China's securities industry landscape is expected to change dramatically over the next several years. Until a new order led by several internationally competitive securities firms emerges, China will delay...
The Tokyo Stock Exchange (TSE) is mulling whether to extend its trading hours. On July 25, it published a discussion paper that proposed specific approaches to extending trading hours...
Pension fund management has undergone various changes in response to the financial crisis that ensued from Lehman Brothers' 2008 collapse. For example, pension funds have been rethinking policy portfolios'...
Chinese stock brokerages face a war of attrition in the retail market segment, which accounts for most of their operating revenues, amid intensification of competition to capture new customers...
Financial institutions have started preparing for the advent of Japanese individual savings accounts in 2012. To provide a diverse range of services conducive to expansion of the Japanese ISA...
With asset management companies still beset by an adverse operating environment and Japanese equities losing relative appeal, the Japanese asset management industry seems mired in stagnation. Japanese asset management...
Japanese equities’ underperformance and changes in institutional investors’ mandates are major threats that undermine Japanese asset managers’ competitiveness. Japanese asset management companies are well advised to expand globally by...
In terms of size, Chinese securities markets now rival their counterparts in developed countries, but they still differ substantially from Japanese, European, and American markets in two respects. First,...
Although proprietary trading systems can often execute trades at better prices than those available on exchanges, this fact is not widely known in Japan. However, with market infrastructure being...
A healthy credit market is essential to improving the financial system's stability and economic policy's effectiveness. Developing SME credit information infrastructure is important for improving liquidity in Japan's credit...