Capital markets regulator has proposed a series of changes to the Margin Trading Facility (MTF) framework aimed at improving operational efficiency for brokers while strengthening risk management amid rising trading volumes.
In a consultation paper released on Wednesday, the market regulator invited public comments on a package of reforms. These include expanding funding avenues for brokers, increasing the minimum net-worth requirement to offer MTF, permitting limited liability partnerships (LLPs) to provide the facility, and streamlining collateral management.
