HKEx Bows ASP Partner Program


Hong Kong Exchanges and Clearing has set up a program to allow application service providers to establish direct links to HKEx's trading and data systems to provide managed connectivity services to clients, which exchange officials say can lower participants' operating costs and increase their performance.

The program allows vendors to connect directly to HKEx's market data platform and distribute data to licensed vendors or users, acting as a licensed feed provider for HKEx data, avoiding the collection and reporting obligations of data vendors.

So far, four vendors─SunGard, 2GoTrade, Ayers Solutions and iAsia Online Systems─have committed to provide ASP connectivity at the exchange's datacenter in the Tseung Kwan O area of Hong Kong.

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