NYSE Euronext (NYX) is pleased to announce that it has joined the Chinese Securities Association of Hong Kong (CSAHK) as its first special member. The CSAHK provides a platform for strengthening relationships with prominent market participants in the region and NYSE Euronext will be the first international exchange to join the Association.
The CSAHK represents 53 subsidiary mainland Chinese firms, including Chinese banks and securities and futures brokers. The CSAHK provides an important bridge between mainland regulators and financial services firms in China and Hong Kong.
“NYSE Euronext’s acceptance by the CSAHK as their first special member demonstrates how we are leading the way in connecting the capital market community through greater collaboration and dialogue. We are honored to be the first international exchange to share its expertise and support the development of the region,” said Cecelia Zhong, Head of Greater China, NYSE Liffe, the global derivatives business of NYSE Euronext. “By deepening our dialogue and exchanging ideas with fellow members, we look forward to gaining essential insight that will enhance our relationships with key financial institutions and customers.”
“The CSAHK is delighted to welcome NYSE Euronext as the Association’s first special member,” said Dr. Yim Fung, the Chairman of CSAHK. “By sharing our regional knowledge and leveraging the international networks and expertise of NYSE Euronext, we look forward to working closely with the exchange in developing the Asian financial market.”
NYSE Euronext has a large Asian customer base using its pioneering products and services. The exchange has identified Asia as a growth area and over the last few years, it has increased its footprint via a series of strategic alliances with leading market participants in the region. Extending the group’s physical presence, NYSE Euronext has opened several offices, including the expansion of its Hong Kong office in December 2011 which now includes the global derivatives business NYSE Liffe.
