Market Infrastructure

Market Infrastructure

NSE, SGX Reach Agreement on India Derivatives

By Editors | 01/04/2019

NSE and SGX have reportedly finalised an agreement that will enable SGX to offer trading in Nifty derivatives to Singapore investors through a special purpose vehicle operating as a broker at GIFT City.

Market Infrastructure

EU, Singapore Adopt Decision to Mutually Recognise Derivatives Venues

By Editors | 01/04/2019

The European Commission recognises Singapore trading venues as MiFIR-compliant; MAS has exempted EU trading facilities from its markets licensing requirements.

Market Infrastructure

ESMA Urges Readiness for End-May EMIR Refit Adoption

By Manesh Samtani | 01/04/2019

Counterparties should start collecting the data they will need in May to perform calculations to determine whether they are subject to the clearing obligation.

Market Infrastructure

TMA Consults on HONIA, Hong Kong’s Alternative Rate for HIBOR

By Manesh Samtani | 01/04/2019

The Treasury Markets Association is proposing technical refinements to HONIA to enhance its robustness and representativeness as an alternative reference rate to HIBOR.

Capital / Liquidity

Vijaya, Dena Banks Start Operating as Bank of Baroda Branches

By Editors | 01/04/2019

The state-backed three-way merger of Vijaya Bank, Dena Bank and Bank of Baroda has taken effect, creating India’s third largest lender.

Market Infrastructure

SEBI Updates Disaster Recovery Guidelines for Market Infrastructures

By Editors | 01/04/2019

Stock exchanges, depositories and clearing corporations must have in place business continuity plans and disaster recovery policies that ensure ‘zero data loss’

Market Infrastructure

Automated Trading Does Not Impact End-of-Day Volatility – CFTC

By Editors | 01/04/2019

A new report reveals that the rise of automated orders has not resulted in a systematic increase in end-of-day price volatility over a 6 year period.

Market Infrastructure

China Approves JP Morgan, Nomura Securities Joint Ventures

By Editors | 01/04/2019

JP Morgan and Nomura have been given regulatory approval to set up new majority owned securities joint ventures in China.

Market Infrastructure

HKMA Ups the Competency Bar for Credit Risk Management

By Editors | 31/03/2019

The HKMA – in collaboration with the HKIB and banking sector – has published a new framework aimed at enhancing professional competencies in the credit risk management function.