Hong Kong’s Celera Markets becomes London Stock Exchange member
- 9th Greater China member, 1st on London Stock Exchange Derivatives Market
- Reflects London’s position as a leading offshore Renminbi centre
- Further strengthens UK-Greater China ties
London Stock Exchange today welcomes Celera Markets, the brokerage arm of Greater China diversified financial industry group, Celera Group, as a member firm and the first Hong Kong member on London Stock Exchange Derivatives Market (LSEDM). London Stock Exchange received regulatory approval last year from Hong Kong’s Securities and Futures Commission allowing Hong Kong firms to become members.
Celera Markets is London Stock Exchange’s ninth member from Greater China and the second from Hong Kong, highlighting London’s deep relationship with the region, and reflecting London’s strength as a global financial centre.
London Stock Exchange membership allows major trading and broking firms to connect directly to Europe’s most liquid and international order book, and to trade central counterparty cleared securities including some of the world’s largest and well known companies. Celera Markets, the first Hong Kong member on London Stock Exchange Derivatives market, will have access to trade derivative contracts in UK securities, index products including FTSE 100 futures and options, Global Depositary Receipts and CurveGlobal interest rate products available on LSEDM.
Nicolas Bertrand, Global Head of Derivatives Markets for Equities & Fixed Income, London Stock Exchange:
“Welcoming Celera Markets today further strengthens ties between the UK and Greater China and reinforces London Stock Exchange’s status as the venue of choice for Chinese investment, trading and capital raising.”
Eric Wong, CEO, Celera Group:
“We are honoured and excited to join the London Stock Exchange Group community and hope to add to the vibrancy and liquidity of the market. We have always envisioned facilitating flows between Asia especially the Greater China region and Europe and now we are one step closer to that reality. Despite the political realignment with regards to the UK and Europe we are still confident that the broader European region will continue to present attractive opportunities for Asian outbound investment.”
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Notes to editors:
About London Stock Exchange Group:
London Stock Exchange Group (LSE.L) is an international markets infrastructure business. Its diversified global business focuses on capital formation, intellectual property and risk and balance sheet management. LSEG operates an open access model, offering choice and partnership to customers across all of its businesses. The Group can trace its history back to 1698.
The Group operates a broad range of international equity, ETF, bond and derivatives markets, including London Stock Exchange; Borsa Italiana; MTS (Europe's leading fixed income market); and Turquoise (a pan-European equities MTF). Through its platforms, LSEG offers market participants, including retail investors, institutions and SMEs unrivalled access to Europe’s capital markets. The Group also plays a vital economic and social role, enabling companies to access funds for growth and development.
Through FTSE Russell, the Group is a global leader in financial indexing, benchmarking and analytic services with approximately $10 trillion benchmarked to its indexes. The Group also provides customers with an extensive range of real time and reference data products, including SEDOL, UnaVista, XTF and RNS.
Post trade and risk management services are a significant part of the Group’s business operations. In addition to majority ownership of LCH, a multi-asset global CCP operator, LSEG owns CC&G, the Italian clearing house; Monte Titoli, a leading European custody and settlement business; and globeSettle, the Group’s CSD based in Luxembourg.
LSEG is a leading developer and operator of high performance technology solutions, including trading, market surveillance and post trade systems for over 40 organisations and exchanges, including the Group’s own markets. Additional services include network connectivity, hosting and quality assurance testing. MillenniumIT, GATElab and Exactpro are among the Group’s technology companies.
Headquartered in the United Kingdom, with significant operations in North America, Italy, France and Sri Lanka, the Group employs approximately 3,500 people.
Further information on London Stock Exchange Group can be found at www.lseg.com