HKEX Launches HKEX Data Marketplace to Empower Investors
Hong Kong Exchanges and Clearing Limited (HKEX) recently announced the launch of the HKEX Data Marketplace. This new web-based platform provides a modern approach to accessing HKEX’s historical and reference data. It aims to support global investors by offering richer and more insightful data to inform investment strategies.
Features of the HKEX Data Marketplace
These are the main features of the HKEX data marketplace:
Modern User Interface
The platform features a streamlined and user-friendly design. It enables investors to navigate and access data seamlessly. It offers an improved user experience.
Data Delivery Channels
HKEX ensures flexible data access with multiple delivery options, including cloud transfer. This direct delivery system offers optimal convenience and efficiency for users.
Initial Data Offerings
These will be the initial data offerings:
Shareholding Data
The platform provides shareholding data from the Central Clearing and Settlement System (CCASS). This data is available for commercial use.
Historical Full Book Data
Investors can access historical data from HKEX’s securities and derivatives markets. This information supports detailed market analysis.
Daily Non-Trading Reference Data
The marketplace offers daily reference data for the securities market. This data includes non-trading information essential for informed decision-making.
Effects on Traders
This update will have these effects on users:
Easier Access to Historical and Reference Data
The new platform provides traders and investors with direct access to HKEX’s proprietary data. This eliminates the need for intermediaries and streamlines data retrieval.
Enhanced Investment Insights
With access to shareholding data from CCASS and historical market data, investors can analyze market trends more effectively. This data helps in making informed decisions based on market performance and historical patterns.
Convenient Data Delivery
The inclusion of multiple delivery channels, including cloud transfer, ensures investors can receive data quickly and securely. This convenience supports timely decision-making in fast-moving markets.
Support for Advanced Strategies
Daily non-trading reference data and historical full book data enable investors to refine their strategies. Access to these datasets allows for better risk management and portfolio diversification.
Customizable Data in the Future
Planned customization tools will allow traders to tailor data to their specific needs. This feature will enhance efficiency by providing only the most relevant data for analysis.
Accessibility for Chinese-speaking Users
The introduction of a Chinese interface in 2025 will make the platform more inclusive. This move will allow a larger group of regional traders and investors to benefit from HKEX’s data services.
About HKEX
Hong Kong Exchanges and Clearing Limited (HKEX) is one of the largest exchange groups in the world. It provides a platform for trading various financial instruments, including equities, derivatives, and commodities. HKEX plays a crucial role in linking Chinese markets with international investors.
Summing Up
The HKEX Data Marketplace simplifies access to crucial market data and supports global investment strategies. With plans for continuous improvements, the platform is set to enhance the vibrancy and attractiveness of Hong Kong’s financial markets.
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