Chinese brokerage firm Haitong Securities has joined the global connectivity network of Fidessa to open up Chinese markets. The move will let 2,400 buy-sides and 600 brokers on the Fidessa network route orders through Haitong to the Shanghai and Shenzhen stock exchanges.
Fidessa has now cleared conformance testing with STOCOM, opening the way for inbound trading through Haitong of A-shares and B-shares in these markets. The Fidessa trading network covers over 150 markets across Europe, the Middle East and Africa, Asia Pacific and the Americas. Haitong has offered access to the Shanghai Stock Exchange through its subsidiary Shanghai Stock Communication Company since 2008.
Click here for the release from Fidessa.