Today the Hong Kong Monetary Authority (HKMA) and Hong Kong Exchanges and Clearing (“HKEX”) announced plans for a wholesale central bank digital currency (wCBDC) trial. The aim is to use the wholesale e-HKD as advance margin for derivatives trading during after hours trading (AHT) sessions. The HKFE Clearing Corporation Limited (HKCC) has multiple settlement banks….
SINGAPORE (Reuters) -The derivatives arm of Singapore Exchange (SGX) said on Monday that it would launch bitcoin and ether cryptocurrency perpetual futures trading on its platform. Set to launch on November 24, the trading will be available to accredited and institutional investors, SGX said in a statement. Perpetual futures are derivatives that allow traders to…
(Bloomberg) — India has temporarily barred Jane Street Group LLC from accessing the local securities market for alleged index manipulation, dealing a severe hit to the US firm that made $4.3 billion in trading gains there in more than two years. Most Read from Bloomberg The Securities and Exchange Board of India said it would…