Author Archive for Steve
Liquidnet Sees Record Growth and Membership Enagement in Asia
Lee Porter, Head of Asia Pacific, LiquidnetLiquidnet, the global institutional trading network, reported a series of Asia Pacific trading records in May, including a record month of principal traded and the highest volume traded in a single day, since launching in the region five years ago, as the >>
MAS Proposes Regulatory Framework for Financial Benchmarks
Ravi Menon Managing Director Monetary Authority of SingaporeThe Monetary Authority of Singapore (MAS) announced 14 June a proposed regulatory framework for financial benchmarks1. The new framework will enhance the integrity of the processes for setting these financial benchmarks. 2 MAS has >>
Torchetti Joins SGX to Head Post-trade Services
Nico Torchetti Head of Post Trade Services SGXSingapore Exchange (SGX) is pleased to appoint Nico Torchetti as the new Head of Post Trade Services effective 1 August 2013. Mr Torchetti will be responsible for spearheading the strategy and managing the execution of SGX’s Post Trade services. >>
Bank of Korea Goes Live with Calypso’s Integrated Asset Management Solution
Charles Marston Calypso Chairman and CEOCalypso Technology, Inc., the leading integrated treasury and capital markets software provider, announced June 11 that the Bank of Korea, responsible for managing the world’s 7th largest foreign reserve of $329 billion USD, has gone live with Calypso’s >>
SGX Proposes Circuit Breakers for Securities Market
Magnus Bocker CEO of SGXSingapore Exchange (SGX) is consulting the public on proposed circuit breakers for the securities market. Circuit breakers seek to address sharp price movements in a traded instrument within a short period and give the market time to take stock of the situation. In this >>
HK SFC Fines Credit Suisse Securities $1.6 million for Regulatory Breaches
Ashley Alder, HK SFC CEOThe Securities and Futures Commission (SFC) has reprimanded and fined Credit Suisse Securities (Hong Kong) Limited (Credit Suisse) $1.6 million for regulatory breaches and internal control failings relating to position limit failures (Note 1). Credit Suisse has also >>
Martin Abbott to step down as HKEx’s Co-head of Global Markets and LME’s CE
Martin AbbottHong Kong Exchanges and Clearing Limited (HKEx) and The London Metal Exchange (LME) announced June 6 that Martin Abbott, HKEx’s Co-head of Global Markets and LME’s Chief Executive (CE), has tendered his resignation from the HKEx group. Mr Abbott has agreed to stay in his current >>
ASX Participants Support Implementation of OTC Clearing Solution for Australian Market
Elmer Funke Kupper, CEO ASX GroupASX has received approval from the required majority of its 14 futures clearing participants for the rule amendments to implement a new OTC Derivatives Clearing Service for the Australian market. ASX will now proceed to seek formal regulatory clearance for the >>
SGX Securities and Derivatives Activities Grow in May
Magnus Bocker CEO of SGXSingapore Exchange (SGX) said 3 June its securities and derivatives activities grew in May both month-on-month and year-on-year. Securities * Total securities turnover was S$37.3 billion, up 45% year on year and up 22% month on month * Daily average value was S$1.8 >>
MSCI Launches MSCI China A High Dividend Yield Index
Theodore Niggli, Head MSCI Index Business Asia PacificMSCI Inc., a leading provider of investment decision support tools worldwide, announced June 4 that it is introducing the MSCI China A High Dividend Yield (HDY) Index. This new index includes stocks with a track record of sustainable and >>
