All posts tagged "KRX"
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829EnforcementUPDATED – Merrill Lynch in KRX Crosshairs for High-Frequency Trading
KRX probe to determine if Citadel's HFT algorithm breached fair trade rules; Merrill Lynch reprimand to be decided following alleged market disruption.
June 12, 2019 -
495KoreaSouth Korea Cuts Securities Transaction Tax
FSC chairman Choi Jong-ku has repeatedly called for a cut in the securities transaction tax to ease the burden it places on stock and mutual fund trades.
May 30, 2019 -
540Korea
S. Korea Seeks Lower Barriers for Retail Investment in Derivatives
The KRX seeks to reduce the minimum account size required to open a derivatives trading account, and to ease compulsory training requirements for retail investors.
May 1, 2019 -
763EnforcementGoldman, Credit Suisse Raided in Seoul in Samsung BioLogics Probe
Prosecutors are reportedly looking for information about a scrapped Nasdaq listing of a Samsung BioLogics subsidiary, to shed light on possible accounting irregularities.
April 15, 2019 -
369Enforcement
S. Korea Fines Another Goldman Affiliate for Naked Short Selling
Goldman Sachs India Investment, along with three other offenders, has been fined for naked shorting by South Korean authorities
April 10, 2019 -
633EnforcementS. Korea to Crack Down on Unfair Trading Practices
The FSS plans to tighten monitoring of unfair trading practices, namely high-frequency trading, false disclosures and unlawful short-selling. Merrill Lynch, Franklin Templeton under scrutiny.
February 28, 2019 -
738Big PictureISDA Lays Out CCP Best Practices Following Nasdaq Default
Clearinghouses should consider multiple risk factors in determining exposure and put more of its own capital on the line to manage defaults before dipping into the member default fund.
January 25, 2019 -
506Korea
Korea Exchange Seeks Power to Cancel Error Stock Trades
KRX is seeking new powers that will allow it to intervene to cancel stock trading orders made in error to better guarantee market stability and protect investors.
January 25, 2019 -
619Enforcement
KRX May Face CFTC Penalty for Violating CCP Rules – Report
Korean media reports indicate the CFTC may take action against KRX as early as this month in response to its failures to comply with regulations for CCPs.
December 21, 2018 -
653FeatureFIA Updates CCP Risk Management Framework After Nasdaq Member Default
The industry body has updated its 2015 framework for CCP risk management to include more robust and transparent margining and higher skin in the game.
November 29, 2018
