NYSE Liffe, the Europe-based derivatives business of NYSE Euronext, has received regulatory approval from the Hong Kong Securities and Futures Commission to provide automated trading services in Hong Kong.
This gives customers in Hong Kong direct and therefore faster access to trading on the London market of NYSE Liffe via its electronic platform, Liffe Connect.
Until now, customers in Hong Kong have had to connect to NYSE Liffe via order routing or other indirect means.
This step enables customers in Hong Kong to benefit from much lower latency and to access directly NYSE Liffe’s short term interest rate, bond, swapnote and equity and equity index products.
Garry Jones, group executive vice president and head of global derivatives, NYSE Euronext, says: “We are delighted to be able to offer our growing customer base in Hong Kong direct and quicker access to our products. Asia is an increasingly important market for us and we are committed to developing our business in the region.”