Securities & Trading

Citigroup's London office allegedly placed large orders in the 10-year JGB futures market outside of Japanese trading hours that were not executed, but may have mislead investors.

The amended determination for Japan finds comparability regarding the scope of entities subject to the margin requirements, and the treatment of margining for inter-affiliate transactions.

The simulation platform will operate off-market hours and allow investors to familiarise themselves with the new system, which is set to be launched in March 2020.

Bangladesh's securities regulator is reportedly formulating new rules to facilitate trading of derivatives and sukuk, while it also considers changes to enhance private placement regulations.

The Margin Transit Utility provides straight-through-processing and centralised communications and settlement instructions for collateral transfer.

The stock trading tax will be cut on the KOSDAQ, KOSPI and KONEX. Capital gains taxes on stock transactions to also be changed.

JPX and TOCOM plan to merge this year to create an all-in-one bourse that handles both stocks and commodity futures, but challenges will remain even after a final agreement is reached.

Former Ipco International interim CEO Goh Hin Calm was sentenced to three years imprisonment for his role in the 2013 multi-billion-dollar penny stock crash.

The ISDA Common Domain Model for interest rate and credit derivatives has been published, part of a push to standardise global derivatives trading and automate market practices.

The prohibition orders as part an investigation into suspicious trading which appeared to create a false market in China Ding Yi Feng shares leading to an "irrationally high share price".