Securities / Derivatives

Securities / Derivatives

TWSE Launches New Platform to Promote ETF Market

By Editors | 23/08/2023

The so-called ‘ETFortune’ platform provides investors with information about the ETF market and allows them to screen funds based on investment strategy.

Enforcement

Two Former JPMorgan Traders Jailed on Spoofing Charges

By Editors | 23/08/2023

Gregg Smith was sentenced to two years in prison, while Michael Nowak was sentenced to one year and one day in prison.

Enforcement

SFC Issues Fine for Trade Surveillance, Record-keeping Failures

By Editors | 22/08/2023

Alert review records were missing for over 14,000 alerts. Client call records were missing for more than 1,000 orders.

Capital / Liquidity

SGX RegCo Issues Alert Against Dasin Retail Trust

By Sanday Chongo Kabange | 22/08/2023

An individual apparently bought units to push up the price of Dasin Retail Trust, a China retail property trust providing exposure to the GBA.

Market Infrastructure

India’s Finance Minister Reviews Progress of GIFT City

By Mark Johnston | 22/08/2023

Nirmala Sitharaman reviews GIFT City’s progress, saying a legal framework for accounting, auditing, and taxation professionals will soon be in place.

Capital / Liquidity

Tokyo Bourse Approves Japan’s First Active ETF Listings

By Editors | 22/08/2023

Two active ETFs, both managed by Nomura Asset Management, will list on the Tokyo Stock Exchange on 7 September.

Enforcement

SFC Fines Changjiang Corporate Finance for Sponsor Failures

By Editors | 21/08/2023

The company is prohibited from acting as a sponsor for listing applications in Hong Kong for one year, potentially longer if deficiencies are not addressed.

Securities / Derivatives

FSB Launches Review to Assess MMF Reform Progress

By Editors | 21/08/2023

The objective of the review is to take stock of the progress made by jurisdictions to assess and address money market fund vulnerabilities.

Securities / Derivatives

Abaxx Seeks to Launch World’s First Nickel Sulphate Futures in Singapore

By Mark Johnston | 21/08/2023

Nickel sulphate is a key ingredient of EV batteries. The launch of the new futures contract is subject to review by MAS.