Securities / Derivatives

Securities / Derivatives

NZX Proposes to Relax Market Maker Eligibility Requirements

By Editors | 19/06/2024

NZX proposes to allow non-trading participants to become designated market makers to support increased liquidity and market efficiency.

Market Infrastructure

Hong Kong to Start Trading During Typhoons from 23 Sep

By Sanday Chongo Kabange | 19/06/2024

Special arrangements will be available to smaller and mid-sized brokers. HKMA said banks stand ready to fulfill clearing and settlement obligations.

Securities / Derivatives

Korea to Conduct Final Trials for Extended FX Trading Hours

By Editors | 19/06/2024

As of 1 July, onshore dollar-won trading will close at 2am, compared to 3.30pm currently. Final tests will be carried out this week.

Enforcement

CFTC Settles Charges Against Trafigura for $55m

By Manesh Samtani | 18/06/2024

This is the first time the CFTC has taken action against a firm for impeding whistleblower communications, a move being criticised by two commissioners.

Capital / Liquidity

UBS to Repay Investors for Credit Suisse’s Greensill Losses

By Editors | 18/06/2024

UBS is offering to repay investors who lost money in Credit Suisse funds as a result of Greensill Capital’s bankruptcy in 2021.

Enforcement

SFC Bans Ex-Licensee for Creating False Product Flashes

By Sanday Chongo Kabange | 18/06/2024

The former director of Primas Asset Management is banned for 12 months for creating and sending false product flashes to a client.

Market Infrastructure

CHESS Replacement Project Currently on Track: ASX

By Sanday Chongo Kabange | 18/06/2024

The CHESS Replacement project is currently expected to deliver to the plan announced in November last year.

Securities / Derivatives

PASLA to Expand Footprint to Australia, New Zealand

By Editors | 18/06/2024

PASLA will work with the Australian Securities Lending Association to finalise an agreement within Q4 2024.

Fintech / Regtech

Indonesia Stock Exchange to Upgrade Trading Platform

By Editors | 18/06/2024

IDX also announced that it will enhance its market surveillance capabilities and further develop its index business.