Nasdaq has signed an agreement to upgrade the Hong
Kong Exchange and Clearing (HKEX) derivatives
trading and clearing technology.
Under the agreement, Nasdaq will deliver its
multi-asset trading technology and derivatives
clearing engine, as well as a real-time risk manage-
ment solution. The new derivatives platform will also
addresses certain risk management and stress testing
requirements for clearing houses and exchanges to
The agreement extends the technology partnership,
which HKEX and Nasdaq have upheld since 1994, for
an additional five years. The upgrade is expected to be
completed in the second half of 2018.
Nasdaq signs deal to upgrade HKEX derivatives market