Bank committed to its futures business in January as it closed equities
Standard Chartered is set to start testing
its new flagship trading platform with its first exchange, Hong
Kong Exchanges and Clearing (HKEx), marking a milestone for the
bank as it looks to expand the platform.
Standard Chartered’s Eclipse
– Execution, Clearing, Liquidity and Portfolio
Services – sits within the bank’s
Financial Markets business. The unit was unveiled in November
2013 and is designed to provide a range of services including
optimisation of pricing and execution, access to liquidity
hubs, client clearing, and an array of portfolio services
within the derivatives market.
Discussions with HKEx have been ongoing
since inception of the unit, with Eclipse now heading into a
testing cycle with the exchange group, said the bank, though
the exact timing is yet to be agreed.
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