Nasdaq

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    Enforcement

    ASIC Fines Openmarkets Record $4.5m for Compliance Failures

    By Sanday Chongo Kabange | 06/07/2023

    ASIC says Openmarkets did not carry out effective trade surveillance, and banned its former acting head of trading for three years.

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    Market Infrastructure

    ASX CHESS Replacement Project Under Continued Scrutiny

    By Sanday Chongo Kabange | 28/06/2023

    ASIC chair Joe Longo said ASX had an “engagement problem” and that officials were working to boost oversight of the CHESS replacement project.

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    HKEX Expands Global Footprint with New York Office

    By Editors | 22/06/2023

    HKEX chief Nicolas Aguzin said the new office will better connect “two of the most important financial centres in the world”.

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    ESG / Sustainability

    Climate Impact X Launches Spot Trading Platform for Carbon Credits

    By Ranamita Chakraborty | 08/06/2023

    **CIX told Regulation Asia that it is seeking alignment with IOSCO’s principles for commodity price benchmarks – a detailed set of guidelines relating to governance and control systems.
    **

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    Fintech / Regtech

    Thai Bourse Launches New Trading System Using Nasdaq Tech

    By Editors | 01/06/2023

    The new trading system was launched by SET and TFEX along with new data distribution and market surveillance systems, using Nasdaq technology.

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    Market Infrastructure

    SGX Lists First Thai Stocks as Depository Receipts

    By Manesh Samtani | 31/05/2023

    The first three SDRs were issued by Phillip Securities, representing beneficial ownership interest in the underlying securities of three SET50 companies.

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    AML / KYC

    ChatGPT Could ‘Turbocharge’ Fraud and Scams: US FTC Chair

    By Editors | 23/04/2023

    The FTC plans to use existing authorities to pursue companies who misuse AI to violate laws against unfair and deceptive acts.

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    ESG / Sustainability

    New Zealand Considers Climate Reporting Exemptions for Secondary Listed Issuers

    By Sanday Chongo Kabange | 15/03/2023

    The exemptions seek to reduce compliance costs for foreign exempt issuers that already produce similar reporting in their home jurisdiction.

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    Market Infrastructure

    14 European Exchanges Join Forces to Develop Consolidated Tape

    By Editors | 22/02/2023

    The participating exchange groups include Deutsche Boerse Group, Euronext, Nasdaq, and SIX Group, as well as the local exchanges in  several European cities.

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    Crypto / Digital Assets

    CME to Launch Event Contracts on Bitcoin Futures

    By Editors | 16/02/2023

    The new event contracts will provide a highly transparent and less complex way for investors to access crypto markets, said Tim McCourt.

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