SECURITIES / DERIVATIVES

Securities / Derivatives

Marketnode Set to Launch New Funds Settlement Infrastructure

By Editors | 04/06/2024

Fundnode will be ready within June with a network of partners including fund managers, wealth managers, and private banks.

Securities / Derivatives

HKSCC to Enhance Settlement Process for Dual Counter Securities

By Manesh Samtani | 04/06/2024

HKSCC intends to eliminate the need for manual inter-counter transfers in CCASS during settlement of securities traded in multiple currencies.

Securities / Derivatives

SEBI to Review Ownership Structures of Clearing Corporations

By Ajoy K Das | 03/06/2024

An expert committee will review whether majority ownership of clearing corporations by stock exchanges remains appropriate.

Securities / Derivatives

MAS Issues Guidelines for New Derivatives Reporting Regime

By Manesh Samtani | 03/06/2024

The guidelines focus on UTI generation and reporting, as well as re-reporting of contracts that haven’t yet matured when the new regime takes effect.

Fintech / Regtech

ESMA Issues Guidance on Use of AI by Investment Firms

By Nithya Subramanian | 03/06/2024

The guidance focuses on the organisational, conduct of business, and best interest requirements under MiFID II.

Securities / Derivatives

SET Proposes Measures to Curb Inappropriate Trading Behaviours

By Editors | 03/06/2024

The measures are aimed at strengthening market supervision and promoting transparency and fairness for all investors, the SET said.

Enforcement

CSRC Imposes Record Fine on Evergrande’s Flagship Unit

By Mark Johnston | 01/06/2024

The CSRC fined Hengda Real Estate $577mn and banned Evergrande’s founder from the securities market for life.

Securities / Derivatives

SEBI Reduces Approval Time to Offer Online Trading

By Ajoy K Das | 01/06/2024

Stock brokers will only have to wait 7 calendar days to receive a decision from stock exchanges about approval to offer internet-based trading services to clients.

Crypto / Digital Assets

UK Sees Launch of First Six Crypto ETN Products

By Editors | 31/05/2024

21Shares and WisdomTree launched a total six ETNs on the LSE, which are fully backed by physical holdings of Bitcoin or Ethereum.