Securities / Derivatives

Market Infrastructure

CSRC, FCA Officially Launch Shanghai-London Stock Connect

By Editors | 18/06/2019

The Shanghai-London Stock Connect has opened for business, allowing listed companies in Shanghai and London to issue depositary receipts in each other’s markets.

Market Infrastructure

China Capital Markets Reaching Inflection Point: ASIFMA

By Editors | 17/06/2019

New ASIFMA report says China’s capital markets are reaching an inflection point, and provides 103 recommendations to facilitate their further development.

Market Infrastructure

SFTR: An Opportunity to Upgrade, Automate

By Manesh Samtani | 17/06/2019

DTCC’s Val Wotton and Oliver Williams explain the challenges SFTR presents in Asia, and how firms can best prepare in the lead-up to implementation starting in April 2020.

Securities / Derivatives

BNM Issues Draft Rules for Electronic Trading Platforms

By Editors | 17/06/2019

BNM has issued a policy document laying out its expectations of companies providing electronic trading platforms in the FX and money markets.

Securities / Derivatives

India INX Launches Trading Platform for Green Bonds

By Editors | 17/06/2019

BSE-owned India INX has listed the bonds of three Adani-group subsidiaries on its new green bonds platform.

Securities / Derivatives

ICBC US Brokerage Unit Penalised for Unlawful ADR Practices

By Editors | 17/06/2019

ICBC Financial Services LLC will pay over $42m to the US SEC for improper handling of ‘pre-released’ ADRs, and $3m to the DOJ for conspiring to rig bids related to the release of ADRs.

Securities / Derivatives

Shanghai’s New Tech Board to Commence Trading Within 2 Months

By Editors | 15/06/2019

China has held a launch ceremony for Shanghai’s new board, termed the ‘SSE STAR Market’. Trading is expected to commence within 2 months with about 30 companies.

Securities / Derivatives

SFC Provides Additional Guidance on Sale of Complex Products

By Editors | 14/06/2019

Paragraph 5.5 of the Code of Conduct is only applicable for unsolicited purchases of complex products. Intermediaries can apply a risk-based approach to disclosures for repeat purchases.

Market Infrastructure

UPDATED – Shanghai-London Connect to Start Trading 17 June

By Editors | 13/06/2019

GDRs issued by Huatai Securities will be admitted to the Shanghai-London Stock Connect segment of the LSE on 20 June, when trading will commence.