ABN AMRO Clearing Selected as Founding Member of HKEx
ABN AMRO Clearing in Hong Kong announced April 3 it is selected for the founding member program of Hong Kong Exchanges and Clearing Limited (HKEx). As part of HKEx’s Hosting Services Founding Members Program, ABN AMRO Clearing (AAC) will participate in the early set-up of the hosting ecosystem at HKEx’s Next
Generation Data Center (NGDC), before its launch later this year.
AAC is a world leading independent third-party clearing services provider of listed derivatives and cash securities, OTC products, Warrants, Commodities and FX. With 12 offices across the globe servicing 85+ exchanges it consistently ranks among the top 3 clearers in every time zone.
AAC has offered Market Access (MA) services from the day the first trading floors went electronic. Today’s services are extensive, ranging from access via Independent Software Vendors (ISV’s) own trading applications to proximity and collocation hosting services for members and non members alike.
David West Managing Director of AAC in HK said “we look forward to supporting the continued growth of the Hong Kong markets and our clients trading activities”. Ryan Wuebbels, Head of Relationship Management for the Hong Kong Exchange said, “We welcome ABN AMRO Clearing into the Hosting Services Founding Member Programme and look forward to the clearing services they will bring to our Hosting Services Ecosystem.