Securities / Derivatives

Securities / Derivatives

CSRC Bars Brokers from Facilitating ‘Shadow’ Margin Financing

By Editors | 14/03/2019

The CSRC is prohibiting brokers from any business that could facilitate informal margin financing, which it has flagged as a potential source of risk.

Market Infrastructure

MAS, CFTC Agree to Mutually Recognise Derivatives Venues

By Editors | 14/03/2019

The agreement enables US and Singapore OTC derivatives participants to trade with one another on the same platforms, allowing for more efficient risk management.

Market Infrastructure

China Foreign Stock Ownership Limits Impede Market Opening

By Editors | 13/03/2019

Chinese regulators will need to ease foreign ownership restrictions to ensure its listed companies are able to remain in MSCI’s benchmark indexes.

Securities / Derivatives

India Scraps FPI Investment Cap for Corporate Bonds

By Editors | 13/03/2019

In response to market feedback, SEBI has dropped the 20% cap on foreign portfolio investors’ investment in corporate bonds.

Securities / Derivatives

ISDA Consults on Proposals to Clean Up CDS Market

By Editors | 12/03/2019

The proposals seek to end a trading practice of encouraging otherwise healthy companies to default by offering them favourable financing in order to pocket CDS payouts.

Enforcement

UBS, StanChart to Settle Hong Kong IPO Misconduct Case

By Editors | 12/03/2019

The case goes back to the 2009 listing of a Chinese timber company, which was later suspended for accounting irregularities. Details of the settlement will be released at a later date.

Securities / Derivatives

HKEX to Launch China A-Share Futures Contract

By Editors | 12/03/2019

The development represents a key risk management tool for international investors who need to manage their A-share equity exposure, says HKEX chief Charles Li.

Securities / Derivatives

China’s AMAC Proposes Stricter Rules for Private Funds

By Manesh Samtani | 08/03/2019

Private equity, venture capital and hedge fund managers are facing more stringent requirements to register a product with the Asset Management Association of China.

Securities / Derivatives

Shanghai Exchange Signals Possible End-May Launch for New Tech Board

By Editors | 08/03/2019

The SSE gave its first indication of a launch date for the new science and technology board in a WeChat post, saying the trading system will be ready at the end of May.