Securities / Derivatives

Securities / Derivatives

ASIC Proposes Disclosure Relief for Agent Securities Lenders

By Editors | 30/07/2019

The proposed relief will defer substantial holding notifications required of agent lenders to the time when lending authority is first exercised.

Securities / Derivatives

Twenty Suspended Firms Face Permanent Delisting in Hong Kong

By Editors | 30/07/2019

Of the 22 firms that were already suspended last August when new rules took effect, only two have so far been given the green light for their shares to resume trading.

Securities / Derivatives

SSE Star Market Stocks to Be Included in Stock Connect

By Editors | 28/07/2019

A shares listed on the SSE Star Market will be eligible for northbound trading once relevant business and technical preparations are completed.

Securities / Derivatives

Hong Kong Cracks Down on Backdoor Listings, Shell Activities

By Editors | 28/07/2019

Effective from 1 October, new rules from HKEX will prohibit large disposals of businesses or assets by listed companies for three years following a change in control.

Securities / Derivatives

UPDATED – ASIC to Review Active ETF Rules on Market Making

By Editors | 26/07/2019

ASIC has asked market operators not to admit any managed funds that do not disclose their portfolio holdings daily and have internal market makers, while it undertakes a review of its regulatory settings.

Securities / Derivatives

Taiwan to Launch Intraday Odd-lot Trading in H2 2020

By Editors | 26/07/2019

Currently, odd-lot trading is only permitted after-hours. Allowing intraday odd-lots trades is expected to boost retail stock market participation and increase daily turnover.

Market Infrastructure

NSE Clearing Retains Dominance as Interoperability Kicks In – Report

By Editors | 25/07/2019

Trading members and custodians have largely selected NSE Clearing over ICCL to settle trades in the equity cash segment following the introduction of clearing corporation interoperability.

Enforcement

China Hands IPO Bans to 139 Funds on STAR Market Violations

By Editors | 25/07/2019

The funds were handed bans of 6 and 12 months for making IPO applications for shares on Shanghai’s new tech board that exceeded the size of their investments.

Market Infrastructure

BSE, SSE to Explore Dual Listings, Offshore RMB Products

By Editors | 23/07/2019

BSE India and the Shanghai Stock Exchange have agreed to develop communication channels to facilitate cross-border capital market cooperation.