"This reinforces Hong Kong's position as a leading international financial centre and our long and successful relationship with OM," said Kwong Ki-chi, Chief Executive of HKEx.
"It is a sign of strength when we can extend our relationship like this. Through our association with Hong Kong Exchanges and Clearing, we are strengthening our position in the Asia-Pacific region - there is currently no other system supplier which has delivered to more exchanges and clearing organisations in the Asia-Pacific region than OM," said Magnus Karlsson Böcker, Head of Division Technology.
"The addition of the SECUR system to our derivatives market infrastructure is consistent with the recommendations of the Steering Committee on the Enhancement of the Financial Infrastructure in Hong Kong and it moves us closer to our goal of straight-through-processing for all our products," said Frederick Grede, Chief Operating Officer of HKEx.
HKEx is the publicly listed holding company of The Stock Exchange of Hong Kong Limited, Hong Kong Futures Exchange Limited and Hong Kong Securities Clearing Company Limited. It operates Hong Kong's securities and derivatives markets and provides a compre-hensive range of pre- and post-trade investment services.
OM is a publicly listed company, organised in three divisions: Technology, Transaction and Jiway. Within Transaction OM owns and operates exchanges. Technology contains OM's development and sales of technology. Jiway is a joint venture between OM (60%) and Morgan Stanley Dean Witter (40%) and is the worlds' first fully integrated stock exchange. OM has operations in Europe, North America and Asia, with offices in 11 countries. The parent company, OM Gruppen, is listed on the OM Stockholm Exchange.
