Securities / Derivatives

Securities / Derivatives

CSRC Mulls Loosening Restrictions on Stock Index Futures

By Garima Chitkara | 26/07/2018

CSRC Vice Chairman Fang Xinghai indicated in a speech in Shanghai that the regulator is looking to ease margin requirements and position limits on stock index futures trading.

Securities / Derivatives

SEBI Mulls Cap On Fund Distributor Commissions

By Garima Chitkara | 26/07/2018

India’s securities regulator will cap distributor commissions at 1.5-2% on debt funds and 4-5% on equity funds to prevent mis-selling of funds to consumers.

Securities / Derivatives

SFTR to Require Five Times More Reports Than Trades – DTCC

By Manesh Samtani | 26/07/2018

New paper highlights the impact of incoming securities finance trade reporting obligations on the industry including collateral supply, liquidity and operations.

Securities / Derivatives

SEBI to Force Large Corporates to Borrow through Bonds Market

By Manesh Samtani | 24/07/2018

New framework proposes that large corporates raise 25% of their borrowings through bonds, as regulators seek to decrease a reliance on bank financing and deepen India’s bond markets.

Securities / Derivatives

China Publishes Draft Rules on Bank WMP Business

By Emma Zhou | 23/07/2018

New rules are designed to standardise the sector including by strengthening supervision, preventing shadow banking risks, improving leverage controls and protecting investors’ interests.

Securities / Derivatives

Bangladesh to Introduce Alternative Trading Board

By Manesh Samtani | 21/07/2018

Officials say any equity, corporate bond, derivative or open-end mutual fund can be traded on the new platform, with no capital or disclosure requirements.

Securities / Derivatives

The Hong Kong-China Stock (Dis)Connect

By Peter Guy | 20/07/2018

The battle for large cap tech listings between HKEX and mainland exchanges ignited over Xiaomi this week, indicating that China’s strategic goal might be to prevent home-grown, multi-billion dollar “unicorn” companies from seeking listings on any overseas markets – including Hong Kong.

Securities / Derivatives

China Bourses Agree on Plan to Allow Trading in HK-Listed Dual Class Shares

By Manesh Samtani | 19/07/2018

HKEX, SSE, SZSE to set up joint working group to formulate supplementary rules for including dual class shares in Stock Connect southbound trading, following ‘special stability trading period’.

Enforcement

Korea Exchange to Boost Monitoring of Short Selling

By Garima Chitkara | 19/07/2018

KRX will launch punitive action for breach of short selling norms by Goldman Sachs and boost its monitoring of improper short selling.