Securities / Derivatives

Securities / Derivatives

Pakistan Stock Exchange Set to Launch New Trading System

By Manesh Samtani | 19/10/2021

The system, acquired from the Shenzhen Stock Exchange, was first scheduled to be implemented in March 2021. The launch is now expected within October.

Enforcement

NZ FMA Censures Jarden Securities for Client Money Breaches

By Editors | 19/10/2021

OM Financial, which amalgamated with Jarden in March 2021, transfered its own money into the trust account designated to hold investor money.

Crypto / Digital Assets

ASIC Seeks Extension of CFD Product Intervention Order to 2031

By Sanday Chongo Kabange | 18/10/2021

ASIC says there were 45 percent fewer loss-making retail client accounts and losses were smaller as a result of its October 2020 product intervention order.

Securities / Derivatives

Tokyo Stock Exchange Plans to Extend Trading Hours – Report

By Editors | 18/10/2021

Japan’s trading day runs for just five hours each day, an outlier among major markets. The bourse will reportedly propose a 30-minute extension.

Securities / Derivatives

HKEX Launches First China A-Share Futures Contract

By Editors | 18/10/2021

The contract is based on the MSCI China A 50 Connect Index, which tracks the performance of 50 key Shanghai and Shenzhen stocks available via Stock Connect.

Securities / Derivatives

Goldman Approved to Take Full Ownership of China Securities Unit

By Editors | 18/10/2021

Goldman Sachs becomes just the second US bank to gain full ownership of its Chinese entity, after JP Morgan in August.

Securities / Derivatives

China Set to Open More Derivatives to Foreign Investors

By Editors | 18/10/2021

Qualified foreign investors will be able to trade commodity futures, commodity options, and stock index options from 1 November.

Enforcement

HK Court Jails Former Convoy, Gransing Executives

By Editors | 17/10/2021

Former Convoy executives conspired to dishonestly arrange for bond placement commissions to be diverted to a company they substantially owned.

Fintech / Regtech

ICMA Launches Initiative to Standardise Repo Documentation

By Editors | 17/10/2021

ICMA will work to develop an industry-wide taxonomy and clause library for repo trade documentation to improve efficiency in debt markets.