Securities / Derivatives

Market Infrastructure

New Zealand FMA, NZX To Undertake Capital Markets Review

By Editors | 25/01/2019

An industry working group established by the NZX and FMA and supported by EY will provide recommendations to increase the depth and attractiveness of New Zealand’s capital markets.

Market Infrastructure

China Approves Plan for New ‘Nasdaq-Style’ Tech Board in Shanghai

By Editors | 25/01/2019

Authorities have reportedly already approached potential IPO candidates for the SSE’s new science and technology board. Draft listing rules are expected as early as this month.

Market Infrastructure

BIS Research Unit Offers Recommendations for Capital Market Development

By Editors | 24/01/2019

The report highlights the importance of macroeconomic stability, market autonomy, strong legal frameworks and effective regulatory regimes in supporting capital market development.

Securities / Derivatives

S. Korea Broadens Professional Investor Pool to Boost Capital Markets

By Editors | 23/01/2019

In addition to easing the requirements for registering as a professional investor, the FSC will introduce a new class of brokerage firm that will specialise in channelling funds to SMEs.

Market Infrastructure

China, Germany Enhance Capital Markets, Banking Cooperation

By Editors | 23/01/2019

The two countries will promote depository receipts, build an offshore market for A-share index derivatives in Frankfurt, and improve access for banks and insurers in either market.

Securities / Derivatives

Bank of Korea to Entrust Foreign Reserves to Local Asset Managers

By Editors | 22/01/2019

South Korea’s central bank said it plans to entrust local asset managers with up to $300mn of its investments in developed markets.

Securities / Derivatives

China Bourses Ease Restrictions on Lending Against Pledged Shares

By Editors | 22/01/2019

The SSE and SZSE have extended the repurchase period for pledged shares to over three years and loosened restrictions on the number of shares that can be pledged.

Securities / Derivatives

India’s Brokers Push Back Against Higher Margining for Equity Derivatives

By Editors | 22/01/2019

Brokers say SEBI’s new margining norms increase the cost of trading without any real reduction in risk and will result in “unprecedented damage” to India’s equity derivatives market.

Securities / Derivatives

Affin Hwang, Bursa Malaysia Launch Retail SBL Facility

By Editors | 21/01/2019

Affin Hwang Investment Bank and Bursa Malaysia have formally launched a securities borrowing and lending facility for retail investors.