Securities & Trading

Opening up bond futures trading to banks will improve volumes, liquidity, hedging tools, and price discovery across the broader bond market.

T+2 settlement to go live in Japan following working group discussions and the successful completion of operational checks.

Investors who own 5% or more of a listed company must disclose any ownership change within 5 days, a requirement that has prevented some institutional investors from exercising their voting rights.

Mutual funds will be allowed to trade exchange-traded commodity derivatives, but cannot invest in physical goods, except through gold ETFs.

The CSRC and PBOC are planning to launch pilot bond index mutual funds that can be traded either on stock exchanges or the interbank market.

The enhancement will provide investors greater flexibility during US market hours and improve risk management, HKEX says.

A former JP Morgan Securities managing director offered to employ the son of a potential client as a reward for "showing favour" in hiring the bank for IPO sponsor work.

The changes include enhanced repo market liquidity and flexibility, easier access to forex market, and an improved delivery mechanism for MGS futures settlements, among others.

Individual traders at Citigroup, Barclays, RBS, JP Morgan and MUFG exchanged sensitive information and coordinated spot FX trading strategies through online chatrooms.

Charges were laid against Cho Kwai Chee, a former director of Convoy Global Holdings, one of the companies said to be at the centre of the so-called 'enigma network'.