The rules taking effect on 20 June will enable DvP settlement for institutional investors and reduce the reserves settlement participants have to hold.
May 24, 2022The measures include support for IPO applicants, listing fee waivers, and regulatory support for securities firms.
May 24, 2022The HKMA says continued enforcement of the requirement to observe market norms in the setting of maximum LTV ratios is no longer appropriate.
October 25, 2021The dynamic and static price limits and revised circuit breaker mechanism implemented in July will be extended. Margin financing flexibilities for brokers will remain in place.
December 17, 2020The temporary margin financing relief measures due to expire on 30 September will be extended to 31 December 2020.
September 29, 2020The CSRC warns that illegal lenders are offering margin loans via websites, mobile apps and social media, promising investors 10 times leverage and high profits.
July 10, 2020Brokers are no longer required to liquidate client holdings, make margin calls, or impose haircuts on collateral if client equity balances fall below 130%.
March 27, 2020Citadel Securities has agreed to pay almost $100mn to settle charges that its algorithmic trading disrupted the market during the 2015 market correction.
January 21, 2020New FAQs make clear that deviations from the new rules after 4 October will not automatically be seen as noncompliance or result in disciplinary action.
October 2, 2019Brokerage firms can set lower thresholds before margin calls need to be initiated, and can accept additional forms of collateral to make up any shortfalls.
August 12, 2019