Hong Kong exchange puts in £32bn bid to buy the London Stock Exchange Group
Proposed mega deal would see two of the world’s largest market infrastructure groups combine as Hong Kong exchange chief proposes connecting ‘East to West’.
Proposed mega deal would see two of the world’s largest market infrastructure groups combine as Hong Kong exchange chief proposes connecting ‘East to West’.
Closing auction session at HKEX will now incorporate more than 2,600 securities.
Shenzhen-based Ronghui Tongjin, which provides IT services to Chinese institutions, is now part of the HKEX Group.
Niguel Brooks has previously worked as a senior technology advisor at ASX, and was previously part of the IT management team at SGX.
HKEX will take a majority stake in Ronghui Tongjin, an exchange technology specialist based in Shenzhen.
HKEX will develop new systems for the proposed paperless regime, which could be in place by early 2022.
Market participants can access HKEX’s OTC Clear service for FX forward and swaps via Traiana’s CCP Connect.
Bloomberg claims position as the first platform connected to CFETS to offer global investors access to the CIBM Direct and Bond Connect initiatives.
Cindy Chen will oversee the post-trade business development team, as well as the blockchain project HKEX is working on with Digital Asset.
Roger Lee will retire on 1 January 2019 after more than 20 years with HKEX.