What is HKEX?

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Multiple Choice

What is HKEX?

Explanation:
In Hong Kong, the entity that operates and controls the main trading platforms and their clearing facilities is called the exchange controller. The Securities and Futures Commission grants this status under section 50 of the Securities and Futures Ordinance. HKEX is the body recognized by the SFC as the exchange controller, meaning it has the authority to run the market venues (like the stock and futures exchanges) and the associated clearing services. This regulatory status sets HKEX apart from being a regulator itself (that role belongs to the SFC) or from being merely a clearing house. (Note: HKEX is itself a listed company on the SEHK, but its defining role in market infrastructure is its recognition as exchange controller under s.50 SFO.)

In Hong Kong, the entity that operates and controls the main trading platforms and their clearing facilities is called the exchange controller. The Securities and Futures Commission grants this status under section 50 of the Securities and Futures Ordinance. HKEX is the body recognized by the SFC as the exchange controller, meaning it has the authority to run the market venues (like the stock and futures exchanges) and the associated clearing services. This regulatory status sets HKEX apart from being a regulator itself (that role belongs to the SFC) or from being merely a clearing house. (Note: HKEX is itself a listed company on the SEHK, but its defining role in market infrastructure is its recognition as exchange controller under s.50 SFO.)

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