Securities & Trading

CSRC representative says recent days have seen ‘unusual trading’ in some market segments and individual stocks.

Majority of respondents expect to follow multi-asset strategy in response to political pressures; managers also concerned about fintech disruption and compliance costs.

The new technical standard specifies how to use TLS to secure FIX communications, expected to improve cybersecurity across the industry.

Korea Exchange says it will introduce AI system in July; could later expand to cover its secondary market, KOSDAQ.

Charles Li says HKEX to expand Shenzhen and Shanghai Stock Connect to include ETFs, but proposed Hong Kong-London equivalent on the backburner.

Exchange says risk assessments found more than 100 issues of concern but no major threats; to use big data, text mining to improve risk management.

Reports praise progress but suggest more can be done on governance at public sector banks, market infrastructure risk management, among other issues.

Mok Piak Liang convicted of manipulating share price to push up value of stock pledged to margin account and avoid having to top-up account by other means.

US banks lobbied hard for a rollback of the Volcker Rule and a return to proprietary trading to bolster profits. They will soon find that it’s now a different world.

US regulator cited concerns around valuation and liquidity, among other issues; but comments made in rejection letter open path to eventual approval.