HKEX declares enhancements to its market knowledge suite

Hong Kong Exchanges and Clearing Restricted (HKEX) declares at this time new enhancements to its market knowledge suite as a pilot programme, with the introduction of an Enterprise Information Package deal; and a price discount for retail cell subscribers.

Each of those enhancements can be efficient from 1 December 2023.

Underneath the Enterprise Information Package deal, EPs and brokers with retail enterprise can entry Stage 1 real-time streaming Hong Kong securities knowledge for a hard and fast month-to-month price of $400,000 for a vast variety of purchasers and end-investors. The Enterprise Information Package deal can be relevant to Stage 1 real-time streaming derivatives market knowledge, at $100,000 per 30 days. With the introduction of the brand new market knowledge service subscription choice, EPs and brokers with retail enterprise may have the flexibleness of selecting between a per-user subscription pricing mannequin and a hard and fast month-to-month bundle, for enhanced cost-efficiency.

As well as, as a part of HKEX’s dedication to make market knowledge extra accessible to retail buyers, the month-to-month price for cell market knowledge service – as charged to EPs or info distributors – can be lowered from $38 to $10, or a 74 per cent discount. This may allow cell gadget customers to achieve entry to Stage 1 real-time Hong Kong securities market knowledge at a extra aggressive value in addition to encourage broader participation. Particular person buyers can enroll this service by their brokers or info distributors.

As a part of a broader overview of its market knowledge providing, HKEX plans to discover with monetary regulators and different stakeholders different methods to boost HKEX’s market knowledge providing, together with higher differentiation between skilled and non-professional knowledge customers. This may allow HKEX to supply extra customised or bespoke knowledge packages for various customers or person teams sooner or later. Additional updates can be supplied in the end.

Extra particulars of the Enterprise Information Package deal and the cell market knowledge service can be found on the HKEX web site. These enhancements are provided as a pilot programme by the tip of 2025, after which they are going to be topic to additional overview.