Securities / Derivatives

Market Infrastructure

NZX, Nasdaq Agree to Explore Cross Market Access

By Manesh Samtani | 12/09/2018

The exchanges will explore opportunities to promote dual listings, depository receipts, ETFs and broader market development initiatives.

AML / KYC

SEBI Changes Course on Foreign Investor KYC Requirements

By Garima Chitkara | 11/09/2018

SEBI may be going back on new rules restricting non-resident Indians and persons of Indian origin from investing in India via the FPI route.

Capital / Liquidity

SFC Proposal to Restrict Margin Lending Threatens Brokers’ Survival – Report

By Garima Chitkara | 11/09/2018

LegCo member Christopher Cheung met with SFC chairman Carlson Tong to represent broker concerns on potential margin lending restrictions.

Market Infrastructure

Thailand, Clearstream to Link Funds Platforms by Early 2019

By Manesh Samtani | 10/09/2018

The link will give international investors access to Thai funds and in due course provide Thai investors access to international funds markets.

Securities / Derivatives

China Eases Rules on Stock Buybacks to Boost A-Share Market

By Manesh Samtani | 10/09/2018

An increase in stock buybacks by listed companies will help stabilise the A-share market following year-to-date losses of near 20%.

AML / KYC

SEBI to Review KYC Rules for FPIs Amid Criticism from Fund Industry

By Garima Chitkara | 06/09/2018

SEBI says fund industry’s claims that new rules barring non-resident Indians from investing via the FPI route will lead to $75bn in outflows is “preposterous”, but has agreed to review the norms and provide recommendations.

Market Infrastructure

China Committed to Further Opening Up Bond Market – PBOC

By Garima Chitkara | 06/09/2018

PBOC deputy governor Pan Gongsheng said a number of reforms are in the pipeline to attract more foreign investors into to China’s bond market.

Securities / Derivatives

Taiwan to Introduce Continuous Trading for Equities in 2020

By Editors | 06/09/2018

Continuous trading will enable real-time trading by matching orders immediately; existing call auction mechanism collects orders over five seconds before matching occurs.

Big Picture

Increased Use of Futures in Asset Management Could Adversely Impact Market – Kuroda

By Garima Chitkara | 05/09/2018

Increased use of futures in ETFs and investment trusts, while desirable to deepen futures market, has the potential to create correlation and contagion risks among asset classes where none existed before.