Trading & Investment

Trading & Investment

PBOC Approves Development of ‘Standardised Notes’

By Editors | 20/08/2019

Standardised notes are tradable beneficiary certificates backed by a pool of commercial paper or bankers’ acceptances with similar maturities.

Trading & Investment

Treasurers and the Libor ‘Pre-Cessation’ Trigger

By CorporateTreasurer | 20/08/2019

Financial firms can’t seem to come to an agreement on the unofficial “pre-cessation” trigger that will signal the beginning of the end for Libor. Meanwhile, SOFR faces some controversy.

Trading & Investment

ASX to Move Bank Bill Futures to Cash Settlement

By Editors | 19/08/2019

It is widely believed that cash-settled contracts will increase trading activity and liquidity into and throughout expiry, and result in lower risk of failed settlement.

Trading & Investment

HKEX Proposes Changes to Pre-Open Session, Volatility Controls

By Editors | 19/08/2019

The proposals aim to improve market liquidity and global competitiveness of the Hong Kong market, HKEX says in a new consultation paper.

Trading & Investment

Malaysia Liberalises FX Hedging Framework

By Editors | 19/08/2019

The policy move is aimed at providing greater flexibility and efficiency in foreign exchange risk management and business operations.

Liquidity Risk

Respondents ‘Broadly Supportive’ of New RMBS Framework: RBNZ

By Editors | 16/08/2019

The RBNZ says submissions to its November consultation were broadly supportive of the proposed new standard for mortgage bonds – the RMO framework.

Trading & Investment

Shanghai to Allow Multinational Firm Employees to Trade A-Shares

By Editors | 15/08/2019

The initiative is aimed at encouraging more multinational companies to set up their regional headquarters in Shanghai, which seeks status as a global financial centre.

Alternative Markets

Myanmar to Set Up Alternative Market for Unlisted Companies

By Editors | 14/08/2019

The so-called ‘Myanmar Public Companies Board’ will serve as a stepping stone for domestic companies to list on the YSX, which still lists only 5 companies.

Conduct, Culture & Accountability

FSS Korea to Probe Major Banks for Mis-sold Financial Products

By Editors | 14/08/2019

Woori, KEB Hana and Shinhan are subject to the FSS investigation for selling high-risk private equity investment products and derivative-linked securities.