Thursday April 16 2015
News Source: Global Exchanges
Focus: Stock Exchange Regulation
Type: General
Country: Hong Kong
Link: http://www.hkex.com.hk/eng/market/partcir/sehk/2015/Documents/CT02715E.pdf
The Stock Exchange of Hong Kong Limited has announced the enhanced pre-trade checking of China Connect Securities under Shanghai-Hong Kong Stock Connect will come into effect on 20 April 2015.
Under the enhanced pre-trade checking model, designated executing Exchange Participants (Eps) can execute the sale of China Connect Securities in clients’ Special Segregated Accounts (“SPSA”) by inputting sell orders with the respective clients’ investor identification number assigned to the SPSA. Designated executing EPs should note that the confirmed effective date of each SPSA and the investor identification number may differ and they should follow the date as stated in the notification issued by the Exchange.
Click on the link above for further details