LSE gets Hong Kong regulatory nod to HK firms to become LSE members
[HONG KONG] London Stock Exchange said on Monday it has received approval from Securities and Futures Commission to allow Hong Kong trading firms to become members of the LSE.
The LSE membership will allow Hong Kong trading firms direct access to Europe's most liquid and international markets, LSE said in a statement. The connection further boosts the financial ties between the UK and Greater China and gives Hong Kong stock trading firms access to London Stock Exchange's derivatives market, it said.
REUTERS
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Capital Markets & Currencies
Stocks to watch: UOB, DBS, Olam, Far East Orchard, Daiwa House Logistics Trust, Manulife US Reit
Europe: Shares close at record highs on financials boost
US: Sideways day for stocks as Disney tumbles
US dollar inches up; Aussie, yen slide
Singapore stocks end lower even as regional markets rally; STI slips 0.1%
Swiss-Asia Financial Services fined S$2.5 million for breaches of anti-money laundering rules