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Coverage of regulatory developments, market trends, and operational standards across asset classes, financial products, and trading venues.
Trading & Investment
ASIC Consults on Relief from Naked Short Selling Prohibitions
By Garima Chitkara | 16/05/2018
ASIC proposes to grant legislative relief on naked short selling prohibitions for ETF market-making, corporate actions and IPO sell-downs.
Structural Regulation
New SEBI Committee to Rework FPI Rules
By Garima Chitkara | 16/05/2018
New committee to rationalise foreign investment rules and remove ambiguities and gaps in the FPI regime while keeping the broad framework intact.
Trading & Investment
HKMA Reveals Details of Pilot Bond Grant Scheme
By Garima Chitkara | 14/05/2018
Eligible bond issuers can apply for a grant equivalent to half of eligible issuance expenses, including for debt origination and structuring, legal, audit, sales and distribution, up to HKD2.5mn.
Trading & Investment
China Launches Tri-party Repos
By Garima Chitkara | 14/05/2018
First tri-party repo transactions concluded among seven institutions on the Shanghai Stock Exchange on 9 May 2018.First tri-party repo transactions concluded among seven institutions on the Shanghai Stock Exchange on 9 May 2018.
Structural Regulation
JPMorgan Seeks Majority Stake in China Ventures
By Manesh Samtani | 14/05/2018
The US bank’s Hong Kong unit has applied for 51% stake in a Chinese securities firm; also announced plans for majority stake in its fund management joint venture.
Trading & Investment
S.Korea FSS Expands Inspections at Brokerages
By Manesh Samtani | 11/05/2018
The FSS will carry out on-site inspections at 32 brokerages and Koscom, following dividend error which saw Samsung Securities issue $100bn in ‘ghost stocks’ last month.
Structural Regulation
CSRC Consults on Rules for Foreign Ownership in Securities Firms
By Manesh Samtani | 09/05/2018
Foreign majority shareholders must be reputable financial institutions with three year track record; Nomura becomes the latest to seek establishment of majority owned joint venture securities firm in China.
Trading & Investment
SEBI Extends Trading Hours for Equity Derivatives
By Manesh Samtani | 09/05/2018
The move will align trading hours of equity derivatives with commodity derivatives, effective 1 October, when individual Indian exchanges are also set to integrate stock and commodity trading.
Trading & Investment
China Bourses to Acquire 25pc of Dhaka Stock Exchange
By Manesh Samtani | 09/05/2018
Shanghai, Shenzhen exchanges will assist the DSE with trading technology, market cultivation, and product development as part of the USD111.6 million deal.
Trading & Investment
Korea Joins Regional Peers in Adopting AI-based Market Surveillance
By JP Reimann | 08/05/2018
KRX launches new market surveillance system based on artificial intelligence; reduces time to secure data on suspicious transactions from 5 days to 1 hour.
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