Deutsche Börse and Shanghai Stock Exchange celebrate first successful year of market data cooperation Eight clients from mainland China signed in total
Deutsche Börse and Shanghai Stock Exchange (SSE) celebrate the anniversary of their successful market data cooperation. Three new clients signed today to get access to key Deutsche Börse market data via SSE. Now a total of eight clients use this connection.
A ceremony to celebrate the successful partnership was held today in Shanghai, attended by Deutsche Börse Executive Board Member Hauke Stars and Bo Que, Vice President of Shanghai Stock Exchange.
In this cooperation, SSE via its wholly owned subsidiary SSE Infonet Ltd. acts as the official distributor and licensor of Deutsche Börse market data products in mainland China.
The three new official vendors of Deutsche Börse market data are NetEase Media Technology, Beijing SINA Internet Information Service and Shenzhen Tencent Computer Systems. Further clients are Shanghai DZH, Shanghai Wind Information, Zhengzhou Esunny Information Technology, HithinkRoyalFlush Information Network, and East Money Information Technology.
“This is a big milestone for us. Our partnership with one of the biggest Asian exchanges allows us to further strengthen our business in China,” said Hauke Stars, Executive Board Member responsible for the Information Technology and Market Data + Services division of Deutsche Börse. “We are pleased to enter the next phase of this cooperation, exploring options to further deepen our relationship.”
Bo Que, Vice President of Shanghai Stock Exchange, said: “Through the market data cooperation with Deutsche Börse, in addition to SSE and local mainland China exchanges’ market data, the China Investment Information Platform also carries major international exchanges’ information. This cooperation is one of the important ways for SSE to promote internationalization. Today’s ceremony is an important initiative of mutually beneficial cooperation between two exchanges.”
In this context, SSE introduced and awarded certificates for official vendors of Deutsche Börse market data in mainland China. The diplomas were handed over to old and new customers alike.
The cooperation with SSE is part of a series of market data partnerships between Deutsche Börse and exchanges in the Asia region. In November 2014, Deutsche Börse entered a market data partnership with Singapore-based Cleartrade Exchange. In October 2013, Deutsche Börse became the exclusive licensor of Bombay Stock Exchange’s market data and information products to all international clients.