Securities / Derivatives

Fintech / Regtech

ASIC Proposes New Rules for Market Operators, Participants

By Editors | 30/06/2019

The proposals seek to ensure resilience of critical systems, reliability of outsourced services, and appropriate management of cyber and data security risks, among other requirements.

Securities / Derivatives

NZX Has Enhanced its Surveillance Function, says FMA

By Editors | 30/06/2019

The NZX improved its market surveillance function in response to last year’s FMA review. It is also planning to complete a trading system upgrade next year, using NASDAQ technology.

Securities / Derivatives

RBI Issues Consolidated Directions for Interest Rate Derivatives

By Editors | 28/06/2019

Under the new directions, stock exchanges and OTC market-makers have been given the flexibility to design and structure IRD products tailored to the needs of market participants.

Market Infrastructure

JBA Responds to Hong Kong OTC Derivatives Consultation

By Editors | 28/06/2019

The Japanese Bankers Association asks the HKMA and SFC to develop rules that automatically assign the UTI generation responsibility, rather than rely on bilateral agreement between counterparties.

Market Infrastructure

China-Japan Cross-Border ETFs Start Trading

By Editors | 28/06/2019

Eight new cross-border ETFs have started trading on the Shanghai and Tokyo stock exchanges, just days after FTSE Russell started including China A shares in its indexes.

Securities / Derivatives

SGX Enables Portfolio Compression for Listed Derivatives

By Editors | 28/06/2019

SGX, in collaboration with a unit of BGC Partners, has become the first exchange in Asia to launch a portfolio compression service for listed derivatives.

Securities / Derivatives

CSRC Allows Funds to Engage in Securities Lending

By Editors | 27/06/2019

Certain funds can lend stocks to the state-owned China Securities Finance Corp, which can then lend to brokers, who facilitate investor short selling.

Market Infrastructure

CFTC Clarifies How Foreign Broker Exemptive Relief Can Be Terminated

By Editors | 27/06/2019

The CFTC has the right to terminate the exemptive relief granted to foreign brokers, but current regulations do not provide a specific course of action if exemptive relief no longer warranted.

Securities / Derivatives

PBOC Allows Large Brokers to Take on More Debt

By Manesh Samtani | 26/06/2019

Brokers will be allowed to issue more debt to maintain liquidity in the interbank market. But some say the liquidity crunch is a normal process to restore risk control and force out bad players.