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OMHEX and China Securities Depository and Clearing Corporation sign MOU

17 February 2004  |  469 views  |  0

OMHEX and China Securities Depository and Clearing Corporation Limited (SD&C) are delighted to announce that they have signed a Memorandum of Understanding (MOU).

The MOU will be focused on a number of areas of mutual co-operation including the exchange of information to assist in the further development of the markets operated by SD&C. In terms of building a longer term working relationship between OMHEX and SD&C, the MOU will also assess the potential for further co-operation in the areas of business infrastructure, technical infrastructure and business operations.

"This is an important milestone for OMHEX as we continue to increase our focus on the Chinese market. The MOU will serve as an excellent learning platform for both organisations, and we very much hope that it leads to a more formal business partnership between us and SD&C in the future," said Magnus Böcker, CEO and President, OMHEX.

"The MOU will further facilitate the information and personnel exchanges between SD&C and OMHEX, and lay a good foundation for our further cooperation" said Chen Yaoxian, Chairman of SD&C.

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