Hong Kong Mercantile Exchange Joins BT Radianz Cloud Community

UK telecoms giant BT today announced that the Hong Kong Mercantile Exchange (HKMEx) has joined the BT Radianz Cloud Cloud The cloud or cloud computing helps provides data and applications that can be accessed from nearly any location in the world so long as a stable Internet connection exists. Categorized into three cloud services, cloud computing is segmented into Software as a Service (SaaS), Infrastructure as a Service (IaaS), and Platform as a Service (PaaS). In terms of trading, the versatility of the cloud service allows retail traders the ability to test out new trading strategies, backtest pre-existing conc The cloud or cloud computing helps provides data and applications that can be accessed from nearly any location in the world so long as a stable Internet connection exists. Categorized into three cloud services, cloud computing is segmented into Software as a Service (SaaS), Infrastructure as a Service (IaaS), and Platform as a Service (PaaS). In terms of trading, the versatility of the cloud service allows retail traders the ability to test out new trading strategies, backtest pre-existing conc Read this Term community. HKMEx is now offering access to trade its range of commodity futures products as well as its market data feeds to BT’s financial cloud community, further attracting Liquidity Liquidity The term liquidity refers to the process, speed, and ease of which a given asset or security can be converted into cash. Notably, liquidity surmises a retention in market price, with the most liquid assets representing cash.The most liquid asset of all is cash itself.· In economics, liquidity is defined by how efficiently and quickly an asset can be converted into usable cash without materially affecting its market price. · Nothing is more liquid than cash, while other assets represent The term liquidity refers to the process, speed, and ease of which a given asset or security can be converted into cash. Notably, liquidity surmises a retention in market price, with the most liquid assets representing cash.The most liquid asset of all is cash itself.· In economics, liquidity is defined by how efficiently and quickly an asset can be converted into usable cash without materially affecting its market price. · Nothing is more liquid than cash, while other assets represent Read this Term from international investors and strengthening Hong Kong’s position as a major financial centre.

William Barkshire, co-president of HKMEx, said: “Joining the BT Radianz Cloud community enables us to increase the number of our market participants, while at the same time bringing our Asia-focused products — including upcoming renminbi-denominated precious and base metals futures products — to investors around the world who are eager to capitalize on China’s phenomenal economic growth.”

The BT Radianz Cloud platform offers cost-effective managed access to the largest secure networked financial community in the world. It already links to more than 700 member sites in Hong Kong, including many of HKMEx’s clearing members and broking members, and reaches more than 170 countries around the world.

Tom Regent, president, global banking & financial markets, BT, said: “We have made significant investments in Asia-Pacific and recognise the region’s strategic importance for our member community and BT. We are delighted to welcome HKMEx into the BT Radianz Cloud.

“More than 100 trading venues around the globe across all asset classes can already be accessed by the many thousands of members of our BT Radianz Cloud community. This reflects the growing desire of market participants internationally to have access to investment opportunities outside of their domicile and demonstrates the increasing need for greater interconnectivity between the world’s financial markets.”