The Tokyo Stock Exchange (TSE) hopes that its new Arrowhead platform for equity and corporate bond trading, which launched successfully at the beginning of this week, will attract substantially greater liquidity to Japan’s leading exchange in the coming months.
Chi-East, the joint dark pool initiative between trading platform operator Chi-X Global and the Singapore Exchange, has appointed Ned Phillips as its new chief executive officer.
Newedge, a global multi-asset brokerage, has become the first foreign company to be granted a full futures license in South Korea by the Korea Financial Services Commission, the country’s financial regulator.
The Securities and Exchange Board of India (SEBI), India’s securities regulator, has banned UK-based Barclays Bank from issuing participatory notes after it was found to violate client identity disclosure requirements.
Bursa Malaysia has teamed up with global data vendor Thomson Reuters to develop a new data distribution platform to support the exchange’s growing trading business.
Global broker Bank of America Merrill Lynch has poached a director from agency broker and trading technology firm ITG to head its Asia-Pacific electronic trading sales team.
Singapore Exchange Limited (SGX) and the Monetary Authority of Singapore have joined forces to make the declaration of all short-selling orders compulsory in a bid to improve market transparency.