Securities / Derivatives

Securities / Derivatives

SEBI Cuts Time for Listing Debt Securities in Half

By Garima Chitkara | 20/08/2018

India’s securities regulator has cut the timeline for listing debt securities from 12 to six days to streamline the issuance process and make it more cost effective.

Market Infrastructure

Trump-Proposed Shift from Quarterly Earnings Reports Will Hurt Investors

By Peter Guy | 20/08/2018

President Trump’s proposal to shift earnings reporting from quarterly to just every six months will mean less transparency, which will be harmful to investors and the public.

Securities / Derivatives

Foreign Nationals in China Permitted to Directly Trade A-Shares

By Manesh Samtani | 16/08/2018

Foreign individuals working in China will be allowed to open domestic brokerage accounts to trade A-shares; foreign employees living abroad will be entitled to participate in employers’ stock incentive programmes.

Securities / Derivatives

Philippines Eases Bond Issuance Rules for Banks

By Manesh Samtani | 15/08/2018

BSP circular says banks do not need prior approval of central bank to issue bonds and commercial papers and sets out eligibility criteria for issuers.

Securities / Derivatives

Stock Connect ID System for Northbound Trades Slated for September Launch

By Editors | 13/08/2018

Northbound investor ID system is scheduled to be implemented on 10 September, pending market readiness and regulatory approval, and will not affect the business of existing market participants.

ESG / Sustainability

Singapore Adopts Revised Corporate Governance Code

By Garima Chitkara | 09/08/2018

New code is based on recommendations by the Corporate Governance Council and focuses on strengthening board independence and diversity; SGX has incorporated the new code in its listing rules.

Securities / Derivatives

China Approves Asset Managers to Offer Target Pension Products

By Editors | 09/08/2018

Fourteen asset managers have received approval to launch pension target funds, which will improve A-share liquidity and offer consumers more pension management alternatives.

Securities / Derivatives

Shanghai Bourse to Move to Closing Auction Mechanism

By Garima Chitkara | 09/08/2018

New call auction mechanism expected to reduce equity market price manipulation will go into effect on 20 August and also apply to transactions on the Hong Kong-Shanghai Stock Connect.

Securities / Derivatives

India’s Brokers Move Against Tax on Physically-Settled Equity Derivatives

By Garima Chitkara | 09/08/2018

Brokers’ lobby is asking the Bombay High Court for a resolution on an impasse between market participants and the NSE over a decision to levy a 0.1% tax on physically settled equity derivatives.