Trading & Investment

Market Abuse

Merrill Lynch High Speed Trading Under KRX Scrutiny

By Garima Chitkara | 22/08/2018

The public expressed concern through online petitions to the President’s office over Merrill Lynch’s high frequency trading operations in Seoul.

Structural Regulation

A New Era for Sino-Foreign Securities JVs

By Benjamin Quinlan | 21/08/2018

For foreign players looking to set up a securities business in China, effectively monetising the JV opportunity isn’t so straightforward, and necessitates an in-depth understanding and review of strategic, regulatory, financial, and operational considerations.

Trading & Investment

SEBI Cuts Time for Listing Debt Securities in Half

By Garima Chitkara | 20/08/2018

India’s securities regulator has cut the timeline for listing debt securities from 12 to six days to streamline the issuance process and make it more cost effective.

Structural Regulation

Trump-Proposed Shift from Quarterly Earnings Reports Will Hurt Investors

By Peter Guy | 20/08/2018

President Trump’s proposal to shift earnings reporting from quarterly to just every six months will mean less transparency, which will be harmful to investors and the public.

Trading & Investment

Foreign Nationals in China Permitted to Directly Trade A-Shares

By Manesh Samtani | 16/08/2018

Foreign individuals working in China will be allowed to open domestic brokerage accounts to trade A-shares; foreign employees living abroad will be entitled to participate in employers’ stock incentive programmes.

Liquidity Risk

Philippines Eases Bond Issuance Rules for Banks

By Manesh Samtani | 15/08/2018

BSP circular says banks do not need prior approval of central bank to issue bonds and commercial papers and sets out eligibility criteria for issuers.

Market Abuse

NSE To Approach SEBI on Co-Location Case

By Garima Chitkara | 13/08/2018

The exchange will begin dialogue with the regulator on alleged misuse of its co-location facility; NSE chief says the exchange’s IPO is on hold until the resolution of this case.

Structural Regulation

Stock Connect ID System for Northbound Trades Slated for September Launch

By Editors | 13/08/2018

Northbound investor ID system is scheduled to be implemented on 10 September, pending market readiness and regulatory approval, and will not affect the business of existing market participants.

Trading & Investment

China Approves Asset Managers to Offer Target Pension Products

By Editors | 09/08/2018

Fourteen asset managers have received approval to launch pension target funds, which will improve A-share liquidity and offer consumers more pension management alternatives.