Securities / Derivatives

Market Infrastructure

ISDA Offers Guidance on Cross-Border Application of Margin Rules

By Editors | 08/01/2020

The guide seeks to help firms subject to margin rules analyse multiple foreign rule sets, identify situations in which different rules apply, and improve understanding on substituted compliance.

Securities / Derivatives

ESMA Analyses Market Impact of Circuit Breakers

By Editors | 08/01/2020

ESMA’s study found that price volatility is significantly lower after the use of a circuit breaker, as intended, but that bid-ask spreads significantly increase after a trading halt.

Securities / Derivatives

Singapore Fund Managers See Opportunity in ESG Investing: IMAS

By Manesh Samtani | 08/01/2020

The 5th annual IMAS Investment Managers’ Outlook Survey shows that 2020 could be the biggest year yet for ESG investing for Singapore fund managers.

Securities / Derivatives

SFC Provides Licensing Guidance for PE Firms, Family Offices

By Editors | 08/01/2020

The SFC has issued two circulars clarifying how licensing obligations apply to the activities of PE firms and family offices in Hong Kong.

Securities / Derivatives

China Directs Local Gov’ts to Allow Bond Underwriting by Foreign Banks

By Editors | 07/01/2020

Local governments have been told to revise their procedures and remove restrictions to allow foreign-invested banks to participate in bond underwriting syndicates.

Securities / Derivatives

Taiwan Easing Rules to Encourage More Domestic Investment

By Editors | 07/01/2020

In March, the FSC will announce which banks qualify to issue new structured note products, after the regulator eased regulations on the investment targets they can be linked to.

Securities / Derivatives

CFETS to Launch Interest Rate Options Pilot in February

By Editors | 07/01/2020

Market participants must demonstrate adequate internal operating procedures and risk management systems are in place, and apply by 7 February to become interest rate option market trading members.

Securities / Derivatives

HKEX Chief Lays Out Vision for Decade Ahead

By Editors | 07/01/2020

Charles Li says HKEX will leverage the disruptive power of technology to enhance connectivity between China and the rest of the world in stock, bond and commodity markets.

Securities / Derivatives

RBI Expands Scope of Currency Derivatives Reporting Regime

By Editors | 07/01/2020

To date, the reporting framework only required banks to report currency derivatives transactions worth over $1mn. All transactions below this threshold now have to be reported.