The adjustment boosted market liquidity and fresh investments by participants, while the disciplinary actions helped to bolster investor confidence.
April 23, 2022Karvy Stock Broking misused INR 23 billion worth of securities belonging to more than 95,000 clients, pledging them with 8 banks to raise INR 8.5 billion for its own use.
April 18, 2022From 1 May, crypto businesses have to submit reports to customers within one day after a transaction is complete, allowing them to view records going back 18 months.
April 8, 2022The default fund size will increase to from $1.1bn to $2.075bn, adding to financial strains experienced by brokers, traders and banks.
March 28, 2022The consultation proposes minimum standards of conduct, AML compliance obligations, and fit and proper requirements for directors and key persons.
March 22, 2022A hurdle that still needs to be overcome is that Hong Kong brokerages are currently prohibited from distribution and soliciting clients in mainland China.
March 18, 2022The GIFT Connect system will permit SGX members to place orders on NSE IFSC using FIX/proprietary APIs or the TCS BaNCS dealing terminal.
March 18, 2022FIA intends to launch an independent body to be called Derivatives Market Institute for Standards or DMIST in Q2 2022.
March 17, 2022A technical fault permitted nickel trades to execute below a newly installed price limit, after the market was closed for a week.
March 17, 2022Chinese nickel producer Tsingshan Holding Group has secured a liquidity facility to help it meet its margin and settlement obligations on the LME.
March 16, 2022