Securities / Derivatives

Securities / Derivatives

HKEX Launches After Hours Market for Index Options

By Editors | 20/04/2018

HSI, HSCEI and Mini HSI will be tradeable between 5:15pm and 1:00am, with a trading halt mechanism in place to avoid extreme price movements.

Fintech / Regtech

HKEX Fights Market Abuse with AI, Machine Learning Tech

By JP Reimann | 19/04/2018

NASDAQ technology aims to better safeguard market integrity, detect unusual trading and market abuse, and provide immediate review of group activity involving coordinated trades.

Securities / Derivatives

Thailand Futures Exchange to Accept Both Cash and Non-cash Collateral

By Editors | 19/04/2018

TFEX to accept government and BOT issued bonds and equities underlying stock futures initially, in a move expected to ease trading and lower costs for investors.

Securities / Derivatives

SEBI Requires Physical Settlement of Equity Derivatives

By Garima Chitkara | 19/04/2018

Regulator issues enhanced eligibility criteria for equities to enter the derivatives segment, physical settlement for derivatives not meeting criteria.

Market Infrastructure

HK, Japan to Connect Settlement Systems

By JP Reimann | 19/04/2018

BOJ-NET link with HKD CHATS will effectively eliminate the need for the US dollar as an intermediate currency in cross-border transactions.

Fintech / Regtech

HK Brokers Rush to Comply with SFC Cybersecurity Rules

By JP Reimann | 18/04/2018

Several online brokers had been hoping for a delay, tech advisory firm suggests some are ‘willing to trade a little security for convenience’.

Securities / Derivatives

India Raises FPI Investment Limits for Govt, Corporate Debt

By Editors | 17/04/2018

Investment limits raised almost 10% effective 12 April, with additional increases set for October.

Enforcement

SFC Reprimands, Fines Nomura’s Instinet $2.2mn

By Editors | 16/04/2018

The firm failed to put in place reasonable controls to ensure non-proprietary orders received execution priority, prevent erroneous and disorderly orders being sent to the market.

Capital / Liquidity

China Restricts Borrowings, Suspends OTC Options to Curb Brokerage Risks

By JP Reimann | 16/04/2018

Central bank will cap outstanding balances of short-term financing tools at 60% of a brokerage’s net capital; cap to be adjusted every six months based on brokers’ liquidity profiles.