SECURITIES / DERIVATIVES

Securities / Derivatives

ASX Proposes Changes to Default Management Rules

By Editors | 04/12/2024

ASX proposes amendments to enable ASX Clear to auction off a defaulted clearing participant’s cash and derivatives market positions.

Securities / Derivatives

TPEx to Launch Co-branded Indices With ICE Data Indices

By Editors | 04/12/2024

New index-based products are expected to be launched in Q1 2025, providing Taiwan investors with a broader selection of passive investment options.

Capital / Liquidity

Bank of Korea Pledges ‘Unlimited’ Liquidity to Keep Markets Stable

By Manesh Samtani | 04/12/2024

The central bank pledged to keep financial markets stable after the President unexpectedly declared and then rescinded martial law.

Market Infrastructure

US SEC Approves First ‘Around the Clock’ Stock Exchange

By Editors | 03/12/2024

The SEC will allow 24X National Exchange to start offering US daytime trading and later add overnight trading if certain requirements are met.

Big Picture

IOSCO Offers ‘Toolkits’ to Address Changing Nature of Exchange Models

By Thisanka Siripala | 03/12/2024

New report offers recommendations to help regulators improve supervision of exchanges, which are becoming increasingly global and venturing into non-traditional services.

Market Infrastructure

HKEX Advancing Work to Add Repo, CDS to Swap Connect

By Georgina Lee | 03/12/2024

HKEX’s Jacky Mak said the exchange operator is working to expand the scope of Swap Connect to include cross-border repo contracts and credit default swaps.

Enforcement

MAS Fines JPMorgan Over Misconduct by Relationship Managers

By Nithya Subramanian | 03/12/2024

JPMorgan relationship managers misrepresented the price components in OTC bond transactions and overcharged clients.

Securities / Derivatives

Taiwan Shortens Auction Interval for Odd-Lot Trading

By Manesh Samtani | 03/12/2024

The auction interval was shortened from one minute to just five seconds, effective 2 December, to match the quotation interval.

ESG / Sustainability

Singapore’s Top Companies Lead Global Sustainability Efforts: KPMG

By Nithya Subramanian | 03/12/2024

KPMG survey finds all of Singapore’s top 100 companies report on sustainability. However, challenges remain that warrant further attention.