Securities / Derivatives

AML / KYC

ESMA Withdraws JSE Clear’s Recognition Decision

By Editors | 29/09/2023

JSE Clear will no longer be permitted to provide clearing services to clearing members or trading venues in the EU.

Securities / Derivatives

India Considers Allowing Trading in Fractional Shares – Report

By Mark Johnston | 29/09/2023

Fractional shares could simplify investing for India’s retail investors and help address the market entry challenges they currently face.

Securities / Derivatives

HKEX Allows Saudi Companies to Apply for Secondary Listings in Hong Kong

By Editors | 29/09/2023

Companies with a primary listing on the Saudi Exchange’s Main Market can apply for a secondary listing in Hong Kong.

Securities / Derivatives

FIA Issues Recommendations for Strengthening Cyber Resilience

By Manesh Samtani | 29/09/2023

The recommendations were developed based on input from a taskforce formed by FIA in March, in response to a ransomware attack against ION Markets.

Market Infrastructure

Hong Kong Preparing to Launch A50 Options, T-Bond Futures

By Manesh Samtani | 29/09/2023

Speaking at ISDA’s Derivatives Trading Forum, the SFC’s Ricco Leung said Mainland regulators support the launch of an A50 options contract in Hong Kong.

Securities / Derivatives

Philippine SEC Eases Disclosure Rules for Public Offerings

By Mark Johnston | 28/09/2023

The “streamlined procedures” are part of the SEC’s efforts to encourage more companies to tap the capital markets.

Fintech / Regtech

HKEX Confirms Launch Date for New IPO Settlement Platform

By Editors | 28/09/2023

The new platform, FINI, will shorten the time between the pricing of an IPO and the trading of shares from T+5 to T+2.

Market Infrastructure

Korea to Open Access to Interbank FX Market Next Month

By Manesh Samtani | 28/09/2023

Foreign financial institutions without a branch in Korea will be able to trade in the domestic FX market through local forex brokers.

Market Infrastructure

SEBI Considers NSE Proposal to Add Night Session for Equity Derivatives

By Manesh Samtani | 28/09/2023

NSE is seeking to first extend its trading hours for index futures and options, followed by single stock options and other products in later phases.