Securities / Derivatives

Securities / Derivatives

Sumitomo Mitsui Seeks Approval to Launch China Brokerage

By Editors | 28/07/2021

Sumitomo Mitsui Financial Group and SMBC Nikko Securities filed a joint application with the CSRC on Tuesday.

Crypto / Digital Assets

Singapore’s CTX to Debut Cross-border Trading of China Carbon Credits

By Sanday Chongo Kabange | 27/07/2021

Cyberdyne Tech Exchange said its carbon neutrality tokens, or CNTs, would pave the way for carbon credits to be transferred across international borders.

Securities / Derivatives

SEBI Requires Segregation, Monitoring of Client Collateral

By Editors | 27/07/2021

The framework seeks to address previous instances of brokers defaulting and misusing clients’ securities and funds.

Fintech / Regtech

New Body Formed to Promote Open Standards for Capital Markets

By Sanday Chongo Kabange | 27/07/2021

The GLML Foundation is developing general-purpose legal markup language as an open data standard for capital markets.

Securities / Derivatives

Thailand SEC Consults on Securities Law Revisions

By Sanday Chongo Kabange | 27/07/2021

The amended Securities and Exchange Act will promote cooperation between financial market regulators including the SEC, BOT and OIC.

AML / KYC

SFC Calls on Industry to Report Suspected Ramp-and-dump Activity

By Manesh Samtani | 26/07/2021

Ramp-and-dump scams now account for about half of the market manipulation cases being investigated by the SFC. Overseas investors also being targeted.

Securities / Derivatives

Chinese Firms Redirect IPOs From New York to Hong Kong

By Sanday Chongo Kabange | 26/07/2021

Chinese authorities are considering severe penalties for Didi Chuxing, which proceeded with its New York IPO despite being asked to first submit to a cybersecurity review.

Securities / Derivatives

Shanghai to Test Yuan in Cross-border Financial Products

By Sanday Chongo Kabange | 26/07/2021

Shanghai’s Pudong New Area will be able to freely use the yuan in cross-border financial products in a new pilot programme.

Securities / Derivatives

SGX Expands Into FX OTC Space with Another Acquisition

By Editors | 26/07/2021

SGX is acquiring FX trading platform MaxxTrader, paving the way for it to build an integrated and scalable FX OTC marketplace anchored in Singapore.