Broadridge and China Renaissance to expand post-trade processing via Stock Connect
The expanded partnership between Broadridge and China Renaissance will facilitate the clearing and settlement of both Shenzhen- and Shanghai-listed equities.
The expanded partnership between Broadridge and China Renaissance will facilitate the clearing and settlement of both Shenzhen- and Shanghai-listed equities.
HKEX Synapse, unveiled in November last year, will enable asset managers, custody and clearing banks to handle the growing volume of trades though Stock Connect into China.
Severe rainstorm warning forced HKEX to delay its market open on Monday morning before trading resumed at 1.30pm local time.
New hire at HKEX comes at a crucial time for the exchange group as it looks to implement and roll out several key post-trade initiatives.
Nicolas Aguzin joins Hong Kong Exchanges and Clearing as chief executive officer after 30 years at JP Morgan.
CME Group loses position of most valuable exchange group to HKEX as the Hong Kong venue’s long-serving CEO steps away.
Hong Kong Exchanges and Clearing (HKEX) has completed its first client clearing trades for Japanese banks, further expanding the international reach of its fixed income and currency clearing offering.
HKEX will use DAML-developed smart contracts and has partnered with DTCC to streamline and automate Northbound Stock Connect post-trade processes.
The HKEX futures and options contracts will launch on 23 November 2020 and 18 January 2021 respectively as the first ETDs to track the Hang Seng TECH index.
Charles Li will now retire in December with HKEX chief operating officer, Calvin Tai, set to take over as interim CEO as the search for a permanent chief executive is undertaken.