All posts tagged "Brokers"
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1.0KContributed ArticleShadows of Crises Past: Margin Calls Strain Financial Markets
March and April volatility exposed operational inefficiencies for trading counterparties that have yet to automate their collateral management processes, says DTCC's Purtini Joshi.
August 4, 2020 -
376EnforcementSEBI Offers One-time Settlement for 500+ Errant Brokers
SEBI identified instances where trading participants were consistently making losses on stock options trading, only to reverse the losses later in the day or the next day.
July 30, 2020 -
456EnforcementS. Korean Prosecutors Raid Fund Operator on Fraud Allegations
Accused of fabricating depository statements, Optimus Asset Management has suspended withdrawals from six feeder funds since last week, locking up 90bn won in investor money.
June 26, 2020 -
610FeatureHong Kong: Securities Industry Subsidies to be Available from 25 May
A cash subsidy of HK$50,000 will be available for securities firms ranked 15th onwards by market turnover, and HKD 2,000 for each individual licensed by the SFC.
May 21, 2020 -
547Securities & TradingUS SEC Green-lights Launch of New Stock Exchange, MEMX
Backed by some of Wall Street's largest financial institutions, MEMX says it will offer a less expensive exchange model; fewer, less complex order types; and a basic market data feed.
May 7, 2020 -
476FeatureS. Korea Finalises Risk Management Rules for Private Equity Funds
Private equity funds will have to undergo regular audits, adopt new valuation guidelines, conduct regular liquidity stress tests, and cap leverage at 400% of assets, among other measures.
April 27, 2020 -
425FeatureOil Volatility Prompts SFC Call for Vigilance, Contingency Plans
Commodity futures brokers should control exposures to clients and pre-arrange for contingent funding and capital support to be available from group companies or shareholders.
April 24, 2020 -
453Australia & NZFMA Preempts Insider Misconduct With Plea for Vigilance
New Zealand's FMA recognises that the current situation may give rise to a broader range of individuals having access to inside information.
April 23, 2020 -
604Feature
SFC Raises Concerns with Leveraged Foreign Exchange Trading
Brokers reported that more than 60% of clients who engage in leveraged foreign exchange trading made net trading losses, some in excess of HK$1mn.
April 10, 2020 -
767Feature
SFC Extends Deadlines on Three Regulatory Initiatives
The deferred initiatives relate to new requirements on external data storage, client asset protection, and brokers' systems for maintaining order life cycle data.
April 1, 2020
