Securities / Derivatives

Securities / Derivatives

JPX Completes Transfer of TOCOM Products to Osaka Exchange

By Editors | 28/07/2020

Under the new integrated exchange, brokers need a single licence to trade both securities and commodities. Clearing houses JSCC and JCCH have also been integrated.

Big Picture

FMSB Examines Remote Working Risks in FICC Markets

By Editors | 28/07/2020

FMSB has published a Spotlight Review on the risks of undertaking financial services activities through new working arrangements, and measures to mitigate these risks.

ESG / Sustainability

CDSB Issues New Guidance to Mainstream Climate Reporting

By Manesh Samtani | 28/07/2020

The new Climate Guidance will help enhance reporting quality by addressing the lack of decision-useful material climate information for investors.

Securities / Derivatives

Why Do Electronic Traders Cancel Orders?

By Jamil Nazarali | 28/07/2020

Jamil Nazarali at Citadel Securities explains what ever-increasing speeds for issuing and canceling orders tell us about today’s market structure.

Securities / Derivatives

Hong Kong Launches A-share L&I Products, New Tech Index

By Manesh Samtani | 27/07/2020

The new L&I products will enable directional trading in China A-shares. Meanwhile, the new Hang Seng Tech Index will facilitate the introduction of ETFs to track the tech sector.

Securities / Derivatives

China: NEEQ Launches ‘Select Tier’, Most Stocks End Lower

By Editors | 27/07/2020

By the end of first day’s trading, about two-thirds of the 32 stocks launched on the new ‘Select Tier’ closed below their initial offering prices.

AML / KYC

US Hedge Funds Being Used for Money Laundering: FBI

By Manesh Samtani | 27/07/2020

A leaked FBI bulletin says US hedge funds and private equity firms are being used to facilitate money laundering, organised crime, and sanctions evasion.

Securities / Derivatives

Malaysia Proposes to Allow Lower Public Holding of Large Caps Stocks

By Sanday Chongo Kabange | 27/07/2020

Proposed listing rule amendments will allow some large listed issuers to have a public holding spread as low as 15%, compared to the current 25% minimum.

Capital / Liquidity

CFTC Adopts New Swaps Rules Limiting Extraterritorial Oversight

By Editors | 27/07/2020

Chairman Heath Tarbert said it is unnecessary for the CFTC to be “the world’s policeman” for all swaps, given that most G20 jurisdictions have adopted similar swaps regulations.