Securities / Derivatives

Enforcement

CFTC Imposes Fine on Mizuho Bank in Spoofing Case

By Editors | 25/09/2018

A trader placed multiple large orders on CME and CBOT futures contracts from Mizuho’s Singapore office with no intention of executing them.

Securities / Derivatives

China Allows Direct Stock Investment with WMP Funds

By Garima Chitkara | 24/09/2018

The move is aimed at increasing investment into Chinese equities even as regulators take steps to reduce the risk posed by such products to bank balance sheets.

ESG / Sustainability

Hong Kong Lays Out Road Map for Green Finance Development

By Garima Chitkara | 24/09/2018

The SFC will require better environmental and climate risk disclosures by listed companies and asset managers, and will work with HKEX to promote green financial products.

Securities / Derivatives

SGX Proposes New “Trade at Close” Session for Securities Market

By Editors | 24/09/2018

New five-minute trading session will allow participants to execute fixed-price orders at the closing auction price; consultation open until 11 October.

Securities / Derivatives

India’s NSE Signs MoU with London Stock Exchange

By Editors | 23/09/2018

The agreement seeks to create a dual listing mechanism for masala and foreign-currency bonds issued by Indian companies.

Enforcement

China Details Penalties for Bond Underwriting Kickbacks

By Garima Chitkara | 21/09/2018

The CSRC will ban or impose penalties on firms engaging that help companies with low creditworthiness issue debt in exchange for under-the-table payments.

Enforcement

OSE, TSE Discipline MUFG Brokerage Unit for JGB Futures Manipulation

By Editors | 21/09/2018

Latest disciplinary action follows a FSA fine earlier this year, after a dealer manipulated the JGB futures market using the firm’s proprietary trading account.

Securities / Derivatives

KRX Obtains SEC Class Relief on Index, Stock Options

By Editors | 20/09/2018

Korea Exchange members can now directly market options on local indexes and 31 individual stocks to US institutional investors.

Securities / Derivatives

India Allows Foreign Investment In Commodity Derivatives

By Garima Chitkara | 20/09/2018

Foreign investors with direct exposure to commodities can trade commodity derivatives in India. BSE and NSE to start offering commodity derivatives from 1 October.