All Entries in the "Risk News" Category
SGX Proposes Rule Changes to Enhance Risk Controls in Derivatives Market
Singapore Exchange (SGX) is consulting the public on proposed rule changes as part of enhancements in risk controls in the SGX Derivatives Trading market. SGX is introducing exchange-hosted pre-trade risk checks on available customer credit for incoming orders before they reach SGX’s order matching engine. These checks are in line with the Futures Industry Association’s [...]
Hong Kong Clearing House Risk Management Reforms
This article appeared in Issue 1 of the Asia Etrader Magazine. The Stock Exchange of Hong Kong completed an industry consultation for reforming its 3 clearing houses, the HKFE Clearing Corporation (HKCC), the SEHK Options Clearing House (SEOCH) and the Hong Kong Securities and Clearing Company (HKSCC), on October 28, 2011 with an 8 question [...]
SFC Supports HKEx Move to Implement Risk Management Reform Measures For Its Clearing Houses
The Securities and Futures Commission (SFC) welcomes consultation conclusions (Note 1) announced by the Hong Kong Exchanges and Clearing Ltd (HKEx) March 11 to implement risk management reform measures for its clearing houses. The SFC is of the view that the reform measures will enhance the overall stability of the Hong Kong securities and futures [...]
HK SFC Sets up Centralised Unit on Risk Management Headed By Benedicte Nolens
The Securities and Futures Commission (SFC) today announced the establishment of a centralised unit overseeing risk management and strategy planning. The setting up of the Risk and Strategy Unit is in line with the SFC’s statutory objectives of reducing systemic risks and maintaining financial stability in the securities and futures markets. The Unit will be [...]
HKEx Welcomes Government Appointments to HKEx Risk Management Committee
Hong Kong Exchanges and Clearing Limited (HKEx) welcomes the Government’s appointments of the Executive Director (Monetary Management) of the Hong Kong Monetary Authority, the Executive Director (Supervision of Markets) of the Securities and Futures Commission, and the Chairman of the Hong Kong Interbank Clearing Limited (currently Edmond Lau Ying-pan, Keith Lui Kei-kwong and He Guangbei [...]
HKEx Consults Market on the Proposals to Reform HKEx Clearing Houses Risk Management Measures
Hong Kong Exchanges and Clearing Limited (HKEx) published a consultation paper July 9 to seek views on its proposals to reform the risk management framework of HKEx’s clearing houses, which is crucial to the long term stability and competitiveness of Hong Kong. The recent global financial crisis prompted governments, regulators and financial institutions around the [...]
HKEx Welcomes Government Appointments to Risk Management Committee
Hong Kong Exchanges and Clearing Limited (HKEx) welcomes the Government’s appointments of Chan Ngai-hang and Michael Liu and the re-appointment of Edmond Lau as members of HKEx’s Risk Management Committee (RMC). The two-year appointments, which were made under the Securities and Futures Ordinance, will take effect on 1 July 2011 (Friday). Chan Ka-lok and Fong [...]
Singapore Exchange Introduces Pre-trade Risk Controls
Singapore Exchange (SGX) will be introducing pre-trade risk controls to strengthen the marketplace with increased opportunities for direct access to the exchange network. The risk controls will be implemented in the SGX derivatives market by the third quarter of 2011. Mr Gan Seow Ann, President of Singapore Exchange said, “As we embrace high speed trading [...]
Sophis VALUE Powered by Options IT Expands Service to Asia
Sophis, a leading provider of cross-asset, front-to-back portfolio and risk management solutions, today announced that it has expanded its Options IT-hosted VALUE portfolio and risk management solution to buy-side firms in the Asia Pacific region. In June Sophis announced it had selected Options IT, a global provider of high-performance technology Infrastructure-as-a-Service for sell-side and buy-side [...]
Algos Gone Wild on the OSE
On June 1st during the first few minutes of the morning session at the Osaka Securities Exchange (OSE) a prop desk at Deutsche Securities sent several orders to sell the Nikkei 225 and the mini Nikkei 225 futures. These orders were “repeatedly sent to the exchange” by “an internal trading systems error” according to a [...]
