Hong Kong Exchanges and Clearing Limited (HKEx) today (Wednesday) launched its Mainland Market Data Hub (MMDH) Founding Members Programme, which is designed to allow information vendors and other interested parties to participate in the early set-up of the market data hub HKEx will launch by the third quarter of this year in Shanghai, in connection with the HKEx Orion Market Data Platform (OMD) that is scheduled to be implemented in phases beginning in the second quarter of this year.
In light of the continuing transition towards becoming a vertically and horizontally integrated multi-asset class exchange, Hong Kong Exchanges and Clearing Limited ("HKEx") is implementing an internal reorganisation to better align its resources to its strategic objectives. In this connection, HKEx announces the following senior appointments, all effective 7 January 2013, unless otherwise stated.
Ganghui Financial Information Services (Shanghai) Limited, an indirect wholly-owned subsidiary of Hong Kong Exchanges and Clearing Limited (HKEx) Group, has officially commenced operations in Shanghai.
Hong Kong Exchanges and Clearing Limited (HKEx) and LME Holdings Limited (LME Holdings), the parent company of The London Metal Exchange Limited (LME), are pleased to announce that the acquisition of the entire issued ordinary share capital of LME Holdings by HKEx has completed today.
References are made to the announcements made on 15 June, 9 July, 25 July and 29 November 2012 (collectively the "Announcements") by the Board of Directors ("Board") of Hong Kong Exchanges and Clearing Limited ("HKEx") in connection with the terms of a recommended acquisition for cash of the entire issued ordinary share capital of LME Holdings Limited ("LMEH") by HKEx's indirect wholly-owned subsidiary, HKEx Investment (UK) Limited, by way of a scheme of arrangement and a capital reduction to be effected under the Companies Act.
An update as to the satisfaction of the Regulatory Condition for the recommended acquisition of the entire issued ordinary share capital of LME Holdings Limited, the parent company of The London Metal Exchange Limited, by HKEx Investment by way of a scheme of arrangement and a capital reduction, as announced by HKEx on 15 June 2012.
The board of LME Holdings Limited ("LME Holdings"), the parent company of The London Metal Exchange Limited ("the LME"), is pleased to announce that the ordinary shareholders of LME Holdings have today approved, at a court meeting and an extraordinary general meeting of LME Holdings, all the resolutions required in connection with the proposed scheme of arrangement to implement the acquisition of LME Holdings by Hong Kong Exchanges & Clearing Limited ("HKEx").
BT today announces that it is working with Hong Kong Exchanges and Clearing Limited's (HKEx) to offer BT Radianz Venue to customers hosted at the exchange's new data centre.
IntercontinentalExchange (ICE) and Hong Kong Exchange and Clearing (HKEx) are set to go head-to-head in the race to acquire the London Metal Exchange (LME) after the Chicago Mercantile Exchange followed Nyse Euronext in being eliminated from the bidding for the 140-year old metals market.
Fixnetix, managed services provider for ultra-low latency market data, trading and risk control, announced today access to Hong Kong Exchanges and Clearing Limited (HKEx) as a founding member of the HKEx Hosting Services Ecosystem.
© Finextra Research 2013