Securities / Derivatives

Big Picture

Tokenisation Could Revolutionise Traditional Finance: ASIFMA

By Editors | 06/11/2019

Tokenised securities will impact traditional finance and act as a bridge between legacy finance and the new digital world, taking benefits from each system, ASIFMA says in a new white paper.

Fintech / Regtech

Bursa Malaysia Completes SBL Proof-of-Concept Using Blockchain

By Editors | 06/11/2019

The POC was a test of a private-permissioned blockchain-driven solution for securities borrowing and lending that can enhance market discovery, efficiencies and transparency.

Securities / Derivatives

TWSE Mulls New Measures to Boost Liquidity in Inactive Stocks

By Editors | 05/11/2019

Under a proposed new system, brokerage firms would perform the role of market makers for a guaranteed number of stocks, effectively making low-liquidity stocks easier to trade.

Securities / Derivatives

BSE, NSE Increase Margin Requirements for Certain Stocks

By Editors | 04/11/2019

The higher margins apply to stocks with a higher levels of promoter pledges, market cap, trader concentration and volatility.

Fintech / Regtech

SFC Issues Guidance on Outsourcing of Data Storage

By Editors | 01/11/2019

Licensed corporations must ensure cyber and operational risks are properly mitigated and that the SFC’s access to regulatory records is not restricted or otherwise undermined.

Enforcement

SFC Fines China Rise for Short Selling, Cross Trading Breaches

By Editors | 31/10/2019

China Rise’s former CEO placed 199 illegal short selling orders in 2014, and an unnamed senior manager executed cross trades at a price detrimental to the client.

Market Infrastructure

Singapore Brokers Experience DDoS-related Disruption

By Editors | 31/10/2019

MAS said a small number of stock brokers encountered DDoS attacks last week, but only “limited disruption” resulted due to their mitigation services being activated.

Securities / Derivatives

UBS Becomes First Foreign Firm to Sponsor STAR Market IPO

By Editors | 30/10/2019

China-based UBS Securities, now majority-controlled by UBS Group AG, was the sole underwriter for the IPO, which is also now the first STAR Market stock dually-listed in Hong Kong.

Securities / Derivatives

China Commodity Exchanges to Stop Double-counting Trade Volumes

By Editors | 30/10/2019

The SHFE, DCE and ZCE will all move to reporting on a single-count basis from 1 January 2020, in a bid to converge with international standards.