India to roll out optional T+0 from March 2024 as part of roadmap to instantaneous settlement
Regulator Sebi outlines plan to move to instantaneous settlement by March 2025 on an optional basis using a parallel system to the current T+1 structure.
Regions
Half of traders convinced FCA post-Brexit DVC decision will have little bearing on dark trading
Liquidity is continuing to shift away from continuous lit trading as traders increasing seek flexibility, SIX Swiss Exchange finds in new research.
Interactive Brokers gets regulatory green light for new cryptocurrency retail trading expansion
Eligible clients will now be able to transact and manage cryptocurrencies alongside other asset classes in a single account and interface.
HKEX reveals plans to launch China treasury bond futures
The move will help increase international participation in China’s equities and fixed-income markets and increase investment and risk management opportunities in Hong Kong.
LMAX Group given green light for NDF trading in both Singapore and London
The Monetary Authority of Singapore (MAS) has confirmed that LMAX Exchange Singapore is now a recognised market operator (RMO).
Barclays hires Nomura equity derivatives expert in APAC role
Incoming individual has previously worked at: Nomura, Credit Suisse and Societe Generale Corporate and Investment Banking.
State Street Global Advisors hires from within for new head of EMEA
Individual has been with State Street since 2000, currently serving as chief executive of State Street Global Advisors Europe.
Brexit is not the problem, Europe’s lack of liquidity is
Amid stagnant volumes and increasing fragmentation, the industry must draw its focus away from UK and European divergence and refocus its attention on competing with the rest of the world, writes Annabel Smith.
Barclays joins Vienna Stock Exchange as trading member
The bank joins a list of 66 members who are currently admitted to the exchange.
Credit Suisse veteran joins Instinet as head of Americas execution sales
Incoming individual spent almost 20 years at Credit Suisse, most recently as managing director, head of AES sales Americas.