Friday June 14 2024
News Source: Global Exchanges
Focus: General - Global Exchanges
Type: General
Country: International
On 13th June 2024, Hong Kong Exchanges and Clearing Limited (HKEX) announced that it has signed a cooperation agreement with a unit of Shenzhen Stock Exchange (SZSE), to support the development of HKEX’s Integrated Fund Platform (IFP).
This cooperation will see Shenzhen Securities Communication Co. Ltd (SSCC) establish the Financial Data Exchange Platform (FDEP) Network in Hong Kong. The network will serve as a foundation for the IFP’s Communications Network, which will allow users of the IFP to communicate effectively and support key processes such as subscriptions, redemptions, and notifications.
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