Securities / Derivatives

Market Infrastructure

China Extends Use of Bond Collateral to All Domestic Futures

By Editors | 08/11/2019

The CCDC has signed a memorandum of cooperation with the SHFE, ZCE, DCE, CFFEX, and Shanghai’s INE, building on previous efforts to enable the use of bonds as collateral for futures trading.

AML / KYC

SEBI Allows Intermediaries, Funds to Use Aadhaar for e-KYC

By Editors | 08/11/2019

Intermediaries and mutual fund distributors are not allowed to store investors’ Aadhaar numbers “under any circumstances”.

Securities / Derivatives

CSRC Plans Additional Reforms to Ease Access to STAR Market

By Editors | 07/11/2019

The reforms include the removal of first day trading limits and faster processing of applications from companies seeking a listing.

Securities / Derivatives

MAS Approves Sandbox Launch of Blockchain Based Bond Exchange

By Editors | 07/11/2019

Singapore-based fintech BondEvalue will use a permissioned blockchain to enable electronical trading of bonds, in $1,000 denominations, with instant settlement and greater price transparency.

AML / KYC

SFC Unveils Regulatory Framework for Crypto Exchanges

By Manesh Samtani | 07/11/2019

Under the new framework, announced at Hong Kong Fintech Week, platform operators that offer trading in virtual assets classified as securities may seek Type 1 and Type 7 licences from the SFC.

Securities / Derivatives

Tokyo Exchange Goes Live with Upgraded Trading System

By Editors | 07/11/2019

The upgrade will reduce sudden stock price fluctuations, enable participants to more easily execute trades at closing prices, and stabilise system performance.

Big Picture

Tokenisation Could Revolutionise Traditional Finance: ASIFMA

By Editors | 06/11/2019

Tokenised securities will impact traditional finance and act as a bridge between legacy finance and the new digital world, taking benefits from each system, ASIFMA says in a new white paper.

Fintech / Regtech

Bursa Malaysia Completes SBL Proof-of-Concept Using Blockchain

By Editors | 06/11/2019

The POC was a test of a private-permissioned blockchain-driven solution for securities borrowing and lending that can enhance market discovery, efficiencies and transparency.

Securities / Derivatives

TWSE Mulls New Measures to Boost Liquidity in Inactive Stocks

By Editors | 05/11/2019

Under a proposed new system, brokerage firms would perform the role of market makers for a guaranteed number of stocks, effectively making low-liquidity stocks easier to trade.