The Hong Kong Stock Exchange (HKEx) has laid out a strategic plan for 2010-2012 that will help it adjust the developing competitive landscape and enable it capture more business in mainland China.
Hong Kong’s financial regulator, the Securities and Futures Commission (SFC), has unveiled a new regime for the reporting of short positions in an effort to enhance market transparency.
Tora, a trading technology and financial services company focused on equities execution in Asia, plans to expand geographically following investment from Goldman Sachs.
Agency broker Instinet has appointed four executives, including three sales traders, to its new office in Sydney, Australia, to support its aim of becoming a top 10 institutional brokerage in the country by the end of this year.
Asian buy-side firms’ use of self-directed electronic execution tools for equity trading is increasing steadily, according to a new interview-based study by research and consulting firm Greenwich Associates.
The new infrastructure that will be supplied to six ASEAN exchanges by NYSE Technologies, the commercial technology unit of exchange group NYSE Euronext, is expected to lure more overseas institutional liquidity into the region.
Global exchange group Nasdaq OMX is to supply Australian Securities Exchange (ASX) with a new trading system – ASX Trade – scheduled for launch in Q2 2011.
Trading volumes on Asian exchanges could soar by 20-30% per annum in coming years, but market evolution will remain slow because of exchange concentration and regulatory protectionism, according to a study from research group Celent.
Arrowhead, the new high-speed equities trading platform launched by the Tokyo Stock Exchange (TSE) on 4 January, has significantly reduced bid-ask spreads in Japanese stocks since its launch, leading to a marked drop in trading costs, according to analysis by Japanese investment bank Nomura.