All Entries Tagged With: "hong kong"
HKEx Comments on Media Regarding LME
This announcement is made pursuant to Rule 13.09(1) of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited (the “Listing Rules”). The board of directors (the “Board) of Hong Kong Exchanges and Clearing Limited (“HKEx”) notes recent media speculation with regard to its possible interest in the London Metal [...]
Appointment of HKEx Chairman Approved
Hong Kong Exchanges and Clearing Limited (HKEx) today (Friday) received the written approval of the Chief Executive of the Hong Kong Special Administrative Region (HKSAR) on the appointment of Chow Chung Kong as Chairman of HKEx with immediate effect until the conclusion of the annual general meeting of HKEx to be held in 2014. Mr [...]
HKEX Censures Goldman For Breaching Listing Agreement
GS (as Issuer of structured products listed and traded on the Exchange) and The Goldman Sachs Group, Inc. (as Guarantor) signed the Listing Agreement with the Exchange dated 25 October 2005. The Listing Agreement set out the obligations to which GS was and is subject as an issuer of structured products. Under Paragraph 2(5) of [...]
HKEx Announces Plans for Renminbi Futures
Hong Kong Exchanges and Clearing Limited (HKEx) plans to introduce Renminbi (RMB) currency futures in the third quarter of this year, subject to regulatory approval and market readiness. The planned USD/CNH futures contract* is designed to provide a way for investors to hedge RMB exposure. HKEx’s USD/CNH futures contract requires delivery of US dollars by [...]
BNP Paribas Securities Services Adds Hong Kong to Cross-Border Distribution Network
BNP Paribas Securities Services (BNP Paribas) announced April 19 that it has added Hong Kong to its cross-border fund distribution network, enabling it to support non-Hong Kong-domiciled fund managers’ distribution requirements in the region. The move simplifies and optimises global fund managers’ access to Hong Kong by making it easier for them to register funds [...]
China Everbright Securities Live With ULLINK OMS
ULLINK, provider of low-latency connectivity and trading solutions for the global financial community, announced April 19 that CHINA EVERBRIGHT SECURITIES went live with ULLINK’s comprehensive order management solution in Hong Kong. The solution includes electronic client order collection from multiple networks, care order management with institutional trading front-ends, pre-trade risk management, and direct market access [...]
Hong Kong Government Considering Naming Former Rail Chief Chow To Head HKEx
The Hong Kong government is considering appointing the former head of Hong Kong rail operator MTR Corp. (0066.HK) as the chairman of Hong Kong bourse operator Hong Kong Exchanges & Clearing Ltd. (0388.HK), the Hong Kong Economic Times said Tuesday, citing an unnamed source. Chow Chung-kong is favoured to succeed Ronald Arculli, who will be [...]
ABN AMRO Clearing Selected as Founding Member of HKEx
ABN AMRO Clearing in Hong Kong announced April 3 it is selected for the founding member program of Hong Kong Exchanges and Clearing Limited (HKEx). As part of HKEx’s Hosting Services Founding Members Program, ABN AMRO Clearing (AAC) will participate in the early set-up of the hosting ecosystem at HKEx’s Next Generation Data Center (NGDC), [...]
Clearstream Supports HKEx With Easy Access to Global Post-Trade Services
Clearstream announced March 28 that it will join the Hong Kong Exchanges and Clearing Limited (HKEx) Ecosystem initiative as a founding member. The Ecosystem is an innovative approach to data management services that is designed to provide eligible participants from across the spectrum of financial and securities markets with access to HKEx market data, trading [...]
HKEx Invests US$380 Million in Technology to Fuel Growth
Hong Kong Exchanges and Clearing Limited (HKEx) has announced March 28 the launch of “HKEx Orion”, a transformative programme of technology initiatives that will elevate Hong Kong’s position on the world’s financial stage. Designed to revolutionise HKEx’s core trading platforms, the HKEx Orion programme will deliver connectivity networks, a state-of-the-art data centre and systems providing [...]
