As the Saudi Stock Exchange (Tadawul) prepares to open up to direct foreign investment for the first time, Japanese investment bank Nomura has been authorised by the country’s Capital Markets Authority to offer indirect access to Saudi equities via p-notes.
Investment management firm BlackRock has appointed Morgan Stanley as one of its primary clearing brokers for OTC derivatives transactions in the lead-up to central clearing of derivatives becoming mandatory in the wake of Dodd-Frank.
Europe’s buy-side remains divided over whether or not regulators should step in and mandate tick sizes for the continent’s exchanges, according to the results of February’s theTRADEnews.com poll.
Impending rule changes will allow Japanese market participants to access alternative venues when the main exchanges experience outages.
HSBC has appointed a new client services head to lead its Securities Services business in Singapore.
Singapore Exchange has added two new exchange-traded funds to its market, giving investors new ways of gaining exposure to Indonesia and Thailand.
Threadneedle Asset Management’s trading desk has averted a disaster many large banks proved unable to prevent, catching a potential rogue trader before he was able to cause harm.
The London Stock Exchange is well positioned to secure a takeover of LCH.Clearnet, according to private German bank Berenberg, but the UK bourse should be wary of the potential for NYSE Euronext to frustrate its efforts.
BM&F Bovespa has seen derivatives trading soar to record highs while cash equities remained flat in a year of dramatic technical change at the Brazilian bourse.
Hong Kong Exchanges and Clearing rolled out VHSI Futures, the first tradable volatility futures in Asia, on 20 February.