Friday July 15 2016
News Source: Global Exchanges
Focus: Other
Type: General
Country: International
Link: http://www.szse.cn/main/en/AboutSZSE/SZSENews/SZSENews/39760623.shtml
Shenzhen Securities Information Co., Ltd. (SSIC), a wholly-owned subsidiary company of SZSE, and Euronext have signed an Index Cooperation Agreement, in order to develop, exchange and promote their index business and carry out innovative co-operation in the index business.
The Agreement states that the parties will make full use of their advantages to develop deeper partnership in various aspects, including cross display of index market, development and promotion of index products, formulation and R&D of cross-border indexes, and personnel exchange.
Shenzhen Stock Exchange (SZSE) and Euronext entered into a memorandum of understanding in March 2015, and the Agreement is an important move in implementing the parties` intention of cooperation.
SSIC has been seeking opportunities of developing global index cooperation and enlarging its cooperation and exchange with international financial institutions and overseas exchanges, in order to facilitate the international development of China`s capital market.
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