Securities / Derivatives

Big Picture

Fund Managers Cite Data, Regulation as Major Challenges – State Street

By Manesh Samtani | 30/08/2018

New research from State Street has identified access to distribution data as a major challenge for asset managers; understanding the impact of local regulation on strategy the biggest challenge for product launches.

Capital / Liquidity

Chinese Distressed Asset Exchange to Boost Foreign Investor Access

By Editors | 30/08/2018

Qianhai Financial Assets Exchange, the Chinese first exchange to sell bad debt to foreign investors, seeks to simplify processes to enable easier access for investors overseas.

Securities / Derivatives

Axis Becomes First Bank Subsidiary to Offer Commodity Derivatives

By Editors | 30/08/2018

Clients can now trade commodity futures and options on the MCX; trading on NCDEX to be supported by end-September.

Securities / Derivatives

Cambodia Set to Launch First Ever Corporate Bond

By Editors | 29/08/2018

The country’s third largest microfinance institution has obtained approval from the central bank, and is now seeking final approval from the securities regulator and exchange.

Securities / Derivatives

CSRC Outlines Rules for Foreign-Invested Futures Firms

By Garima Chitkara | 28/08/2018

Securities regulator set out requirements for firm shareholders, senior management and application documents. Foreign-funded futures firms must hold all core consumer data and transaction data servers on the mainland.

Fintech / Regtech

Baidu’s Fintech Arm Receives Fund Distribution Licence

By Garima Chitkara | 28/08/2018

A unit of Du Xiaoman, a Baidu subsidiary, received a fund distribution licence from the CSRC and will have six months to complete preparatory work. It will also need to apply for a securities and futures license.

Securities / Derivatives

HK-China Bond Connect Enables DvP Settlement

By Editors | 27/08/2018

A key demand from international investors, a real-time delivery-versus-payment settlement system has now been implemented on the Bond Connect.

Fintech / Regtech

MAS, SGX to Develop Cross-Platform DvP Settlement of Tokenised Assets

By Manesh Samtani | 27/08/2018

Nasdaq, Deloitte and Anquan appointed as technology partners to enable simultaneous exchange and settlement of tokenised digital currencies and securities assets using blockchain technology.

Crypto / Digital Assets

The Rise of the Crypto Hedge Fund: Opportunities and Challenges

By Hannah Cassidy | 27/08/2018

Cryptocurrency is fast establishing itself as a mainstream asset class, evident from the emergence of several new crypto hedge funds. However, given the complex regulatory and operational issues involved, it is important for firms to review crypto-related projects carefully and engage with regulators early to avoid costly surprises and delays.