The approval of the preliminary financial investment business licence marks the FSC's first approval of a foreign-based trading firm in three and a half years.
January 18, 2021The FSC has revised the FSCMA enforcement decree as part of efforts to strengthen penalties for illegal short selling, as it prepares to lift a ban on short selling in March.
January 16, 2021Fulbright Securities failed to detect and prevent illegal short selling failures in at least 93 instances over a period of at least six months.
December 24, 2020The FSC will place new restrictions on market makers, revamp the rebate system, and set up a new monitoring system to detect illegal short selling activity.
December 22, 2020The 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, 2020Under a revision bill that could take effect by Q2, naked short sellers will face up to a year in jail or up to five times profits on a trade.
December 14, 2020The expansion will enhance the attractiveness and competitiveness of the capital market, and entice more investors and market participants, Bursa says.
December 8, 2020The lifting of the ban will apply to all stocks regardless of the market cap, despite an earlier proposal to keep it in place for small-cap stocks.
November 13, 2020The inspection will cover all 22 market makers, focusing on whether they conducted naked short selling and whether they violated the uptick rule.
November 2, 2020Qualified foreign investors can lend out and borrow stock holdings to enable their use in short-selling, and trade equity index futures on the CFFEX.
November 2, 2020