Securities / Derivatives

Securities / Derivatives

FIX Releases New Technical Standard on Cybersecurity

By Editors | 26/01/2018

The new technical standard specifies how to use TLS to secure FIX communications, expected to improve cybersecurity across the industry.

Market Infrastructure

South Korea to Introduce AI Market Monitor

By Samuel Riding | 26/01/2018

Korea Exchange says it will introduce AI system in July; could later expand to cover its secondary market, KOSDAQ.

Market Infrastructure

HKEX Says to Improve Risk Management in 2018

By Samuel Riding | 26/01/2018

Charles Li says HKEX to expand Shenzhen and Shanghai Stock Connect to include ETFs, but proposed Hong Kong-London equivalent on the backburner.

Securities / Derivatives

SZSE Reports ‘No Major Risks’ in 2017

By Editors | 24/01/2018

Exchange says risk assessments found more than 100 issues of concern but no major threats; to use big data, text mining to improve risk management.

Capital / Liquidity

IMF, World Bank Issue Reports on India Financial Supervision, Market Infrastructure

By Samuel Riding | 24/01/2018

Reports praise progress but suggest more can be done on governance at public sector banks, market infrastructure risk management, among other issues.

Enforcement

Singaporean Jailed for 4 Months for ‘False Trading’

By Editors | 24/01/2018

Mok Piak Liang convicted of manipulating share price to push up value of stock pledged to margin account and avoid having to top-up account by other means.

Securities / Derivatives

Banks Will Struggle if Prop Trading is Reintroduced

By Peter Guy | 22/01/2018

US banks lobbied hard for a rollback of the Volcker Rule and a return to proprietary trading to bolster profits. They will soon find that it’s now a different world.

Fintech / Regtech

SEC Refusal to Support Crypto-based ETFs Will Influence Asian Regulators

By Bradley Maclean | 22/01/2018

US regulator cited concerns around valuation and liquidity, among other issues; but comments made in rejection letter open path to eventual approval.

Market Infrastructure

LEIs: Asia Following the Rest of the World

By Tony Freeman | 18/01/2018

Firms in the region either embrace, endure or avoid MiFID II’s LEI requirement, but must accept that it’s not just regulations from the US which now have a profound extraterritorial impact.