Trading & Investment

Trading & Investment

Malaysia to Lift Short Selling Ban, Intraday Ban to Remain

By Editors | 17/12/2020

The dynamic and static price limits and revised circuit breaker mechanism implemented in July will be extended. Margin financing flexibilities for brokers will remain in place.

PEPs & Sanctions

MSCI, Nasdaq Announce Removal of Chinese Companies from Indices

By Editors | 17/12/2020

MSCI, Nasdaq, S&P Dow Jones Indices and FTSE Russell have now all announced the removal of Chinese companies from their indexes to comply with last month’s executive order.

Trading & Investment

China’s DCE to Start Trading Hog Futures in January

By Editors | 15/12/2020

The CSRC has announced a launch date of 8 January 2021 for live hog futures to start trading on the Dalian Commodity Exchange.

Supervision & Enforcement

ASIC Sues Three Firms For Illicitly Offering FX Margin Trading

By Sanday Chongo Kabange | 15/12/2020

ASIC alleges Union Standard provided trading in margin FX products to clients in China in circumstances where it was illegal for Chinese residents to deal or trade in those products.

Trading & Investment

Bursa Malaysia, Shenzhen Bourse Cross-Promote Indices

By Editors | 14/12/2020

Bursa and the SZSE will each display three key indices from each other’s market, as part of efforts to increase visibility and create opportunities for cross-border investment.

Market Abuse

South Korea to Punish Illegal Short Sellers with Jail Time

By Editors | 13/12/2020

Under a revision bill that could take effect by Q2, naked short sellers will face up to a year in jail or up to five times profits on a trade.

Trading & Investment

SGX to Promote China Bond Markets, MAS Registers Shanghai Office

By Editors | 13/12/2020

A series of MOUs to deepen collaboration in financial services and innovation were announced at the 2nd Singapore-Shanghai Comprehensive Cooperation Council meeting on Friday.

PEPs & Sanctions

S&P DJI Announces Removal of Chinese Companies from Indices

By Editors | 13/12/2020

The move follows last month’s executive order prohibiting US persons from purchasing securities of companies identified as being owned or controlled by China’s military.

Structural Regulation

Singapore Set Out Timelines for Full Discontinuation of SIBOR

By Manesh Samtani | 11/12/2020

The one-month and three-month SIBOR will be discontinued by end-2024. The discontinuation of the six-month SIBOR may depend on the timing of cessation of USD LIBOR.