HK Capital Markets’ Post

#HKEX introducing #SevereWeatherTrading 🌪️🌊 effective September 2024 - Game-changer for market access By enabling remote trading capabilities, the market will remain open even during typhoons and rainstorms. ⚡🌧️ This underscores HKEX’s commitment to supporting resilience and competitiveness of Hong Kong as a financial hub. Check out our client update to learn more about this game-changing initiative: https://lnkd.in/ghZ9SAQf #TradingThroughStorms #MarketResilience

Every game needs a strategy – so does the one that CCPs play. What are some of the biggest questions Europe's clearing landscape is facing today, and the strategies that can be deployed to tackle them? At the session titled "The CCP market game – at strategic level" at the PostTrade 360° Nordic 2024 conference, the audience got a glimpse into the minds of some of the industry's most senior leaders to understand how to excel at the CCP market game. Read more through the link: https://lnkd.in/d2rSPuUT Panellists: Isabelle Girolami, LCH Matthias Graulich, Deutsche Börse Patrik Löhr, Nasdaq Clearing Vikesh Patel, Cboe Clear Europe Roberto Pecora, Euronext Clearing Jose Manuel Ortiz-Repiso, SIX Moderator: Gabriel Vimberg, SEB

We are thrilled to announce the beginning of an insightful series brought to you by HKCMP. Our opening article addresses the pressing challenges currently facing the Hong Kong capital market, particularly focusing on the evolving investor sentiments and emerging geopolitical influences.   This is a pivotal moment for strategic reassessment and the implementation of bold reforms aimed at enhancing the resilience and integrity of our market.   Join us as we explore potential pathways and strategic pivots necessary for the Hong Kong Exchange to maintain its role as a premier global financial hub. What should be the future direction for HKEx? How can it redefine itself as the gateway to Asia? Stay tuned for more insights from our esteemed colleagues in the coming weeks.    Read the first article here: 🔗https://lnkd.in/dSTAJwb3   For further exploration of our series, visit our website: 🔗 https://lnkd.in/did4BvYS   #hkcmp #financialmarkets #marketreform #capitalmarket #hkex #investment #financeprofessionals #marketresilience

Listing Rules Foundation Course – Session Three: Chapter 14A - Connected Transactions Directors, senior management, and governance professionals, don't miss out on this essential session to ensure compliance and stay informed on the topic of ‘Chapter 14A - Connected Transactions’ of Hong Kong Exchanges and Clearing Limited (HKEX) Listing Rules. It is a valuable opportunity to enhance your understanding and stay up-to-date with the regulatory requirements. Speakers from HKEX, Stephenie Fung, Ashley Chan will explain with practical case studies covering topics on: • Who are connected persons • What are connected transactions • Specific requirements for continuing connected transactions • Measures for identifying and monitoring the transactions • Applicable compliance requirements • Aggregation and alternative size tests Venus Lo from HKEX and legal and governance professional practitioners Tom CHAU, Cindy Kwong and Frank Yuen will share their insights in a panel discussion. Register now:  Physical: https://lnkd.in/g4JJWyU5  Online: https://lnkd.in/gmzxBNbd #HongKongListing #HKCGI #ComplianceTraining #CorporateGovernance #ListingRules

The EU is envisioning its Capital Markets Union but so far, financial markets infrastructures have largely remained domestic businesses organised per member state, under scarce competition. (Their supervisory authorities, too, are still national.) Who benefits and loses from this, and what changes are we realistically up for? What setup would best support the continent’s financial market, which – at least on comparison with the US – shows a lacklustre performance? In the panel titled "Unifying the EU’s market for financial market infrastructures – the when, who, and how" at the PostTrade 360° Nordic 2024 conference, top seniors representing European exchanges, CSDs, and clearinghouses alike were joined by competition advocate Karel Lannoo. Read more through the link: https://lnkd.in/dFyDrevQ Panellists: Pierre Davoust, Euronext Corentine Poilvet, LSEG Post Trade Ilse P. Euroclear SA/NV Richard Metcalfe, World Federation of Exchanges Karel Lannoo, Centre for European Policy Studies (CEPS) Moderator: John Siena, Brown Brothers Harriman

A fantastic panel that I had the honour of moderating today ... It's been almost a quarter century since Giovannini: although there has been a lot of water under the bridge since then, much more needs to be done to fulfill the Capital Markets Union agenda. We covered four broad topics: - Private initiatives already undertaken by FMIs that reflect real progress; - Competiton: is it (or the lack of it) really a problem, and how do we balance the tension between competition and the need for a European champion? - Fragmented supervision and regulation: to what extent does this inhibit a CMU and what can be done about it; and - Innovation: progress to date, looking forward and threats. Incredibly insightful and complementary insights were offered by my co-panellists. We have our work cut out for us but the message was clear that the industry needs to lean in to help public authorities chart a course that makes European capital markets a worthy competitor on the global stage. #posttrade #securities POSTTRADE 360° Pierre Davoust Ilse P. Corentine Poilvet Karel Lannoo Richard Metcalfe

🌏 The global investment community faces an intensifying problem as the number and scale of sanctioned securities, companies and individuals continues to rise almost exponentially. Disguised beneficial ownership makes compliance an even more daunting challenge. 💡 In Hubbis, the reference media in wealth management thought leadership in Asia, Oliver Bodmer explains why delivering deep-dive data helps avoiding exposures to these sanctions black holes. 👉 Read his article here: https://six.swiss/48LvdgQ #Sanctions #SSMS #MakingADifferenceWithData Hubbis

If you want to know more about the KDPW_CCP recovery plan and what challenges we faced, you can read about it in the case study ''Orderly handling of the unexpected - recovery planning" that I wrote and which is included in this publication. Please turn to page 63.

In depth: Will the European equities tape tender process end up as a one-horse race? Annabel Smith explores the potential contenders to provide the European equities consolidated tape following the opening of European Securities and Markets Authority (ESMA)’s consultation, unpacking the watchdog’s rules around consortiums, the future role of data providers, and assessing if anyone will step up to the plate to contend with EuroCTP, the only current bidder and exchange-backed initiative. #data #technology #regulation #data #consolidatedtape #europe #equities Cboe Global Markets EuroCTP Adamantia Bloomberg

SSEK's Michael Carl and Maria Yudhitama spoke at a recent capital markets seminar hosted by the Indonesia Stock Exchange and Hong Kong Exchanges and Clearing Limited (HKEX) on Roadmap to Additional Liquidity via Dual Listing. The IDX and HKEX signed a memorandum of understanding in July 2023 to explore partnership opportunities and strengthen connectivity between both markets, improve stock trading liquidity, and increase the global presence of Indonesian companies. One of the explored collaboration schemes is a secondary listing of IDX-listed companies on HKEX. The IDX and HKEX seminar explored how IDX issuers can tap additional liquidity via HKEX, looking at the process, benefits, challenges and requirements associated with a dual listing in Hong Kong. SSEK’s Michael Carl and Maria Y. Eka Dewi, along with partners from the Hong Kong office of multinational law firm Latham & Watkins LLP, gave a presentation on How to List in Hong Kong: Process and Considerations. #indonesia #hongkong #idx #hkex #listing #duallisting #capitalmarkets #ssek #lawfirms