All Entries in the "Industry News" Category
Co-lo Shows HFT Appetite for New Venues
Intro: At a webcast held on the 26 March, Asia Etrading discussed the opportunities and costs that face new exchanges and markets launching in Asia. The launch of new trading venues is being welcomed by traders, looking for cheaper execution, however conservative regulators and well-ensconced incumbent exchanges in many Asian markets are proving difficult to [...]
China Widens Yuan Trading Band Around USD
The People’s Bank of China (PBOC), or the country’s central bank, announced April 14 it will widen the yuan’s daily trading limit against US dollar currency to 1 percent beginning Monday. In the foreign exchange spot market, Chinese banks can exchange the yuan 1 percent above or below the central parity against the US dollar [...]
Webinar Recording The New Alternative Venues and Exchanges in Asia
This Webinar – The New Alternative Venues and Exchanges in Asia was recorded March 28, 2012 at 5pm Hong Kong time in a panel-style format. The webinar explored how the new alternative trading venues in Asia are coming along and some of the challenges and hurdles that they still During the webinar we did run [...]
SEBI Issues Broad Guidelines on Algorithmic Trading
Broad Guidelines on Algorithmic Trading 1. It has been observed that adoption of technology for the purpose of trading in financial instruments has been on a rise over the past few years. Stock brokers as well as their clients are now making increased usage of trading algorithm (hereinafter referred to as “algo”). 2. Based on [...]
History Of South Korea’s Capital Markets Infographic
[CLICK IMAGE BELOW FOR FULL SIZE] South Korea’s modern capital markets development began back in 1949 with the founding of the first brokerage house Daehan Securities. Over the last 60 years Korea has transformed itself into a vibrant market economy that leads the world in index option futures. The next few years will usher in [...]
MCX-SX Should Be Allowed to Offer Competition in The Exchange Space
The Bombay High Court has set aside the Sebi order denying MCX-SX permission to conduct any business of a stock exchange other than trade in currency derivatives and directed Sebi to consider MCXSX’s application afresh. This is a welcome development and Sebi should now move expeditiously to let the new exchange start operations in all [...]
SBI Japannext Member Notice
We are glad to inform you that in the month of February, SBI Japannext has again achieved several historical new records. Both our monthly and daily average turnovers have topped previous records, now 792.5 billion JPY and 37.7 billion JPY respectively. Previous records were 774.7 billion JPY for monthly turnover in August 2011 and 36.67 [...]
Launch of RQFII Scheme Marks SFC Major Milestone in Third Financial Quarter
In its Quarterly Report released February 29, the Securities and Futures Commission (SFC) marked a major milestone during the quarter ended 31 December 2011; the launch of the Renminbi Qualified Foreign Institutional Investors (RQFII) scheme and authorizing 19 RQFII funds to date. The funds offer Hong Kong retail investors one of the most direct channels [...]
Chi-X Australia Market Operations Notice
ASIC has published February 28 an updated FAQ advising the market of its view that trades executed other than by matching on an order book under the “at or within the spread” criteria in the market integrity rules are not: (a)”on-market” for the purposes of the takeover exceptions in the Corporations Act (the “Act”); (b)entered [...]
KVH and Koscom to Launch Proximity Services for KRX Derivatives Trading
KVH Co. Ltd., Asia’s leading information delivery platform, and Koscom, a leading financial IT solutions provider, announced February 27 that they will offer proximity hosting services for the Korea Exchange (KRX) derivative trading customers at Koscom’s new data center in Busan. They will also offer ultra low-latency connectivity from overseas financial centers to Seoul and [...]
