Securities / Derivatives

Securities / Derivatives

IOSCO Issues Guidance on Conflicts of Interest in Equity Offerings

By Editors | 24/02/2018

Recommendations developed by group of regulators including ASIC, Hong Kong’s SFC and Japan’s FSA.

Securities / Derivatives

India Allows Cash as Collateral for GIFT City Trading

By Editors | 23/02/2018

Foreign securities and gold also eligible, but cash and cash equivalents will need to form 50 percent of total liquid assets at all times.

Securities / Derivatives

Indian Exchanges to Launch Cross-Currency Derivatives

By Editors | 22/02/2018

BSE and NSE can launch cross-currency futures and options in the euro, pound and yen, against the dollar and rupee.

Market Infrastructure

Singapore to Shift OTC Derivatives to Organised Markets

By Editors | 22/02/2018

The trading obligations would apply to banks with gross notional outstanding OTC derivatives exceeding SGD20 billion.

Market Infrastructure

SGX to Develop New India Derivative Products

By Manesh Samtani | 20/02/2018

New products will allow SGX participants to maintain exposure to India’s capital markets, following  the decision to stop issuing market data licenses to overseas exchanges.

Securities / Derivatives

Australian Sell-side Research Rules Threaten IPO Bonanza

By Bradley Maclean | 19/02/2018

Guidance on sell-side research could disappoint investment bankers who expected a strong year for new listings.

Securities / Derivatives

SFC Raises Standards for Client Facilitation Trades

By Editors | 17/02/2018

Client facilitation traders must be segregated from agency traders to protect client information and avoid conflicts of interest.

Securities / Derivatives

IOSCO Calls for Clampdown on OTC Leveraged Products

By Manesh Samtani | 16/02/2018

New report urges enhanced risk disclosures, leverage limits and curbs on mis-selling; cites studies showing most investors in OTC leveraged products lose money.

Enforcement

Interactive Brokers HK Fined for Trading System Failures

By Editors | 15/02/2018

The firm’s electronic trading system repeatedly submitted orders without regard for market liquidity and without effective price and volume controls.