Trading & Investment

Trading & Investment

New US Exchange MEMX Postpones Launch for Additional Testing

By Sanday Chongo Kabange | 03/09/2020

Wall Street-backed MEMX will begin trading in six symbols on 21 September before trading all National Market System stocks on 29 September.

Structural Regulation

DBS Approved to Establish Securities Joint Venture in China

By Editors | 02/09/2020

DBS has become the eighth foreign financial institution to win approval to take majority ownership of a securities venture in China.

Structural Regulation

SEHK to Codify General Waivers to Streamline Listing Process

By Editors | 02/09/2020

Hong Kong’s stock exchange will codify a number of general waivers and principles relating to IPOs and issuers, effective from 1 October 2020.

Trading & Investment

India: New Cash Segment Margin Rules Take Effect

By Editors | 01/09/2020

India’s brokers association had asked for additional time for firms to implement system changes and address operational challenges. SEBI refused the request.

Trading & Investment

Tokyo Stock Exchange to Pilot Test RFQ Functionality

By Editors | 01/09/2020

The initiative is aimed at making ETF trading more efficient by connecting institutional investors, securities companies, and market makers more closely.

Structural Regulation

Singapore: SOR Fallback Rate to Only be Available Temporarily

By Manesh Samtani | 01/09/2020

Fallback Rate (SOR), the primary fallback reference rate for SOR derivatives, will be permanently discontinued about three years following the fallback trigger.

Trading & Investment

KBank, CIMB Thai Complete First OIS Trade Referencing THOR

By Editors | 01/09/2020

KBank and CIMB Thai Bank completed the first overnight indexed swap derivatives transaction referencing Thailand’s new reference rate on Monday.

Cloud & Infrastructure

China Securities Firms to Differentiate with Fintech: KPMG

By Editors | 01/09/2020

Model differentiation and consolidation are expected to be key trends for China’s securities industry going forward, according to a new report from KPMG.

Trading & Investment

Bloomberg, CFETS Jointly Launch CIBM-Direct RFQ Service

By Editors | 01/09/2020

The new electronic trading service further facilitates global investors’ access to trade onshore Chinese bonds with onshore market makers in the interbank market.