JPX establishes new subsidiary as it aims to evolve into a smart exchange
New initiative aims to foster a new culture that is not constrained by traditional exchange frameworks.
Asia
Tokyo Stock Exchange to extend trading day
The last time closing times were extended was in 1954, when they changed from 14:00 to 15:00 local time.
Bloomberg and CFETS improve Southbound Bond Connect trading efficiency with market maker indicative prices
Indicative prices from Hong Kong market makers are now available for onshore investors to view via the CFETS bond trading platform to improve price discovery.
Deutsche Bank’s Singapore e-FX hub completes first trades
The exchange group confirmed in June last year that it would be launching the hub as part of an ongoing market-wide scheme with the Monetary Authority of Singapore.
Goldman Sachs cements China presence with acquisition of remaining stake in joint venture
Land grab by major investment banks continues, following a change in Chinese regulation surrounding foreign ownership.
MarketAxess becomes latest platform provider to join growing China bond connect schemes
The new trading channel by MarketAxess will allow global investors to access the China Interbank Bond Market (CIBM) under the Bond Connect and CIBM Direct schemes.
Bloomberg facilitates trades on newly launched Southbound Bond Connect service
Following the launch of Southbound Bond Connect, Bloomberg claimed to have facilitated trades for seven Hong Kong market makers via its Bloomberg Terminal.
Montreal Exchange goes live with Asia Pacific trading hours to drive global expansion
The expansion comes as part of the exchange’s extended trading hours initiative originally launched in 2018.
LCH ForexClear expands Asia presence with first Taiwan client CTBC Bank
The Taiwanese bank has gone live as a client clearing FX derivatives using the ForexClear service at LCH with UBS acting as the clearing broker.
Southbound trading under Bond Connect to go live in one week’s time
Regulators give the green light to a Southbound Bond Connect channel, connecting Mainland China investors to the Hong Kong bond market to encourage outbound investment.