11.13.2018

B3, Shanghai Reach Market Data Deal

11.13.2018
Shanny Basar

Brasil, Bolsa, Balcão (B3) and Shanghai Stock Exchange officially launch market data cooperation. SSE InfoNet Co., Ltd. (InfoNet), the wholly owned subsidiary of Shanghai Stock Exchange, together with its subsidiary in Hong Kong-China Investment Information Services Limited (CIIS) will act as the administer and official distributor of B3 market data in mainland China.

Today, 7 local vendors got the permission certificates granted by SSE Infonet to use and onward dissemination of B3’ Market Data of Ibovespa Index.

Through the cooperation, Shanghai Stock Exchange will advance its international strategy by coping with global exchanges. The cooperation will provide convenience for Chinese investors to know B3 market, as well as help B3 to promote their business in mainland China. It is a mutual benefits model for both exchanges.

Source: B3

Related articles

  1. Clients want consolidated data in midst of high volatility and price fluctuations.

  2. Allowing algorithms to control the supply and demand of crypto was challenged by Terra Luna.

  3. Italy Joins T2S

    The move allows Euronext to fully control and directly manage its core IT infrastructure.

  4. First products will include cash-settled Bitcoin and Ether futures and options.

  5. Morningstar offers more than 25,000 indices calculated across all major asset classes, styles and strategies.