HKEX targets pan-Asian status for 2009

11 Dec 2006

Hong Kong Exchanges and Clearing (HKEX) has put itself forward as a pan-Asian exchange with the explicit goal of opening up Chinese markets to international traders in a mission statement designed to take it towards the end of the decade.

Claiming its status as a "preferred partner" for...

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"For exchange-traded derivative markets, the monopoly of middle and back office providers is likely to be challenged. Historically, the three incumbent providers have been largely unchallenged due to widely held fears of ‘migration risk’."

Clive Furness, MD, Contango Markets