Securities & Trading

The change is expected to improve latency, deliver higher performance, and provide greater flexibility to implement new functionalities in the future.

Southbound trading under Bond Connect will have an initial daily quota of CNY 20 billion and an annual quota of CNY 500 billion.

Digital Asset, VMware, Macquarie Capital Securities and Maybank Investment Bank will participate in the dematerialisation proof-of-concept.

The draft rules cover issuance and listing rules, audit rules, and rules for refinancing and major asset reorganisations of listed companies.

Fractional trading is expected to become available within this year for foreign stocks, and in Q3 2022 for domestic stocks, the FSC said.

The additional New Deal fund will be financed through 80bn won in investments from the private sector and 20bn won from the government.

The investor advisory committee recommended increased enforcement of existing disclosure rules for SPACs, including in relation to the sponsor's role.

The dealer’s representatives engaged in discretionary trading without proper authorisation, causing "significant losses" to a client.

A paper by Citadel Securities, NYSE, Nasdaq, MIAX, MEMX, and BOX says exchanges can provide an additional layer of protection on top of broker-dealers' own risk controls.

The change will reduce the burden of raising funds for foreign companies and help boost the competitiveness of Thai capital markets, the SEC said.