All Entries in the "Equity News" Category
Infograph: Commission Sharing Agreements in Asia
This Infographic on Commission Sharing Agreements (CSAs) in Asia provides a visual representation of just how far unbudling has come in this part of the world. This infogrpahic and the articel below it appeared in our second issue of the Asia Etrader magazine Please click the image below to see the full size. Sub: The [...]
ASIC Releases Exchange Traded Funds Report
ASIC released a report on exchange traded funds (ETFs) March 29 which outlines how this growing industry is regulated in Australia and the impact of proposed international principles to address concerns by overseas regulators. Report 282 Regulation of Exchange Traded Funds ( REP 282), explains ASIC’s current understanding about the operation of ETFs and ongoing [...]
Korea FSC Reporting System for High Volume Short Sales
BACKGROUND Since the global financial crisis, major economies have adopted a reporting regime for high volume short sales in line with global discussions* to enhance transparency of short selling. *Principles for Short Selling Regulation proposed by the International Organization of Securities Commission (IOSCO) on June 2009. * Provide ready access to information on short selling [...]
HK SFC Concludes Short Position Reporting Rules
The Securities and Futures Commission (SFC) published February 10 the conclusions to the Further Consultation on the Securities and Futures (Short Position Reporting) Rules (Rules) ended in November 2011 (Note 1). The proposed Rules attached to the conclusions will be submitted to the Legislative Council for consideration. Subject to the legislative process, the Rules will [...]
Fidessa Explores Challenges and Opportunities of Best Execution in Australia
Fidessa group plc, provider of high-performance trading, investment management and information solutions for the world’s financial community, has today announced the publication of the third in its series of white papers looking at issues raised by the new market integrity legislation in Australia. Entitled Beauty and the Best – the perils and opportunities of Best [...]
Hong Kong Changes of Designated Securities for Short Selling
The Stock Exchange of Hong Kong Limited, a wholly-owned subsidiary of Hong Kong Exchanges and Clearing Limited (HKEx), announces that with effect from 10 February 2012 (Friday), 12 additional securities will be eligible for short selling and 39 existing designated securities will be removed from the list. The total number of designated securities for short [...]
ConvergEx Group Delivers ADR Direct Technology for Korean Stocks
ConvergEx Group, a leading technology company, announced January 5 that customers can use its patented* ADR Direct® technology to trade ordinary shares in Korea and convert those shares to ADRs. Using ADR Direct minimizes market impact and reduces explicit trading costs, all while offering real‐time transparency. Additionally, the ConvergEx ADR desk will provide guidance on [...]
SGX Expands GlobalQuote Footprint with New ADRs
Singapore Exchange (SGX) is expanding its GlobalQuote footprint as it adds 15 new American Depositary Receipts (ADR) to its international quotation board on 29 December 2011. These new additions are part of SGX’s continuing efforts to expand the scope and coverage of GlobalQuote in order to offer more international investment opportunities for market participants. All [...]
Korea FSC Lifts Temporary Short Selling Ban
The FSC decided to lift a three-month ban (August 10 – November 9) on short selling of non-financial stocks from November 10, while maintaining the ban on financial stocks for a while. Stock market volatility has been considerably subdued since August when the financial market turmoil began to unfold.* * KOSPI: 2,172 (Aug.1) →1,801 (Aug. [...]
Admission of CITIC Securities Company Limited to List of Designated Securities for Short Selling
The Stock Exchange of Hong Kong Limited, a wholly-owned subsidiary of Hong Kong Exchanges and Clearing Limited (HKEx), announces that with effect from 14 November 2011 (Monday), CITIC Securities Company Limited (Stock code: 6030) will be admitted to the list of designated securities eligible for short selling.
