Trading & Investment

Trading & Investment

China Eases QFII, RQFII Restrictions

By Garima Chitkara | 13/06/2018

China removes 20% redemption caps and the three-month lock-in period for QFII and RQFII investors, making it easier for foreign investors to move funds out of China.

Trading & Investment

Hong Kong, Japan to Cooperate on Commodity Market Development

By Manesh Samtani | 12/06/2018

HKEX and Tokyo Commodity Exchange MoU to promote cooperation through information exchanges, staff exchanges, product development and joint promotion.

Structural Regulation

China Consults on Financial Sector Foreign Investment Caps Removal

By Garima Chitkara | 11/06/2018

CBIRC says it will on remove caps on foreign investment in domestic banks and asset management companies and do away with special rules for foreign investors in China.

Trading & Investment

UPDATED – China Allows CDR Listing On The Mainland

By Garima Chitkara | 11/06/2018

China’s securities regulator released rules for the issuance of China Depository Receipts, allowing overseas listed firms to access domestic investors; Xiaomi becomes first applicant for CDR listing.

Market Abuse

S. Korea Regulator Probes Goldman Sachs for Short-Selling Settlement Failures

By JP Reimann | 11/06/2018

Goldman Sachs Seoul branch unable to buy back stock which it had sold short, indicating borrowed stocks were not in its possession at the time of short selling.

Trading & Investment

SEBI Unveils New Requirements for Funds to Boost Retail Investment

By Garima Chitkara | 07/06/2018

India’s markets regulators has slashed total expenses by 15 basis points to encourage more retail investors to buy mutual funds; also requiring increased disclosures on fund expenses.

Market Data & Technology

ISDA Seeks Feedback on Common Domain Model for Derivatives

By JP Reimann | 07/06/2018

First digital version of the ISDA CDM covers interest rate and credit derivatives products; aims for efficiency, interoperability, reduced complexity in derivatives market.

Trading & Investment

Taiwan to Launch Crude Oil Futures in July

By Manesh Samtani | 05/06/2018

Taiwan Futures Exchange chairman says crude oil futures will allow domestic investors to trade without adverse currency fluctuations; also exploring the application of fintech and other technologies for clearing services.

Market Abuse

Citi, Deutsche, ANZ Face Criminal Cartel Charges in Australia

By Garima Chitkara | 04/06/2018

Citigroup, Deutsche Bank and ANZ are facing criminal charges in Australia after an investigation revealed cartel behaviour in the trading of ANZ stock.