Singapore Exchange (SGX) has suffered its
fourth outage in the past two years today, the exchange posting a message on
its website saying trading was suspended at 11.38 am local time “due to duplicate trade confirmation messages being
SGX says ...
The Monetary Authority of Singapore (MAS)
has postponed the implementation of rules surrounding margin requirements for
non-centrally cleared derivatives.
The rules were due to be invoked on
September 1, however in a letter to market participants, MAS says it has been ...
The Australian Competition and Consumer Commission (ACCC) has commenced legal proceedings on a consent basis against ANZ and Macquarie Bank in relation to alleged attempts to engage in cartel conduct in FX markets.
The ACCC says that following cooperation by ANZ and Macquarie, the parties have agreed that a Macquarie trader and multiple traders within ANZ engaged in a private chatroom to discuss daily submissions to be made to the Association of Banks in Singapore (ABS) in relation to the benchmark rate for the Malaysian ringgit fixing rate.