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Securities / Derivatives
ESMA Publishes List of Derivatives Subject to MiFID II Trading Rules
By Samuel Riding | 11/01/2018
Listed securities must be traded on regulated markets or organised trading facilities; no APAC venues yet to be granted equivalency.
Securities / Derivatives
Thailand Allows Securities Firms to Offer Bitcoin Futures Locally
By Manesh Samtani | 11/01/2018
The SEC says fraud and money laundering not points of concern as CBOE and CME markets are properly supervised.
Market Infrastructure
Korea’s Reduction in Foreign Shareholder Capital Gains Tax Threshold Arouses Concern
By Garima Chitkara | 10/01/2018
Government to cut threshold from 25% to 5%, ASIFMA says reduction will challenge securities firms, produce no tax revenue.
Securities / Derivatives
HKEx Considering New Rules to Boost Trading Volumes
By Garima Chitkara | 10/01/2018
HK exchange looking to establish new trading rules, including rebates, simplified collateral regulations and removal of 10bp stamp duty charge.
Securities / Derivatives
MiFID II – Just the Start of a Perfect Storm for Research
By Peter Guy | 08/01/2018
The unbundling of research costs will not only create more transparency but usher in a collapse and change in banking research.
Capital / Liquidity
Japan Regulator to Overhaul Supervision and Restructure
By Samuel Riding | 08/01/2018
FSA’s move towards ‘dynamic supervision’ includes scrapping inspection manuals, restructuring governance, internal structure and HR policy.
Capital / Liquidity
China Tightens Rules for Bond Traders
By Editors | 08/01/2018
Informal transactions will no longer be allowed; market participants will need to sign written agreements.
Securities / Derivatives
Higher Stock Transaction Tax to Impact Trading Volume: PSE
By Garima Chitkara | 05/01/2018
Stock transaction tax increased 20% from 1 January 2018; change in timeline took exchange by surprise.
Securities / Derivatives
India Confirms Stock, Commodity Trading to be Allowed on Single Exchanges
By Garima Chitkara | 04/01/2018
Individual exchanges will be able to host equity, equity derivative, commodity derivative, currency derivative, interest rate future and debt instruments.
Market Infrastructure
Indonesia to Establish Derivatives CCP
By Editors | 03/01/2018
Centralising counterparty risk at a clearinghouse will make derivative products offered by Indonesian financial institutions more competitive.
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