Hong Kong Exchanges and Clearing Limited (HKEx) held a ground breaking ceremony today (Tuesday) for its Next Generation Data Centre (NGDC) in Hong Kong’s Tseung Kwan O Industrial Estate. The ceremony was officiated by the guest of honour Secretary for Financial Services and the Treasury Professor KC Chan. He and Securities and Futures Commission (SFC) Chief Executive Martin Wheatley joined HKEx Chairman Ronald Arculli, Chief Executive Charles Li, and other HKEx directors at the event.
HKEx aims to move the primary data centre for its securities market to the NGDC in the fourth quarter of 2012. It plans to complete the relocation of the primary data centres for other systems, such as its derivatives market systems, to the NDGC in the fourth quarter of 2013.