10.29.2018

B3 And Shanghai Stock Exchange Launch Data Cooperation

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. Securities financing transactions will all have to be reported to a trade repository.

  2. Reports on taxonomy, carbon benchmarks and green bonds are due by June 2019.

  3. Fixed Income Liquidity to Become More Centralized

    Liquidity challenges in fixed income shift market influence to institutional investors.

  4. Clients are demanding innovation in multi-asset data, index and analytics.

  5. MTS Expands in Switzerland

    Market participants want a single platform for trade reporting across jurisdictions and asset classes.