Hong Kong Stock Exchange Trading Floor

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Hong kong stock exchange trading floor.

The trading hall and exchange exhibition hall will be renamed hong kong connect hall after they are renovated. Stock exchange operator hong kong exchanges and clearing said earlier this month it would shut the trading floor one of the few remaining such venues in major global markets in october. Stock exchanges without a trading floor. The physical trading floor at exchange square was closed in october 2017.

Hong kong s last remaining stock market floor traders are taking their final orders as the exchange prepares to shut its trading hall. Electronic trading was introduced in 1993 and off floor trading began in 1996. Hkex will shut its iconic trading hall on friday 31. About 1 000 hong kong traders joined chief executive carrie lam cheng yuet ngor on friday to bid farewell to the stock exchange trading hall marking the end of 126 years of floor trading in the.

Hong kong exchanges clearing ltd. Hong kong s stock exchange was home to more than a thousand floor traders at its peak the frenetic excitement of the floor not to mention the fortunes that were made and lost came to define hong. As more and more stock exchange participants chose to trade at their own offices due to the advancement of technology floor trading declined substantially. Is about to become the newest member of a once unthinkable club.

Hong kong stock exchange hkg hk. The issue dampens investor sentiment particularly given the strong us stock market overnight and closures in other major markets in the region including hong kong south korea and taiwan. The stock exchange is owned through its subsidiary stock exchange of hong kong limited by hong kong exchanges and clearing limited hkex a holding company that it also lists sehk.