Securities / Derivatives

Fintech / Regtech

US SEC Grants Nasdaq Approval to Launch AI-Powered Order Type

By Sanday Chongo Kabange | 14/09/2023

The order type enhances liquidity, execution quality improvement outcomes, and fill rates by adjusting dynamically to real-time market conditions.

Securities / Derivatives

SEBI Allows REIT, InvIT Unitholders to Nominate Board Members

By Editors | 13/09/2023

REIT and InvIT unitholders holding more than 10 percent of the units can nominate board members.

Enforcement

US SEC Charges Virtu For Not Protecting Confidential Customer Data

By Manesh Samtani | 13/09/2023

Virtu describes the lawsuit as retaliation for the company’s public criticism of the SEC’s market structure rule proposals.

Crypto / Digital Assets

MUFG Tokenisation Platform Elevated to National Infrastructure in Japan

By Manesh Samtani | 13/09/2023

Progmat Inc will be jointly owned by JPX and seven other companies including the major Japanese banks, and work to advance the development of the country’s digital asset market.

Enforcement

Thai SEC Charges Four Brokerage Execs for Stock Manipulation

By Mark Johnston | 13/09/2023

Criminal charges were filed against four executives of a brokerage firm, including its CEO, for manipulating prices during a 2018 IPO.

Securities / Derivatives

Taiwan to Tighten Rules on ETF Dividend Payouts – Report

By Mark Johnston | 13/09/2023

The FSC has received complaints from investors in high-dividend ETFs about the so-called ‘earnings equalisation mechanism’.

ESG / Sustainability

ASEAN Exchanges Agree on New Set of ESG Metrics

By Editors | 13/09/2023

Previously, Environment (E) and Social (S) metrics were developed. The exchanges have now agreed on complementary Governance (G) metrics.

Securities / Derivatives

India to Explore Allowing Domestic Firms to Directly List in London

By Editors | 13/09/2023

India’s government will explore the London Stock Exchange as an international destination for the direct listing of Indian companies.

Market Infrastructure

CME, DTCC Receive Approval for Cross-Margining Arrangement

By Editors | 13/09/2023

The arrangement will enable capital efficiencies for clearing members that trade and clear both US Treasury securities and CME Group interest rate futures.