SECURITIES / DERIVATIVES

Securities / Derivatives

Dalian Commodity Exchange Set to Launch Log Futures, Options

By Editors | 29/10/2024

The new contracts will for the first time enable companies in the wood industry chain to hedge against adverse changes in log prices.

Enforcement

Thailand Raises Penalties for Violations by Brokerage Firms

By Nithya Subramanian | 29/10/2024

The new minimum penalty for naked short-selling stands a THB 1 million (USD 30,000), to better reflect the severity of offence.

Crypto / Digital Assets

HK Bank Completes ‘First-of-its-Kind’ Sandbox Test Using Tokenised Deposits

By Sanday Chongo Kabange | 29/10/2024

The simulation covered trading of the tokenised fund unit for its institutional clients and cross-bank settlement using tokenised deposits.

Securities / Derivatives

Regulatory Review Finds Gaps in New Zealand’s DIMS Sector

By Thisanka Siripala | 28/10/2024

The review identified issues with disclosure practices, conflict of interest policies, and liquidity management at some discretionary investment management providers.

Enforcement

US Court Fines Chinese Citizen for Fictitious Sales Scheme

By Mark Johnston | 27/10/2024

Yueyu Bao was fined and banned for orchestrating a series of non-competitive, fictitious trades with his cousin on the Chicago Board of Trade.

Securities / Derivatives

NZX Amends Market Maker Eligibility Settings, Effective 22 Nov

By Editors | 25/10/2024

From 22 November, firms will be able to participate as market makers without being direct trading participants of NZX.

Fintech / Regtech

Korea to Conduct Cybersecurity Exercise for Non-bank Financial Firms

By Manesh Samtani | 25/10/2024

A blinded cybersecurity exercise using white-hat hackers will be conducted to test the response capabilities of securities, insurance, and card companies.

Securities / Derivatives

SGX FX Targets Growth in Electronic FX Options Trading

By Mark Johnston | 25/10/2024

SGX FX CEO Lee Beng Hong said there is a “big opportunity” to bring efficiency to FX options, which still largely trade bilaterally or on voice.

Fintech / Regtech

SFC Extends Parallel Run Period for New e-IP Platform

By Manesh Samtani | 25/10/2024

The SFC said the extension is to facilitate user experience enhancements on the new application and submission system for investment products.