SECURITIES / DERIVATIVES

Capital / Liquidity

Pressure Builds on Japanese Companies to Unwind Cross-Shareholdings

By Gavin Blair | 01/11/2024

As Japan pushes for unwinding, many large regional banks, have reclassified their holdings as investments, prompting scepticism from regulators.

Securities / Derivatives

Thailand: SEC, SET Sign MoU to Enhance Supervisory Cooperation

By Editors | 31/10/2024

The SEC and SET will collaborate on supervision, market monitoring, enforcement of laws, and issuing regulations.

Securities / Derivatives

RBI Updates Requirements for CCPs on Governance Arrangements

By Editors | 31/10/2024

The new directions for CCPs increase reliance on independent directors and raise the obligations of board-level technical committees.

Securities / Derivatives

HKEX to Allow Market Makers in Opening, Closing Sessions

By Editors | 31/10/2024

Market makers will be able to participate in the pre-opening and closing auction sessions for ETFs and leveraged and inverse products starting 1 November.

Big Picture

ICMA Publishes Guide to Australian Repo Markets

By Editors | 31/10/2024

The Australian repo market has growth 75% from 2021 to mid-2024, driven by increased market participants, wider collateral use, and more active dealer trading.

Securities / Derivatives

French, German Banks to Extend Dealings With Indian CCPs

By Editors | 31/10/2024

At the same time, French and German regulators have asked their banks to consider alternate arrangements with local lenders.

Market Infrastructure

HKEX to Open Office in Saudi Arabia Next Year

By Sanday Chongo Kabange | 31/10/2024

The SFC separately published guidance explaining how Hong Kong asset managers can offer their funds in the Saudi Arabian market.

Securities / Derivatives

Saudi Arabia Lists First Hong Kong Focused ETFs

By Sanday Chongo Kabange | 31/10/2024

The new ETF initially raised more than $1.2bn and became the largest ETF in the Middle East upon listing on the Saudi Exchange.

Securities / Derivatives

CME Group Receives Approval to Establish New FCM Unit

By Manesh Samtani | 30/10/2024

The approval has raised concerns about potential conflicts of interest that could arise from CME Group having an FCM under the same roof as its market operations.