18 October 2017
visit www.avoka.com

Nasdaq and Shanghai Stock Exchange sign MoU

23 October 2006  |  1851 views  |  0 Source: Nasdaq

The NASDAQ Stock Market LLC (NASDAQ) and the Shanghai Stock Exchange (SSE) today announced the signing of a Memorandum of Understanding.

NASDAQ and the SSE have established a formal understanding to develop channels of communication and forge an ongoing relationship and sharing of information between the two markets. This will be for the benefit of investors in the U.S. and the People's Republic of China.

Adena Friedman, Executive Vice President of NASDAQ's Corporate Strategy said, "Since its foundation in 1990 the SSE has made impressive inroads in its technology and development. NASDAQ looks forward to this understanding evolving further and to sharing information with this important market. As an exchange we have been committed to China for a number of years. By increasing the lines of communication between the two exchanges, we expect this agreement to benefit market participants and the financial services industry in the U.S. and the People's Republic of China."

NASDAQ currently lists 29 Chinese companies with a combined global market cap of approximately US$20.1 billion.

Comments: (0)

Comment on this story (membership required)

Related company news


Related blogs

Create a blog about this story (membership required)
visit www.capgemini.comvisit www.vasco.comvisit www.innotribe.com

Top topics

Most viewed Most shared
Ripple looks to drive bank adoption with $300m XRP rebate programmeRipple looks to drive bank adoption with $...
15457 views comments | 12 tweets | 4 linkedin
Swift positive on blockchain, but big challenges remainSwift positive on blockchain, but big chal...
8656 views comments | 16 tweets | 22 linkedin
hands typing furiouslyHow artificial intelligence can deliver a...
8232 views 0 | 8 tweets | 9 linkedin
satelliteGates Foundation backs Ripple collaboratio...
7718 views comments | 13 tweets | 10 linkedin
IBM uses blockchain to improve cross-border payments processingIBM uses blockchain to improve cross-borde...
6924 views comments | 9 tweets | 17 linkedin

Featured job

Competitive base, double ote, benefits
London, UK

Find your next job