Markets & Infrastructure

Clearing & Post-Trade

FIA Updates CCP Risk Management Framework After Nasdaq Member Default

By Garima Chitkara | 29/11/2018

The industry body has updated its 2015 framework for CCP risk management to include more robust and transparent margining and higher skin in the game.

Trading & Investment

ISDA Releases Preliminary Results on Benchmark Fallbacks Consultation

By Garima Chitkara | 28/11/2018

ISDA will likely look to the ‘compounded setting in arrears rate’ and the ‘historical mean/median approach’ to spread adjustment for RFRs that will replace discontinued IBORs.

Clearing & Post-Trade

SEBI Issues Guidelines on Clearing Corporation Interoperability

By Editors | 28/11/2018

India’s clearing corporations will have to enter into agreements establishing links between each other, as well as links to each trading venue, to operationalise the framework by June 2019.

Structural Regulation

HKIFA Seeks Loosening of HK-China MRF Restrictions

By Editors | 27/11/2018

The industry association has been working with EY on proposals aimed at making it easier to distribute Hong Kong-based funds into China through the mutual recognition scheme.

Structural Regulation

India’s Large Corporates Mandated to Issue Bonds for Financing

By Editors | 27/11/2018

SEBI’s new framework requires large corporates to raise at least 25% of their financing through debt securities issuances, to reduce reliance on bank funding and boost the bond market.

Market Abuse

Tokyo Bourse to Probe Nissan over Former Chairman’s Alleged Misconduct

By Editors | 27/11/2018

The Tokyo Stock Exchange will examine Nissan’s internal controls and consider punitive penalties including possible delisting, amid allegations of financial misconduct by its former chairman.

Trading & Investment

Regulatory Winds Reshaping Australian Retail Trading

By Anthony Griffin | 27/11/2018

Whether offering OTC derivatives, forex or cryptocurrency, retail trading platforms must put client interests front and centre, says OANDA’s Anthony Griffin.

Trading & Investment

Malaysia to Allow Diversified Range of ETF Products

By Editors | 27/11/2018

New guidelines seek to boost retail investor participation in the ETF market by facilitating greater product innovation and allowing for the issuance of a more diversified range of ETFs.

Clearing & Post-Trade

Indonesia Moves to T+2 Stock Settlement

By Editors | 27/11/2018

Indonesia becomes the second Southeast Asian country to implement T+2 settlement, in a move that is expected to improve liquidity, reduce settlement risk and boost foreign participation.