Hong Kong Stock Exchange has launched Synapse
The Hong Kong
Exchange Clearing Limit (HKEX) operator of Hong Kong Stock Exchange, Hong Kong Future Exchange and London Metal Exchange is launching a new Novel Equities Settlement Acceleration Platform. This platform is named Synapse. According to the announcement of 4 October to rearrange the flow after Synapse trend and to increase operation capacity will use the DAML programming language in smart contract. Synapse will be posted on stock connect, that is a HKEX channel and by means of routing makes international investments in Hong Kong and makes it capable of more than 1,000 mainland Chinese shares. With the launch of retail trading for licenced
Crypto Exchange in August, Hong Kong aims to transform itself as a hub for Web3 firms.
