Goldman Sachs India Investment, along with three other offenders, has been fined for naked shorting by South Korean authorities
April 10, 2019The 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, 2019Clearinghouses 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, 2019KRX 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, 2019Korean 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, 2018The 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, 2018The FSC found that Goldman Sachs conducted naked short selling worth about KRW 40 billion in late May. Naked short selling is prohibited in South Korea.
November 29, 2018Once the improvement measures are enacted, innovation will be accelerated as the fundraising environment for small enterprises will improve, said FSC chairman Choi Jong-ku.
November 6, 2018The 500 billion won fund will start investing in the KOSDAQ from November. Separately, market participants will establish an emergency monitoring system to better respond to instability.
October 30, 2018Korea Exchange members can now directly market options on local indexes and 31 individual stocks to US institutional investors.
September 21, 2018