Asia

The Australian Securities Exchange (ASX) has admitted Japanese investment bank Nomura as a market participant.

The Hong Kong Stock Exchange (HKEx) today reported a successful first day of trading on a new version of its third-generation automatic order matching and execution system, AMS/3.

The Securities and Exchange Board of India (SEBI), India’s securities regulator, has ordered Société Générale to stop issuing participatory notes for Indian securities and threatened to withdraw the French bank’s Foreign Institutional Investor (FII) licence after it violated the ‘know your client’ requirements of India’s FII regulations.

ConvergEx Group, an agency brokerage and trading technology firm, has opened a representative sales office in Sydney, Australia for its Eze OMS (order management system).

The launch of Arrowhead, the Tokyo Stock Exchange’s new trading engine for equities and corporate bonds, is likely to significantly alter the competitive landscape of Japan’s equities markets, affecting the businesses of both brokers and off-exchange trading platforms.

The Bombay Stock Exchange (BSE) has revealed plans to introduce co-location facilities in a bid to attract more automated trading to its platform.

Newedge, a multi-asset brokerage and clearing provider, has appointed Laurent Cunin as head of the Asia-Pacific region and Pierre Gay as head of global fixed income, currency and commodities (FICC).

The Singapore Exchange (SGX) has reported a 56% growth in the trading of listed exchange-traded funds (ETFs) in 2009, the third straight year in which record turnover has been recorded.

Singapore Exchange (SGX) is increasing its derivatives trading hours for contracts with T+1 sessions to accommodate growing international demand for Asian equity derivatives.

Barclays Capital, the investment banking arm of UK bank Barclays, has launched an equities trading service in Japan. The firm started trading on the Tokyo Stock Exchange on 5 January.