Cboe Global Markets Receives Hong Kong Approval of Listed Exchanges

by Finance Magnates Staff
  • The approval enables Cboe to further facilitate investment in the region.
Cboe Global Markets Receives Hong Kong Approval of Listed Exchanges
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The Mandatory Provident Fund Schemes Authority (MPFA) of Hong Kong has officially verified Cboe BZX Exchange , Inc. as the newest addition to its list of approved stock exchanges. Cboe Global Markets has been awaiting the approval, in an effort to gain greater traction for its listed assets, by providing accessibility to investors in the region.

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The Cboe BZX Exchange was similarly approved by the Japanese Financial Services Authority (JFSA) in December of last year, leading to a surge of additional exchange-traded product (ETP) transfers to Cboe. Cboe Global Markets is committed to increasing the volume of funds that can be transferred through its exchanges. The MPFA approval is a significant accomplishment for the exchange holding company, since each market must first approve Cboe’s exchange, in order for it to legally operate within its jurisdiction.

Laura Morrison, Senior Vice President and Global Head of Exchange-Traded Products at Cboe, commented on the recent MPFA approval: “Investors across the Asia Pacific region fuel significant growth in every major asset class, and we are delighted to be able to serve those customers more fully following the MPFA's decision. We want to thank the MPFA and our partners in and around the region, in supporting this at every stage of the process.”

Cboe Global Markets continues to extend its operations both geographically and functionally. As 2017 came to a close, the exchange saw a decline in December trading volumes. However, the overall numbers for Q4 were still high enough to set record volumes.

The company offers a wide range of products, facilitating trading on various trading instruments, including options, futures, and US and European equities. In addition, they provide a trading venue for exchange-traded products (ETPs, and foreign exchange related products. In response to the growing demand for Cryptocurrencies , the exchange added Bitcoin futures toward the end of last year.

The Mandatory Provident Fund Schemes Authority (MPFA) of Hong Kong has officially verified Cboe BZX Exchange , Inc. as the newest addition to its list of approved stock exchanges. Cboe Global Markets has been awaiting the approval, in an effort to gain greater traction for its listed assets, by providing accessibility to investors in the region.

Discover credible partners and premium clients at China’s leading finance event!

The Cboe BZX Exchange was similarly approved by the Japanese Financial Services Authority (JFSA) in December of last year, leading to a surge of additional exchange-traded product (ETP) transfers to Cboe. Cboe Global Markets is committed to increasing the volume of funds that can be transferred through its exchanges. The MPFA approval is a significant accomplishment for the exchange holding company, since each market must first approve Cboe’s exchange, in order for it to legally operate within its jurisdiction.

Laura Morrison, Senior Vice President and Global Head of Exchange-Traded Products at Cboe, commented on the recent MPFA approval: “Investors across the Asia Pacific region fuel significant growth in every major asset class, and we are delighted to be able to serve those customers more fully following the MPFA's decision. We want to thank the MPFA and our partners in and around the region, in supporting this at every stage of the process.”

Cboe Global Markets continues to extend its operations both geographically and functionally. As 2017 came to a close, the exchange saw a decline in December trading volumes. However, the overall numbers for Q4 were still high enough to set record volumes.

The company offers a wide range of products, facilitating trading on various trading instruments, including options, futures, and US and European equities. In addition, they provide a trading venue for exchange-traded products (ETPs, and foreign exchange related products. In response to the growing demand for Cryptocurrencies , the exchange added Bitcoin futures toward the end of last year.

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