Securities / Derivatives

Securities / Derivatives

India Standardises Stamp Duty on Securities Transactions Nationwide

By Editors | 02/07/2020

India has revised its framework for levying the stamp duty on securities transactions, in a bid to ensure uniformity across the country.

Securities / Derivatives

SGX to Launch New Taiwan Index Futures Contract

By Editors | 01/07/2020

The launch will help meet the rising demand of US and European investors for access and investment exposure to Taiwan, said SGX Head of Equities Michael Syn.

Market Infrastructure

Philippine SEC Seeks Independent Board at Stock Exchange

By Editors | 01/07/2020

The Philippine Stock Exchange currently has three independent directors on its 15-seat board. Under the proposed rules, a majority of the directors will have to be independent.

Enforcement

Korea: Optimus Asset Management Ordered to Suspend Business

By Editors | 01/07/2020

Company executives will be removed and designated administrators will take over their duties. Optimus is accused of fabricating depository statements sent to brokers.

Securities / Derivatives

Wave of Fund Managers Looking to Set Up Singapore VCCs

By Editors | 01/07/2020

Up to 70 VCCs have already been launched in Singapore, many by small and boutique funds or local family offices. But a much larger wave of companies is on its way.

Market Infrastructure

ASX Proposes April 2022 Go-Live of CHESS Replacement

By Editors | 30/06/2020

The revised timetable accounts for Covid-19 related disruptions, accommodates functionality changes, and provides more time to ensure user readiness.

Securities / Derivatives

SGX Pushes into FX OTC Market with BidFX Acquisition

By Editors | 30/06/2020

The acquisition will bring together two growing and mutually-reinforcing pools of liquidity, and allow SGX to further expand into the global FX OTC market.

Securities / Derivatives

US Regulators Approve Volcker Rule Revisions

By Editors | 30/06/2020

The latest amendment allows banks to invest in venture capital and credit funds and reduces the amount of capital they have to set aside against inter-affiliate swap trades.

Securities / Derivatives

Taiwan FSC to Introduce Measures to Catalyse IPO Market

By Editors | 30/06/2020

The Covid-19 pandemic has affected companies’ financial performance in the first half of the year, making them ineligible to list on the stock market.