pacific Insurance GDR Listing on LSE

By Editors | 11/05/2020

The listing is still pending approvals from securities regulators in China and the UK, and exchange operators in Shanghai and London.

Securities / Derivatives

SGX RegCo to Scrap Minimum Trading Price Rule from 1 June

By Editors | 11/05/2020

The MTP rule is described as a “blunt tool” for addressing risk of market manipulation, compared to more effective tools that target such manipulation directly.