Fidessa’s China Connect link gains traction
The China Connect program will open up access to mainland China by allowing offshore investors to trade Shanghai listed shares via the Hong Kong market. It will also allow mainland China-based investors to trade in Hong Kong listed shares via the Shanghai market.
“Implementing this link successfully involves additional technology infrastructure, as well as new tools and processes right across the front, middle and back office, in order to take full advantage of the Shanghai market," said David Jenkins, head of product marketing at Fidessa in Asia Pacific.
“Fidessa has spent a lot of time working closely with both exchanges and key customers to develop a solution that addresses the complexities that brokers wanting to use China Connect face.”
In addition to the five clients who will go live with China Connect as part of the program's first batch at launch, Fidessa also reports a strong pipeline of other firms looking to use its solution as part of the second batch or beyond.
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