Securities & Trading

HK exchange looking to establish new trading rules, including rebates, simplified collateral regulations and removal of 10bp stamp duty charge.

The unbundling of research costs will not only create more transparency but usher in a collapse and change in banking research.

FSA's move towards ‘dynamic supervision’ includes scrapping inspection manuals, restructuring governance, internal structure and HR policy.

Informal transactions will no longer be allowed; market participants will need to sign written agreements.

Stock transaction tax increased 20% from 1 January 2018; change in timeline took exchange by surprise.

Individual exchanges will be able to host equity, equity derivative, commodity derivative, currency derivative, interest rate future and debt instruments.

Centralising counterparty risk at a clearinghouse will make derivative products offered by Indonesian financial institutions more competitive.

Securities regulator increases net worth requirement for agencies, requires separate legal entities for ‘non-core business’.

Only two Hong Kong-listed stocks have sufficient EU volume to comply with MiFIR trading obligations.

Exchange says move will boost trading speeds, bring Taiwan up to speed with international standards and regulations.