Asia Pacific

The move, which was originally scheduled for 2 January 2024, has been pushed back to March

Mirae Asset Securities has acquired Sharekhan Limited in a US$370 million deal

The commercial Chinese bank will use Adenza’s Calypso Treasury front-to-back solution to support its modernisation, consolidation and risk management strategy

The centre will provide a full range of fund accounting administration and asset services for MUFG Investor Services clients in Asia, and will support the firm’s 16 locations

The business will offer a suite of services for clients including customised trading solutions, research and analysis, account management and access to global markets

The company aims to launch its brokerage service at the start of 2024, upon securing approvals from the ADGM and FSRA

Investors are now able to trade SSOs on four listed stocks as their underlying assets, according to the Saudi Arabia stock exchange

The ban will commence from 6 November 2023 until the end of June 2024, and will prohibit the short selling of all KOSPI, KOSDAQ and KONEX listed items