Hong Kong Stock Exchange Trading Floor

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.

Hong kong stock exchange trading floor.

Hong kong exchanges clearing ltd. 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. 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.

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. Hong kong stock exchange hkg hk. The physical trading floor at exchange square was closed in october 2017. As more and more stock exchange participants chose to trade at their own offices due to the advancement of technology floor trading declined substantially.

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. Is about to become the newest member of a once unthinkable club. Stock exchanges without a trading floor. One of the world s largest securities markets by market capitalization the hong kong stock exchange traces its origins to the founding of china s first formal.

Hkex will shut its iconic trading hall on friday 31. Electronic trading was introduced in 1993 and off floor trading began in 1996. Hong kong s last remaining stock market floor traders are taking their final orders as the exchange prepares to shut its trading hall.