London Stock Exchange welcomes China Merchant Securities UK as member firm
London Stock Exchange today welcomes China Merchant Securities UK (CMS UK) as a member firm. CMS UK is London Stock Exchange’s twelfth member from Greater China, highlighting London’s deep relationship with the region, reflecting its historic strength as a global financial centre and London’s development as the pre-eminent offshore RMB centre.
Brian Schwieger, Global Head of Equities Products and Co-Head of Equity, Funds & Fixed Income – Secondary Markets, London Stock Exchange:
“Welcoming CMS UK as a member firm today is another step in our journey towards greater collaboration and partnership with China. It underscores the unique and increasing appeal that London holds as the venue of choice for Chinese investment, trading and capital raising and reinforces London’s reputation as one of the world’s leading international financial centres.”
Ms Fan Yang, CEO of China Merchant Securities International Co.
"Gaining London Stock Exchange membership is another milestone that reflects the strengthened strategic position of CMS UK in recent years. It will create notable benefits for Asian investors to step into the largest equity market in Europe and simultaneously facilitate the launch of the London-Shanghai Stock Connect."
Including CMS UK, there are 12 Greater Chinese member firms on London Stock Exchange:
- Algorithmic Trading Group
- Eclipse Futures
- GF Financial Markets
- ICBC Standard
- Sun Hung Kai Financial