Clearstream’s Asian plan 29 March 2012Luxembourg Reporter: Georgina Lavers
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Clearstream will join the Hong Kong Exchanges and Clearing Limited (HKEx) Ecosystem initiative as a founding member.
Ecosystem is a data management service designed to provide participants from across the spectrum of financial and securities markets with access to HKEx market data, trading and clearing systems via one connectivity hub.
Customers of the Luxembourg-based company that are also participants at the HKEx will benefit from improved connectivity to the Clearstream systems once the Ecosystem goes live in the fourth quarter of 2012.
Participating in the HKEx’s hosting services is part of Clearstream’s Asia strategy to become the preferred international post-trade services provider in the region.
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