Clare Witts, the Head of Equity APAC Market Structure at J.P. Morgan, discusses the shifting landscape of Asia's bond and equity markets. She highlights significant regulatory changes impacting investor access in Japan, Korea, and India. Clare dives into Korea's market structure reforms and India's government bond index inclusions. The rise of electronic trading is also examined, revealing how individual investors are shaping market trends. Tune in for insights on adapting to these rapid transformations and what lies ahead.
14:01
forum Ask episode
web_stories AI Snips
view_agenda Chapters
auto_awesome Transcript
info_circle Episode notes
insights INSIGHT
APAC Equity Market Focus
Developed APAC equity markets like Japan, Hong Kong, and Australia focus on improving trading efficiency and reducing costs.
Emerging markets like India and Korea prioritize improving access for foreign investors because of their size and opportunity.
insights INSIGHT
India's Bond Market Inclusion
India's inclusion in global bond indices has increased foreign investor holdings of its Fully Accessible Route (FAR) bonds.
Further focus is expected on margin posting, settlement, and potential regulatory changes by the Reserve Bank of India.
insights INSIGHT
Korea's Market Structure Reforms
Korea's market structure reforms, including extending FX trading hours, aim to attract investment.
Korea's government bonds will join the FTSE WGBI Index, potentially increasing inflows and FX market liquidity.
Get the Snipd Podcast app to discover more snips from this episode
In this episode of J.P. Morgan’s Making Sense, host Meridy Cleary from the FICC Market Structure team engages in an insightful discussion with Clare Witts, head of Equity APAC Market Structure. They delve into the evolving trading landscape across Asia's fixed income, FX, and equities markets. They also explore the significant regulatory changes and execution trends impacting both developed and emerging markets, with a particular focus on Japan, Korea and India.
Meridy and Clare highlight the ongoing efforts to improve foreign investor access, liquidity and overall market efficiency, while also examining the implications of index inclusions for India’s government bonds and Korea’s market structure reforms. The conversation further touches on the challenges of trade execution in a fragmented market and the rise of electronic trading across various asset classes in the region.
Listeners will gain valuable insights into how market participants are adapting to the rapid changes and what to expect in the upcoming year.
This episode was recorded on January 22, 2025.
The views expressed in this podcast may not necessarily reflect the views of JPMorgan Chase & Co, and its affiliates, together J.P. Morgan, and do not constitute research or recommendation advice or an offer or a solicitation to buy or sell any security or financial instrument. They are not issued by Research but are a solicitation under CFTC Rule 1.71. Referenced products and services in this podcast may not be suitable for you, and may not be available in all jurisdictions. J.P. Morgan may make markets and trade as principal in securities and other asset classes and financial products that may have been discussed. The FICC market structure publications, or to one, newsletters, mentioned in this podcast are available for J.P. Morgan clients. Please contact your J.P. Morgan sales representative should you wish to receive these. For additional disclaimers and regulatory disclosures, please visit www.jpmorgan.com/disclosures
Making Sense