Another Leap Forward

This article first appeared in Waters. The benchmark Shanghai Composite Index broke 6,000 points on Oct. 17, just as the World Federation of Exchanges held its annual conference in Shanghai. London Stock Exchange CEO Clara Furse, who attended the event, says this shows that the nation’s leading market, which joined the federation five years ago, […]

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Waters Exclusive: Asia Report

Despite connectivity issues, regulatory hurdles and liquidity barriers, traders are eager to try out algorithms. Electronic trading and the use of algorithms in Asian markets continue to grow despite regulatory hurdles and technological bottlenecks. According to Goldman Sachs, the value of client-directed trade orders executed through algorithms during 2007 more than tripled in Japanese equities

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Hedge Funds: Ready, Set …

Emerging markets pose regulatory obstacles and provide fewer trading options but offer the biggest opportunities. When Lou Gerken first started investing in Asia in the mid-70s as an investment professional at London’s GT Capital, Sony was a small-cap stock and Japan was considered a risky, emerging market. Today, Gerken is chairman of San Francisco-based hedge

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Is China Too Hot to Handle?

The Chinese government takes steps to put a lid on an overheated stock market. New Chinese investors are rushing into the stock market like buyers trying to get their hands on an Apple iPhone or Nintendo Wii. An average of 300,000 new brokerage accounts for investing in mainland equities and mutual funds were opened daily

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Competition Looms

Exchanges and regulators must brace for increased volumes as ATSes and crossing networks pour in resources, but governments are likely to remain protective. Alternative trading systems and crossing networks for equities are ramping up their presence in Asia this summer and while the exchanges are not likely to feel the searing heat of competition just

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Hidden Dragon

For five years, starting in 2001, the Chinese stock market headed down. Investors pulled out their money; brokerages went bankrupt. Then the Chinese government instituted a series of far-reaching… Read full article at Waters (subscription required)

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