Securities / Derivatives

Securities / Derivatives

India’s NSE Accused Of Fraud In Algo-Trading Case

By Garima Chitkara | 09/07/2018

India’s securities regulator has issued a notice to NSE for allegedly misuse of its co-location facility by some brokers seeking early access to the exchange’s algo-trading system.

Capital / Liquidity

ASIC Proposes New Capital Regime for Market Participants

By Manesh Samtani | 08/07/2018

New minimum capital for futures and securities participants proposed at A$1m and A$0.5m, respectively; futures and securities capital rulebooks to be consolidated.

Securities / Derivatives

SZSE Instructs Listed Companies to Reduce Leverage

By Emma Zhou | 06/07/2018

Shenzhen exchange targets highly-leveraged acquisitions, high-percentage stock pledges and high-debt operations, which are considered to be a threat to China’s economy.

Market Infrastructure

Bond Connect to Get Regulatory Boost from PBOC

By Garima Chitkara | 05/07/2018

PBOC will introduce same day delivery versus payment, block trading and a simpler tax regime for foreign investors; ten additional market makers also added to Bond Connect scheme, including JP Morgan, BAML and Mizuho Bank.

Securities / Derivatives

SEBI Raises Outbound Investment Limit For Some Investment Funds

By Garima Chitkara | 05/07/2018

Limit for alternative investment funds and venture capital funds for investments outside of India raised to $750m from $500m.

Securities / Derivatives

SFC Imposes Enhanced Reporting Obligations on Authorised Funds

By Manesh Samtani | 04/07/2018

Enhanced reporting obligations to include data on liquidity profiles, subscription and redemption amounts, asset allocation, and securities financing/borrowing transactions.

Securities / Derivatives

Mainland Investors Gain Access to HK Stock Research

By Manesh Samtani | 04/07/2018

New rules enable better access to research reports and advice on HK-listed stocks, and opportunities for HK securities firms to distribute their research through mainland firms.

Securities / Derivatives

HK Exchange Tightens Rules on Backdoor Listings, Shell Activities

By Manesh Samtani | 04/07/2018

Hong Kong stock exchange proposes tightening reverse takeover rules and continuing listing criteria to address concerns about backdoor listings through shell companies by firms that may not otherwise qualify.

Securities / Derivatives

TAIFEX Launches Crude Oil Futures

By Garima Chitkara | 04/07/2018

Crude oil futures started trading on 2 July following an agreement with ICE Futures Europe; contracts denominated in NTD are targeted towards retail investors.