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Hong Kong Exchanges and Clearing Ltd and Singapore Exchange cooperate on RMB internationalisation and connectivity

Tuesday, 3 Dec 2013 11:00pm EST 

Hong Kong Exchanges and Clearing Ltd:Says Singapore Exchange agreed to cooperate in several areas of common interest, which include promoting the internationalisation of the Renminbi by exploring joint product development.Says to enhancing connectivity through points of presence in each other’s data centres and collaborating on technology development and regulatory issues.Says may work closely in relation to extraterritorial market infrastructure regulation impacting the Asian region. 

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