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Brokers urge systems upgrade for HKEx

Posted on 15 July 2013

Stock exchange needs better trading systems and cut to stamp duty to compete with growing international rivals, say brokers and investors. Hong Kong Exchanges and Clearing needs to upgrade its systems and introduce commodities trading in order to compete with rival exchanges in Shanghai and elsewhere in the world, local brokers and international investors said.
They said the city’s stock exchange faced a growing challenge to its status as a key regional player because its former flagship products, so-called H shares, had lost their lustre after their poor performance………………………………………..Full Article: Source


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