Securities / Derivatives

Securities / Derivatives

MAS Consults on Proposed Framework for Variable Capital Companies

By Editors | 02/05/2019

The proposals include an AML/CFT framework for VCCs requiring them to engage an eligible financial institution to perform the necessary checks.

Market Infrastructure

HK-China Stock Connect to Include Dual Class Shares from July

By Editors | 02/05/2019

HKEX and the CSRC have agreed to allow listed companies with dual class shares to be included in the southbound Stock Connect trading starting in July.

Market Infrastructure

Hong Kong, China Framework Comparison – Investment Suitability

By Prasanna Venkatesan | 01/05/2019

Synpulse’s Prasanna Venkatesan, Gregory Achache and Marina Mai compare the investment suitability frameworks of Hong Kong and mainland China, and their pain points.

Crypto / Digital Assets

S. Korea Seeks Lower Barriers for Retail Investment in Derivatives

By Editors | 30/04/2019

The KRX seeks to reduce the minimum account size required to open a derivatives trading account, and to ease compulsory training requirements for retail investors.

Securities / Derivatives

India Opens Foreign Investor Access to Municipal Bonds Market

By Editors | 29/04/2019

The RBI has extended the 2% cap on foreign investment in state development loans to also be allocated to municipal bonds.

Securities / Derivatives

NSE Raises Margins on Futures, Options with High Open Interest

By Editors | 29/04/2019

The National Stock Exchange of India has raised trading margins required for stock futures and options by up to 300%, depending on market wide position limits.

Securities / Derivatives

Hong Kong Proposes Enhancements to OTC Derivatives Regime

By Manesh Samtani | 29/04/2019

In a joint consultation, the HKMA and SFC propose to mandate the use of UTIs in OTC derivatives trade reporting, and to discontinue masking relief for all jurisdictions but China.

Market Infrastructure

Bursa Malaysia Goes Live with T+2 Settlement

By Editors | 29/04/2019

Starting today (29 April), securities trade on Bursa Malaysia will be executed on T+2 settlement, a move first proposed in March 2018.

Securities / Derivatives

MAS Seeks to Strengthen Singapore as a Global Hub for FX Trading

By Editors | 26/04/2019

MAS has reportedly been encouraging major FX players to build their systems, trading engines and data centres locally to reduce latencies from routing trades through other FX hubs.