Ko Cho Ting, formerly of Emperor Securities, has been suspended for two years by Hong Kong's Securities and Futures Commission.
Chan Hau-Wing has received a two-year ban from Hong Kong's securities regulator for conducting unauthorised trades while working for Yue Xiu Futures.
The market reacts positively to an announcement that the stock price fluctuation limit from the previous day’s close will rise to 30% from next year, although some still raise volatility concerns.
Hong Kong's exchange has set a timetable for re-implementing a long-sought-after closing auction for its cash market. A price cap is expected to be introduced to dampen volatility.
HSBC becomes the latest global custodian to offer broker outsourcing services to top-tier broker-dealers. But some analysts say smaller brokers would gain more from these services.
The executive director of the SFC's enforcement division, Mark Steward, tells a forum in Hong Kong that proposed risk-control rules on algo trading are less invasive than feared.
A sharp fall in commission payments last year meant institutions had less equity commission from which to allocate costs for sell-side research and services, says Greenwich Associates.
Having left Bank of America Merrill Lynch last year, Diana Yang is back within Harvey Twomey's orbit.
The broker will offer listed equity products onshore and expects particularly strong demand for index futures from foreign institutions.
It takes three to tango, say the co-advisors of a new China long/short fund.
Regulators put in a quiet word over linking trading agreements to mutual fund distribution.
Deutsche Bank has appointed Anthony Byrne as director and head of Asia-Pacific equity prime services, which encompasses prime brokerage, structured equity finance and securities lending.