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Coverage of regulatory developments, market trends, and operational standards across asset classes, financial products, and trading venues.

Trading & Investment
SEBI Modifies Dynamic Price Bands for Derivatives Scrips
By Ajoy K Das | 25/05/2024
SEBI modified a rule for adjustments to dynamic price bands for scrips in the derivatives segment.

Market Abuse
HK: Insider Trading Prosecution May Prompt Hedge Fund Closure
By Editors | 24/05/2024
“It is in the best interests of our investors to return their capital in an orderly manner,” a Segantii spokesperson said.

Supervision & Enforcement
CFTC Fines JPMorgan $200m Over Trade Surveillance Gaps
By Editors | 24/05/2024
Half of the penalty will be offset by resolutions made with the OCC and Federal Reserve Board in March.

Trading & Investment
India’s GIFT City Seeks Status as Global Commodity Trading Hub
By Editors | 23/05/2024
IFSCA has formed an expert committee to propose steps for making GIFT City a global commodity trading hub.

Trading & Investment
FSB Considers Ways to Enhance Resilience of CP and CD Markets
By Editors | 22/05/2024
CP and CD markets feature limited secondary market activity due to the buy-and-hold nature of these instruments, the FSB says.

Trading & Investment
UK Regulators Fine Citi Over Trader’s Mistake, Control Failings
By Editors | 22/05/2024
A trader inadvertently placed sell orders worth $444bn instead of $58 million. Citi’s electronic trading system generated additional erroneous orders.

Trading & Investment
Korea: FSS Head Considers Partial Lifting of Short Selling Ban
By Editors | 22/05/2024
FSS Governor Lee Bok-hyun said he personally wishes to allow short selling practices in June, at least partially.

Structural Regulation
FSC Korea Permits Daegu Bank to Convert Banking Licence
By Editors | 22/05/2024
Daegu Bank will be the first regional bank to convert into a nationwide bank. It will also be the first new commercial bank in 32 years.

Structural Regulation
SEBI Issues Framework for Managing Price Impact from Market Rumours
By Ajoy K Das | 22/05/2024
Listed entities are required to verify market rumours within 24 hours if these rumours cause a material price movement.

Trading & Investment
SEBI Proposes to Allow Indian MFs to Invest in Overseas Funds
By Ajoy K Das | 21/05/2024
Regulator to allow investments in overseas funds having a maximum exposure to Indian securities of 20 percent of net assets.
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