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HKEx and Micex sign MoU

03 July 2007  |  1451 views  |  0 Source: Hong Kong Exchanges and Clearing

Hong Kong Exchanges and Clearing Limited (HKEx) and Moscow Interbank Currency Exchange (MICEX) today (Tuesday) signed a Memorandum of Understanding (MOU) on cooperation and the exchange of information.

The MOU was signed by HKEx Chief Executive Paul Chow and MICEX President Alexander Potemkin. Professor K C Chan, Secretary for Financial Services and the Treasury, also attended the MOU signing ceremony.

Mr Chow said: "The MOU entered into with MICEX today marks a new stage of development for HKEx in collaborating with a major stock exchange in Russia and Eastern Europe. We hope by entering into this MOU, MICEX and HKEx will have a closer relationship in sharing market information and enhance the development of exchanges in the two regions by promoting dual listings and bilateral flow of investment funds."

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