HONG KONGĀ - Hong Kong's sole bourse operator HK Exchanges and Clearing Limited (HKEx) announced Tuesday that it will unveil three major initiatives to further improve its market data services.
According to a release by the HKEx, the initiatives include the expansion of its Free Prices Website Service, the introduction of New High-speed Derivatives Market Datafeed and the "Single License Regime for Securities and Derivatives Market Data".
Officials from the bourse believed these initiatives will provide broader access to real-time market prices for the investing public, faster derivatives market data and a simpler licensing regime for information vendors.
He also said implementation of the initiatives will "have no material impact on HKEx's revenue in the near term."