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  • Bank of America Merrill Lynch has hired from within for the newly created role of head of southeast Asia equity capital markets in Singapore. The hire beefs up the bank’s Asian ECM senior management team.
  • Standard Chartered has made four appointments to its cash equities sales team in Asia as part of its efforts to enhance its equities division in response to growing demand from clients.
  • On Friday the Securities & Exchange Commission approved an order type on the New York Stock Exchange which allows the exchange to give preferential treatment to some orders over others. Any market participant can use the order type, but the move is expected to disproportionately benefit high frequency trading firms.
  • The Monetary Authority of Singapore (MAS) has released a consultation paper on real estate investment trusts (Reits) with proposals it says will improve governance while offering more flexibility.
  • The Securities and Exchange Board of India (Sebi) has published the final regulations for newly approved real estate investment trusts (Reits) and infrastructure investment trusts (InvITs).
  • Exotix Partners has made its second new hire in two weeks, appointing Anthea Alexander to lead its coverage of South African consumer stocks as the emerging markets specialist merchant bank increases its focus on sub-Saharan Africa.