Securities / Derivatives

Market Infrastructure

CFTC Approves ASX Application for Direct Access to US Customers

By Garima Chitkara | 24/05/2018

ASX can provide direct access to US customers to trade on its platform; CFTC order part of its regulatory deference programme

Securities / Derivatives

India Consults on Opening Up Commodity Derivatives to Foreign Entities

By Garima Chitkara | 24/05/2018

SEBI consults on allowing foreign entities with direct exposure to Indian commodities into the commodities derivatives markets; FPI’s will not be allowed.

Market Infrastructure

NSE Takes Legal Action to Prevent SGX India Derivatives Launch

By Garima Chitkara | 24/05/2018

NSE is seeking to prevent SGX from launching India equity derivative products in June; NSE previously terminated its data sharing agreement with SGX for its Nifty futures offering.

Securities / Derivatives

SFC Introduces New Disclosure Rules for Discretionary Account Trading

By JP Reimann | 23/05/2018

SFC requires intermediaries to disclose incentives, trading profits arising from third party products; amendments to come into effect on 25 November 2018.

Market Infrastructure

Malaysia Implements Segregated Accounts for Bond Investors

By Manesh Samtani | 23/05/2018

BNM has operationalised segregated securities accounts for resident and non-resident investors in RENTAS debt securities using LEIs to identify transacting parties.

Capital / Liquidity

China Boosts Offshore RMB Liquidity as MSCI Inclusion Looms

By Garima Chitkara | 21/05/2018

PBOC allows offshore clearing banks to access mainland liquidity, cuts RMB reserve ratio of clearing banks to zero percent, among other measures.

Securities / Derivatives

SFC Expands Professional Investor Rules

By JP Reimann | 21/05/2018

SFC’s new professional investor rules will expand categories, amend qualification threshold starting from 13 July 2018.

Securities / Derivatives

London Exchange Releases Shanghai Trading Link Blueprint

By Manesh Samtani | 21/05/2018

London-Shanghai Stock Connect to start later this year; SSE companies worth over CNY20bn will be allowed to list up to 15% of total share capital in the UK.

Securities / Derivatives

Growing Liquidity Requirements, a Regulatory Hazard for Asset Managers

By Peter Guy | 21/05/2018

Asset managers resist bank-like capital and liquidity regulations being contemplated by regulators. But new requirements appear unavoidable given recent regulatory trends.