Asia

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.

Eligible clients will now be able to transact and manage cryptocurrencies alongside other asset classes in a single account and interface.

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.

The Monetary Authority of Singapore (MAS) has confirmed that LMAX Exchange Singapore is now a recognised market operator (RMO).

Incoming individual has previously worked at: Nomura, Credit Suisse and Societe Generale Corporate and Investment Banking.

Incoming individual has an established emerging markets focus; most recently worked at Goldman Sachs and Citi.

A first for Asian markets, the platform will also be accessible to individual investors globally, aiming to democratise access to global bond markets via a fractional investment model.

With increasing activity from both the buy- and sell-side, The TRADE explores the initiatives that are helping position Singapore as a major trading hub and the advantages this region can provide for international institutions.

The move comes as part of Marex’s strategy to expand its global client offering in the Asia Pacific region; follows the Australian Securities Exchange adding Marex as a futures clearing and trading participant earlier this month.

The linking of the two offerings is set to enable increased efficiency for asset management businesses in their processes.