Trading & Investment

Trading & Investment

SGX Adds RFQ Functionality for FX Derivatives on OTC Platform

By Editors | 03/10/2021

The RFQ function allows market participants to negotiate and transact block trades in FX futures and options on the Titan OTC Pro platform.

Payments & Settlements

Hong Kong Capital Market to Increase Use of RMB

By Manesh Samtani | 02/10/2021

HKMA chief Eddie Yue speaks of expanding the use of the RMB in Hong Kong stock market trading and a multi-year programme to enhance the CMU.

Trading & Investment

CFTC Penalises Interactive Brokers Over Negative Oil Prices

By Editors | 02/10/2021

Interactive Brokers was penalised for not adequately preparing for and configuring its electronic trading system to recognise negative prices on 20 April 2020.

Structural Regulation

CBIRC to Adopt New Filing System for Insurance Funds

By Editors | 02/10/2021

The new record-filing system will boost the efficiency of product issuance, allowing registration results to be issued within five working days.

Trading & Investment

SEBI Approves Proposals for Gold Exchange, Social Stock Exchange

By Editors | 01/10/2021

SEBI will allow trading in electronic gold receipts. A social stock exchange will be created. Regulations on related party transactions have been strengthened.

Structural Regulation

ISDA to Change BSBY, Ameribor Fallback Language

By Manesh Samtani | 30/09/2021

The FCA said the current fallback language for credit sensitive rates puts market participants at risk of breaching their obligations under BMR.

Structural Regulation

FCA Consults on Permitted Use of Synthetic LIBOR Rates

By Manesh Samtani | 29/09/2021

The FCA proposes to permit legacy use of synthetic GBP and JPY LIBOR in all contracts except cleared derivatives for the duration of 2022.

Structural Regulation

PCAOB Adopts Rule on Delisting ‘Non-compliant’ Chinese Firms

By Sanday Chongo Kabange | 29/09/2021

The new rule could result in mass delistings of Chinese companies from the US market in 2024 unless the PCAOB is granted access to inspect Chinese audits.

Trading & Investment

20 HK Banks Apply to Participate in Wealth Connect – Report

By Editors | 28/09/2021

Balanced funds, money market funds, equity and bond funds are reportedly among the more than 100 types of investment funds awaiting the HKMA’s approval.