Securities / Derivatives

Securities / Derivatives

Sri Lanka Bourse To Launch New Board for SMEs

By Garima Chitkara | 27/06/2018

The Colombo Stock Exchange and the securities regulator are launching an SME board next week to encourage equity financing by small firms and boost growth and corporate governance in the sector.

Securities / Derivatives

Philippine Bourse to Introduce Short Selling

By Manesh Samtani | 26/06/2018

Only members of PSE index and ETFs are eligible for short selling, up to a maximum of 10% of outstanding shares; naked short selling not permitted.

Market Infrastructure

India Proposes LEI Rules For All Financial Transactions

By Garima Chitkara | 25/06/2018

RBI releases draft rules which would require the use of LEIs for non-derivatives transactions, having already announced a phasing in for OTC derivatives markets.

Securities / Derivatives

First CDR Applicant Xiaomi Postpones Mainland Listing

By Garima Chitkara | 20/06/2018

Xiaomi, the first applicant for China’s Depository Receipt programme has decided to put its CDR offering on hold until after its Hong Kong IPO later this month.

Market Infrastructure

Cambodia Opens Applications for New CIS-Related Licences

By Garima Chitkara | 20/06/2018

Cambodia’s securities regulator has started accepting applications for licences for fund managers, distributors, administrators, trustees, among other CIS-related activities.

Market Infrastructure

Australia Consults on Corporate Structure for Funds

By Manesh Samtani | 20/06/2018

New ‘CCIV’ structure will allow Australia asset managers to market fund products to the rest of Asia, complementing the Asia Region Funds Passport.

Securities / Derivatives

Cambodia, Indonesia Signs Derivatives Cooperation Pact

By Garima Chitkara | 20/06/2018

CDX has signed a cooperation agreement with JFX to boost derivatives trading in Cambodia; securities regulator set to issue more derivatives trading licences.

Securities / Derivatives

Hong Kong Targets September for OTC Derivatives Margin Rules

By JP Reimann | 20/06/2018

SFC consultation proposes to phase-in IM requirements to avoid market disruption; VM to take effect on 1 September 2019.

Enforcement

Goldman Faces Naked Short Selling Fine in S. Korea

By Manesh Samtani | 19/06/2018

South Korean branch of Goldman Sachs International said its naked shorts were the result of an institutional investor reversing a decision to lend it shares; the firm faces a fine up to $896,000.