Securities / Derivatives

Securities / Derivatives

PBOC Launches Tri-party Repos in Interbank Bond Market

By Editors | 18/10/2018

Tri-party repos allow investors to entrust an agent to handle collateral, reducing settlement failure while ensuring effective coverage of risk exposure.

Securities / Derivatives

FSS Unveils Measures to Boost Internal Controls, Compliance Staff at FIs

By Editors | 18/10/2018

The measures, though not yet finalised, follow recent concerns about stock trading systems at financial institutions in South Korea.

Big Picture

ISDA Publishes Updated Template for Close-Out Netting Legislation

By Manesh Samtani | 17/10/2018

Jurisdictions are increasingly seeking guidance on implementing legislation to ensure the enforceability of close-out netting, the “single most important risk mitigation tool in derivatives markets”.

Securities / Derivatives

NSE India Launches Commodity Derivatives Segment

By Editors | 15/10/2018

NSE is the second stock exchange in India to offer commodity trading; licensing agreement will see the exchange use LSE prices for settling various commodity futures contracts.

Enforcement

S. Korea to Toughen Penalties for Naked Short Selling

By Editors | 15/10/2018

New legislative revisions could subject illegal short sellers to up to 10 years imprisonment and fines amounting to 1.5 times profits on short selling.

Securities / Derivatives

China Releases Guidelines on Shanghai-London Stock Connect

By Editors | 15/10/2018

The guidelines set a minimum cap for London-listed firms seeking to issue depository receipts in China, among other requirements.

Securities / Derivatives

India Permits Commodity Derivatives Trading by Foreign Investors

By Editors | 10/10/2018

Trading limits will be based on foreign investors’ actual exposure to India’s commodity markets, which needs to be verified and monitored by brokers and exchanges.

Securities / Derivatives

Hong Kong, UK Sign Mutual Recognition of Funds Agreement

By Manesh Samtani | 09/10/2018

The agreement allows eligible funds in Hong Kong and the UK to be distributed in each other’s market through a streamlined process.

Securities / Derivatives

India Proposes New Route for Foreign Investors in Debt Markets

By Garima Chitkara | 08/10/2018

Under the ‘Voluntary Retention Route’, FPIs will be exempt from current caps and concentration limits provided they voluntarily commit to long-term investment in Indian debt.