Trading & Investment

Structural Regulation

Japan FSA Issues New Guidance on Asset Manager Registration

By Editors | 14/01/2020

The guidebook is aimed at facilitating the smooth entry of asset management and other financial instruments businesses into Japan’s capital markets.

Clearing & Post-Trade

Indian Stock Exchanges Introduce Cross Margining Facilities

By Editors | 13/01/2020

NSE launched the cross-margining facility from Friday (10 January), whereas BSE India will introduce it from Wednesday (15 January).

Structural Regulation

JP Morgan Applies for Control of China Futures Business

By Editors | 10/01/2020

The application to take a majority stake in Guangdong-based JPMorgan Futures follows the removal of the foreign ownership limit for futures companies on 1 January 2020.

Structural Regulation

ESMA Grants LEI Reporting Relief to Non-EU Issuers Under SFTR

By Editors | 09/01/2020

ESMA has granted non-EU issuers of securities and collateral a 12-month grace period before they are required to report LEIs under SFTR.

Trading & Investment

ASX Consults on Changes to Trade Cancellation Policy

By Editors | 09/01/2020

ASX proposes to amend its trade cancellation policy for ASX 24 options and for the 20 Year Bond Futures contract to provide participants greater flexibility.

Trading & Investment

CSRC to Allow Fund Managers to Invest in NEEQ Stocks

By Editors | 08/01/2020

To trade NEEQ stocks, fund managers should have investment and research capabilities, and strong liquidity risk management, due diligence and internal control systems.

Trading & Investment

RBI Allows Banks to Offer FX Trading Beyond Market Hours

By Editors | 08/01/2020

The move is aimed at improving the ability of market participants to hedge currency risk in the onshore rupee market to boost domestic trading volumes.

Structural Regulation

HKEX Updates Rules for Southbound Investor Identification Regime

By Editors | 08/01/2020

The rule update requires the China broker to keep records of all submitted orders, SEHK trades and related client instructions for a minimum of 20 years.

Trading & Investment

ESMA Analyses Market Impact of Circuit Breakers

By Editors | 08/01/2020

ESMA’s study found that price volatility is significantly lower after the use of a circuit breaker, as intended, but that bid-ask spreads significantly increase after a trading halt.