All Entries Tagged With: "broker"
China Merchants Securities Implements NASDAQ OMX’s SMARTS Broker
China Merchants Securities (HK) Co, Ltd. (“CMS”), a wholly owned subsidiary of China Merchants Securities Co., Ltd (“China Merchants Securities”), has implemented NASDAQ OMX’s SMARTS Broker solution for surveillance and compliance monitoring of its equities trading activity. CMS’ compliance team will use the SMARTS Broker solution to enhance surveillance capabilities in monitoring both client and [...]
China Xin Yongan Joins HKMEx
The Hong Kong Mercantile Exchange (HKMEx), China’s global marketplace, announced March 19 that China Xin Yongan Futures Company Limited has been approved as a broking member, making it the fifth member to join HKMEx in 2012, on the heels of Jefferies Bache’s admission last week as a clearing member of the Exchange. The HKMEx membership [...]
Thai Futures Exchange Announces Broker Ranking for January
The Thailand Futures Exchange plc (TFEX), under The Stock Exchange of Thailand (SET) group, launches monthly broker ranking report to announce top active derivatives brokers which have the most client trading volumes by markets, which are equities, precious metal, and energy. In January, Maybank Kim Eng Securities (Thailand) pcl ranked the top active derivatives broker [...]
Thai Bourse to Admit New Members
The Stock Exchange of Thailand (SET) announces that the admission of new brokerage member is ready to open from January 1, 2012 in line with the liberalization of brokerage licensing by the Securities and Exchange Commission (SEC). The SET adjusted rules relating to membership admission for securities business by welcoming all qualified applicants based on [...]
Nomura Announces Senior Equities Appointments in Asia
Nomura, the global investment bank, has announced December 20 a series of senior appointments across its Asia-Pacific Equities franchise. Jean El Khoury has been appointed as Head of Equity Trading, Asia ex-Japan; Christopher Carter joins Nomura as Head of Equity Derivatives, Japan; Shinichiro Eguchi has been appointed Head of Execution Services Trading, Japan; Nick Heather [...]
Korea FSC Best Practice Guidelines for Hedge Funds and Prime Brokers
I. Hedge Funds 1. Guidelines for internal control and risk management Hedge fund management firms are required to set guidelines for internal control over hedge fund management, which include work manuals for executives and employees, and designate persons in charge of internal control matters. In order to manage risks involved in hedge fund investment, hedge [...]
Foreign JVs in China Eye Slice of Pie
Brokerages with experience in cross-border deals will gain from new Shanghai international board Although China has been a member of the World Trade Organization (WTO) for 10 years, the expansion of foreign investment banks in the country remains slow and joint-venture securities firms are still struggling to gain clients and a larger share of the [...]
Broadridge Connects to Chi-X in Australia Through New Multi-Market Broker Trading Connectivity Solution
Broadridge Financial Solutions, Inc. announced November 29 that, beginning October 31, 2011, users of its SUMMIT stockbroking and accounting solution for the Australian equities market are able to take full advantage of Broadridge’s new broker trading connectivity tool to process trades executed on the recently launched Chi-X alternative exchange in Australia. This coincided with the [...]
Guotai Junan Futures joins Exchange as Broking Member
The Hong Kong Mercantile Exchange (“HKMEx”), China’s international commodity marketplace, announced November 24 the addition of Guotai Junan Futures (Hong Kong) Ltd, as the Exchange’s newest broking member. The addition will further HKMEx’s reach through Guotai Junan’s extensive customer base in Greater China, and at the same time give the futures firm access to the [...]
ASIC Markets Disciplinary Panel Fines Paterson $25K
ASIC announced September 30 Patersons Securities Ltd (Patersons) has paid a penalty of $25,000 and provided training to its Designated Trading Representatives in order to comply with an infringement notice given to it by the Markets Disciplinary Panel. Patersons was alleged by ASIC to have contravened section 798H(1) of the Corporations Act 2001 (the Corporations [...]
