Securities / Derivatives

Securities / Derivatives

Taiwan to Launch Crude Oil Futures in July

By Manesh Samtani | 05/06/2018

Taiwan Futures Exchange chairman says crude oil futures will allow domestic investors to trade without adverse currency fluctuations; also exploring the application of fintech and other technologies for clearing services.

Enforcement

Citi, Deutsche, ANZ Face Criminal Cartel Charges in Australia

By Garima Chitkara | 04/06/2018

Citigroup, Deutsche Bank and ANZ are facing criminal charges in Australia after an investigation revealed cartel behaviour in the trading of ANZ stock.

Securities / Derivatives

China Tightens Rules on Money Market Funds

By JP Reimann | 04/06/2018

New rules cap individual redemptions from money market funds at ¥10,000; payment companies banned from advancing cash to realise same-day redemptions.

Market Infrastructure

NSE-SGX Dispute Runs Afoul of MSCI

By Garima Chitkara | 31/05/2018

MSCI considering placing India on notice due to “burdensome” SEBI registration process and stock exchange action that could restrict global availability of investment instruments.

Securities / Derivatives

Singapore to Require Reporting of Short Selling Information

By Garima Chitkara | 31/05/2018

Short sellers will have report their positions and short sell orders on SGX-listed securities to the MAS starting October this year; MAS rules expected to improve transparency.

Market Infrastructure

SEBI to Investigate Technical Glitches at NSE, MCX

By Garima Chitkara | 31/05/2018

SEBI has sought a report from both the exchanges to understand the causes of the glitches that led to trading disruptions and the booking of duplicate trades.

Securities / Derivatives

S. Korea Announces Measures to Prevent Stock Trade Errors

By Manesh Samtani | 29/05/2018

Measures to prevent repeat of Samsung Securities dividend payout error include new real-time monitoring system, tighter controls at securities firms, tougher penalties.

Capital / Liquidity

China Allows Non-banks to Sell Bad Debt Overseas

By Manesh Samtani | 29/05/2018

SAFE also simplified the process for transferring NPLs to foreign investors for non-banks; previously only banks were allowed to sell bad debt to foreign investors.

AML / KYC

SEBI Further Eases GIFT City Market Access for Foreign Investors

By Garima Chitkara | 28/05/2018

SEBI has allowed a segregated nominee account structures for routing foreign stock trade orders at India’s IFSC, known as GIFT City.