Securities / Derivatives

Securities / Derivatives

Bangladesh Exchanges Lobby for Lower Taxes to Spur Capital Market

By Editors | 08/04/2019

The Dhaka and Chittagong stock exchanges have asked for tax cuts on dividends, bonds, stock transactions, and their own income, in a bid to catalyse Bangladesh’s capital markets.

Securities / Derivatives

RBI to Allow Non-Residents to Trade Interest Rate Derivatives

By Editors | 07/04/2019

Under draft rules, non-resident retail investors can hedge through interest rate derivatives; non-retail investors can participate for other specified purposes.

Securities / Derivatives

Over 40 IPO Applicants Accepted for Shanghai’s New Board

By Editors | 07/04/2019

Of the 50 listing applicants so far, 41 have been accepted and will have to through a second stage of audit and inquiry. The other 9 have been sent inquiry letters.

Securities / Derivatives

Merger Benefits Diminished Under Existing JPX-TOCOM Plan

By Editors | 07/04/2019

The current plan to keep crude oil and petroleum products on TOCOM will diminish the benefits of the planned merger with JPX.

Capital / Liquidity

SFC Finalises Guidelines on Securities Margin Lending

By Editors | 05/04/2019

The guidelines will take effect in October, requiring brokers to limit margin lending to five times their capital, among other controls to reduce excessive leverage.

Securities / Derivatives

S. Korean May Allow Fintechs to Enter Brokerage Business

By Editors | 05/04/2019

The biggest barrier to entry for fintech firms will be the capital regulations imposed on existing brokerage firms.

Securities / Derivatives

China to Open Stock Index Futures to Foreign Investors

By Editors | 04/04/2019

Overseas investors may get access to mainland stock index futures under the QFII and RQFII programmes. No details revealed about quota arrangements.

Market Infrastructure

SWIFT Sees Growing ISO 20022 Adoption in Asia Pacific

By Manesh Samtani | 03/04/2019

SWIFT has released a new report on the state of adoption of the ISO 20022 financial messaging standard among Asia Pacific securities market infrastructures.

Enforcement

SEBI Proposes SRO Nomination Plan for Mutual Fund Distributors, Advisers

By Editors | 02/04/2019

A consultation proposes the creation of a nomination committee comprising external experts to recommend a self regulatory organisation for mutual fund distributors and advisers to curb mis-selling.