Securities / Derivatives

Securities / Derivatives

HKMA Reveals Details of Pilot Bond Grant Scheme

By Garima Chitkara | 14/05/2018

Eligible bond issuers can apply for a grant equivalent to half of eligible issuance expenses, including for debt origination and structuring, legal, audit, sales and distribution, up to HKD2.5mn.

Securities / Derivatives

China Launches Tri-party Repos

By Garima Chitkara | 14/05/2018

First tri-party repo transactions concluded among seven institutions on the Shanghai Stock Exchange on 9 May 2018.First tri-party repo transactions concluded among seven institutions on the Shanghai Stock Exchange on 9 May 2018.

Securities / Derivatives

JPMorgan Seeks Majority Stake in China Ventures

By Manesh Samtani | 14/05/2018

The US bank’s Hong Kong unit has applied for 51% stake in a Chinese securities firm; also announced plans for majority stake in its fund management joint venture.

Securities / Derivatives

S.Korea FSS Expands Inspections at Brokerages

By Manesh Samtani | 11/05/2018

The FSS will carry out on-site inspections at 32 brokerages and Koscom, following dividend error which saw Samsung Securities issue $100bn in ‘ghost stocks’ last month.

Securities / Derivatives

CSRC Consults on Rules for Foreign Ownership in Securities Firms

By Manesh Samtani | 09/05/2018

Foreign majority shareholders must be reputable financial institutions with three year track record; Nomura becomes the latest to seek establishment of majority owned joint venture securities firm in China.

Securities / Derivatives

SEBI Extends Trading Hours for Equity Derivatives

By Manesh Samtani | 09/05/2018

The move will align trading hours of equity derivatives with commodity derivatives, effective 1 October, when individual Indian exchanges are also set to integrate stock and commodity trading.

Fintech / Regtech

Korea Joins Regional Peers in Adopting AI-based Market Surveillance

By JP Reimann | 08/05/2018

KRX launches new market surveillance system based on artificial intelligence; reduces time to secure data on suspicious transactions from 5 days to 1 hour.

Market Infrastructure

China Set to Revive RQDII with New Safeguards

By Garima Chitkara | 07/05/2018

Central bank forbids RQDII investors from exchanging the yuan for foreign currencies in offshore CNY investments.

Market Infrastructure

China Issues Draft Rules for Depository Receipt Issuance

By Manesh Samtani | 07/05/2018

Rules include requirements related to investor protection, information disclosures; Shanghai-London Stock Connect to allow cross listings of depository receipts.